Saudi Aramco has signed eight agreements valued at nearly US$4.5bn with several oil and gas service contractors for its ongoing projects. Three deals were inked with Técnicas Reunidas under the Gas Compression Program in the Southern Area, which will increase the gas production from the Haradh and Hawiyah fields for the next 20 years by bringing an additional 1 bcf/d (around 10.3 bcm/year). The Italian firm Snamprogetti (Saipem) will be in charge of the Hawiyah Gas Plant (HGP) expansion project. This project will provide additional gas processing facilities to process gas from the Hawiyah field; they are expected to come onstream by June 2021. Besides, Saudi Aramco has signed several pipeline engineering contracts, in particular with China Petroleum Pipelines Company and the UAE's National Petroleum Construction Company.
Saudi Aramco's projects are expected to help reduce Saudi Arabia's reliance on liquid fuels for power generation, enable increased liquids exports, provide feedstock to petrochemical industries, and reduce carbon emissions.
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