Saudi Aramco CEO Amin Nasser told his firm’s Q2 earning call on 15 August that it is full steam ahead with the upstream megaprojects that are slated to add 1mn b/d to the country’s maximum sustainable crude oil production capacity (MSC) by 2027 as well as boost gas capacity by up to 70% by 2030.
“The capital program in the kingdom, the megaprojects…. We are progressing very well with our contractors…. There are no issues whatsoever in terms of the execution which is progressing very well,” he says. (CONTINUED - 1159 WORDS)