Saudi Aramco Inks $2.4 Billion Natural Gas Plant Deal With Hyundai ...Middle East

Saudi Aramco has sealed a deal with South Korean Hyundai Engineering & Construction and Hyundai Engineering for the construction of a $2.4-billion gas processing plant. The investment will be focused on the second phase of the facility. The two South Korean companies are already working on the first phase after they won the contract for that in 2021. The plant will be built at the Jafurah field, which, according to Reuters, is Saudi Arabia’s largest non-oil associated gas field. Its reserves are estimated at some 200 trillion cubic feet.…

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