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U.S. McDermott gets Saudi Gas Field Contract-Aramco - ASHARQ AL-AWSAT English Archive
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RIYADH, (Reuters) – Saudi Arabia’s state oil firm Aramco said on Saturday it had awarded a contract for the Karan gas field to J.Ray McDermott, which is wholly-owned by U.S. engineering and construction firm McDermott International Inc.

Aramco did not give details of the value of the contracts.

Karan will produce 1.5 billion cubic feet per day and is key to meeting a growing gas shortage in the kingdom.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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