Saudi Aramco awards Chinese firm $570 mln contract

12/07/2018 Argaam

 

Saudi Arabian Oil Co. (Saudi Aramco) has awarded China National Petroleum Corporation, the country’s biggest crude oil producer, a $569.35 million contract to build an 844-kilometer long pipeline for Saudi oil giant, Reuters has reported.

 

The Beijing-based firm’s subsidiary (namely China Petroleum Pipeline Engineering Co.) will carry out the project at Haradh field.

 

Project is due to be completed within 38 months.

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