Nishant Ugal
Middle East and South Asia editor at Upstream
Opinion

Will Aramco expansion pause put the squeeze on Middle East oil megaprojects?

Key Opec members such as UAE and Kuwait, which also plan to increase spare capacity, could take a more conservative view following the Saudi decision

Taking the long view: A worker looks over a Saudi Aramco facility. The Saudi company has decided to pause its plans for a major production capacity expansion.
Taking the long view: A worker looks over a Saudi Aramco facility. The Saudi company has decided to pause its plans for a major production capacity expansion.Photo: ARAMCO/AFP/SCANPIX
Saudi ArabiaSaudi AramcoIraqKuwaitUAE
Published 1 February 2024, 08:59Updated 20 February 2024, 09:15