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New mega projects to be launched in Saudi Arabia
Custodian of the Two Holy Mosques King Salman arrived in the Eastern Province from Riyadh on Wednesday evening.
During the visit, the King will meet citizens and launch several mega development projects, including those of Saudi Aramco and Royal Commission for Jubail and Yanbu.
Saudi Aramco will launch several mega oil and gas projects during the visit of the King. These include increasing the production capacity of Manifa field, the fifth largest oil field in the world, located offshore in the Arabian Gulf.
The Manifa Arabian heavy crude program is part of the development of the Saudi oilfields, which are expected to see an increase in production to over 12.5 million barrels a day from 11 million bpd. The project involves the development of the Manifa offshore oilfield and the construction and expansion of a new processing infrastructure to handle an additional 900,000bpd of Arabian heavy crude oil.
