NO. 16


Saudi Arabia

Saudi Aramco Awards Contracts for Hawiyah Area

The Saudi Arabian Oil Company (Saudi Aramco) at the end of December awardedtwo construction contracts relating to capacity expansion in the Hawiyah area ofthe Ghawar oilfield. The contracts, worth some $140mn, are part of SaudiArabia's plan to expand crude oil production capacity to 10mn b/d within thenext few years (MEES, 26 August 1991). The first contract for $50mn was awardedto AGAP Arabia, a...