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Saudi Aramco to spend over $133bn on drilling

State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said."We will spend more than half a trillion Saudi Riyals on drilling activities over the next decade, in compliance with the goals and objectives of the ambitious Saudi Vision 2030," Mohammed Al-Qahtani, Aramcoís senior vice president for upstream, said in a statement.He was speaking at a graduation ceremony for the Saudi Arabian Drilling...




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