Saudi Aramco Discovers New Gas Field
Saudi Arabia has discovered a new offshore gas field, Oil Minister Ali Naimi announced on 9 October. Two test wells have flowed at 10mn cfd and 5.2mn cfd respectively, he told the official Saudi Press Agency.
Saudi Aramco desperately needs to find more gas and NGLs to fuel surging domestic power demand and feedstock for its petrochemicals expansion. It is revisiting earlier discoveries once thought overly...