Saudi Arabia: Saudi Aramco’s unconventional gas
Issue 1061
- 08 Jun 2018
| 1 minute read
Saudi Aramco continues efforts to improve the efficiency of its operations ahead of its planned, but slow-moving, stock market listing. On 27 May, it signed an unconventional gas stimulation services contract with US firm Halliburton. This is part of Aramco’s plans to develop unconventional gas resources in the north of the country, South Ghawar and the Rub Al-Khali areas to serve the domestic market and contribute to regional economic development. It will involve major hydraulic fracturing and well intervention operations from Halliburton. Work is due to begin this month.
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