Sinopec Service Corporation (SSC), China announced in a statement that it has signed a partnership agreement with Saudi Aramco for the unconventional gas walking rigs for Jafaurah Gas Field Project.
With an estimated 200 trillion standard cubic feet of gas in place, the Jafurah basin hosts the largest liquid-rich shale gas play in the Middle East.
This shale play covers an area measuring 17,000 square kilometers and production of natural gas at Jafurah is expected to ramp up from 200 million standard cubic feet per day (scfd) in 2025 to reach a sustainable gas rate of two billion scfd of sales gas by 2030, with 418 million scfd of ethane and around 630,000 barrels per day of gas liquids and condensates, which are essential feedstock for the growing petrochemical industry.
The agreement is a part of efforts contributing to the energy transition for Saudi Vision 2030, and also facilitates the further development of SSC in unconventional drilling projects in the Saudi market, statement mentioned.
Related: Saudi Aramco awards $10bn contracts for Jafurah field development
