Over US$79.6 billion in CAPEX to be spent by Saudi Aramco over next four years

Published by Nicholas Woodroof, Deputy Editor
Oilfield Technology, Wednesday, 14 February 2018 08:30

Analysis of Saudi Arabia’s crude oil production shows that over US$79.6 billion in CAPEX would be spent by Saudi Aramco on oil projects over the next four years, to ensure that the country’s production remains around 11.2 million bpd in 2021.

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