Aramco To Spend $35bn On Stabilizing Oil Capacity
By Nick Wilson
To maintain output capacity at about 12.5mn b/d state-owned Saudi Aramco plans to spend around $35bn over the next five years. ‘’We are continuing to strengthen our oil business to meet the rising call on our oil production; in fact, we plan to invest $35bn over the next five years in crude oil exploration and development alone to keep our oil production portfolio...