Saudi Aramco’s colossal spending plans to be led by upstream projects

Almost 60% of the Saudi giant’s envisaged capital expenditure in the short term is likely to focus on the upstream sector

Capex plans: Saudi Aramco chief executive Amin Nasser.
Capex plans: Saudi Aramco chief executive Amin Nasser.Photo: AFP/SCANPIX
Published 14 March 2023, 05:31Updated 14 March 2023, 16:32