Saudi Aramco seeks gas field contractors.
Saudi Aramco has invited contractors to bid for offshore work at
its non- associated gas fields feeding Wasit, the biggest gas plant
built in the Kingdom, industry sources said. Wasit would process up to
2.5 billion cubic feet per day (cfd) of gas from the Arabiyah and Hasbah
offshore fields. The deadline for bids is Nov. 7, a source told the
press adding work would involve building pipelines and platforms at
Arabiyah and Hasbah. Aramco invited contractors to bid for the onshore
packages last month. After completing a crude oil capacity expansion
plan last year, the world's top oil exporter has focused on
developing gas production to meet rapidly rising domestic demand. Aramco
has given no cost estimate for the Wasit plant, but industry sources
said it would cost between $6 billion and $8 billion. Most of the
Kingdom's gas output is associated with oil, so when Saudi Arabia curbs crude output in line with OPEC production curbs, it limits gas
supplies too. Last year, Aramco's non-associated gas output
exceeded for the first time associated gas output, its 2009 annual
review said. Wasit, along with the Khursaniyah and Karan gas plants,
would help Saudi Arabia to reach its target of increasing raw gas
production to 15.5 billion cfd by 2015 from 10.2 billion cfd now.
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