Looking ahead: at Saudi Aramco
- Aramco soaring to new heights
- Russians awarded Saudi deal
- Saipem bags $1bn job bonanza
- Saipem lifts deals worth $1.3bn
- Foster Wheeler snares Manifa
- Billion-dollar deals for Saipem
- Duo snare Khurais prizes
- Shawcor has Saudi pipeline covered
- Khurais into higher gear
- Italians secure Khurais gas-oil separation job
- Saudis' capacity boost 'on track'
Aramco dishes up Khurais pipe gig
Saudi Arabian giant Saudi Aramco has handed Suedrohrbrau, a subsidiary of Dutch holding company Koop Group, a contract to build a pipeline for natural gas liquids from the Khurais oilfield.
Suedrohrbrau will build the 585 kilometre Shedgum-Yanbu pipeline, the last major contract for the Khurais development, which will add 1.2 million barrels per day to Saudi Arabia's oil output capacity from the middle of 2009.
Aramco did not disclose the contract's value.
Saudi Arabia aims to boost its total production capacity to 12.5 million bpd in 2009 from its current level of 11.3 million bpd as it prepares to meet growing global demand while maintaining spare capacity of at least 1.5 million bpd.
Khurais is Aramco's largest oilfield capacity boost.