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Front runner emerges for strategic Saudi Aramco oil facility contract - Upstream Online

Upstream Online · last updated

Front runner emerges for strategic Saudi Aramco oil facility contract | Upstream Online

A leading Middle East-based engineering and construction giant has emerged as the potential front runner for a $1 billion contract from Saudi Aramco for work on a strategic oilfield terminal.

Aramco, the world’s largest oil exporter, has outlined capital expenditure guidance of between $48 billion and $52 billion for this year as it stays on track with sizeable upstream expansion plans.

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