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34 contracts awarded, boosting fields’ production capacity by 550,000 barrels per day of Arabian Crude Oil and 2.5 billion standard cubic feet a day of gas.
Agreements demonstrate Saudi Aramco‘s commitment to South Korea‘s energy security and development, cover ship building, engine manufacturing, refining, petrochmicals, as well as crude supply, sales, and storage.
The acquisition supports Saudi Aramco’s plan to increase the complexity and capacity of its refineries, as part of its long-term Downstream growth strategy.
The investment supports Saudi Aramco’s broader downstream growth strategy, as well as providing long term crude oil options and offtakes as part of our trading business.
The notes, if issued, will be admitted to the official list of the United Kingdom Listing Authority and admitted to trading on the London Stock Exchange’s Regulated Market.