Saudi Aramco aims to launch 140 energy projects in 3 years

Saudi Aramco aims to launch 140 energy projects in 3 years

RIYADH: Saudi Aramco aims to launch 140 projects in various energy fields during the next three years, Al Arabiya reported citing the company’s director general of the marine and infrastructure projects department. 

Murad Al-Sayed said the registration mechanism will be presented to contractors interested in becoming a part of Aramco’s list of qualified contractors.

He said the IKTVA program aims to raise the local content in Aramco’s projects. It has so far contributed to raising the local content in the company’s different projects from 35 to 60 percent, he added.