US$110 billion gas field development

25 February 2020

Saudi-Aramco

Saudi Aramco is the world’s largest oil producer. 

Picture copyright: Saudi Aramco

The world’s largest oil producer, Saudi Aramco, has received regulatory approval to develop the Al-Jafoura gas field, located in the eastern region of Saudi Arabia. It is reported that the development of the gas field will cost US$110 billion.

Al-Jafoura gas field is 170km in length and 100km in width, making it the largest non-associated and non-conventional gas field in Saudi Arabia.

According to the state-run Saudi Press Agency, the field will be able to produce approximately 425 million standard cubic feet of ethane per day, which represents nearly 40% of the current production.

It will also produce approximately 550,000 barrels per day of gas liquids and condensates, which is essential for the petrochemical industries.

The gas field is expected to commence production activities in 2024. The field will be developed in stages to gradually increase its gas production capacity to reach around 2.2 billion standard cubic feet per day of selling gas in 2036.

Bloomberg news has previously reported that Saudi Aramco is the world’s most profitable company.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Five excavator technologies to improve projects
While technology has been enhancing excavator performance for more than a decade, end-user demand for certain features has accelerated in the past few years. ConExpo-Con/Agg talks to manufacturers about the innovations that provide typical construction companies with value for money
Test drive: Hyundai HL980A
Dan Gilkes takes a first drive of Hyundai Construction Equipment’s HL980A and gives Construction Europe an exclusive overview of his experience
Interview: Doosan Bobcat’s Gustavo Otero
Construction Europe’s Cat Jones meets the Doosan Bobcat president to discuss everything from new innovations to a new beginning for hundreds of Ukrainians
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA