Business

Saudi Arabia announces discovery of new oil, gas fields

IANS

Saudi Energy Minister Abdulaziz bin Salman Al Saud announced the discovery of two oil and gas fields in the Kingdom.

The two fields, Hadat Al-Hajrah gas field in the Al-Jawf region and Abraq Al-Talul oil field in the northern border region, were discovered by the Saudi Arabian Oil Company (Saudi Aramco), reports Xinhua news agency. The company will work on assessing the quantities of oil, gas and condensate in the two fields, as well as digging more wells to determine their area and size, the Minister said.

Saudi Aramco is the world's most valuable company and pumps more oil on a daily basis than any other producer.

Enjoyed reading The Bridge Chronicle?
Your support motivates us to do better. Follow us on Facebook, Instagram and Twitter to stay updated with the latest stories.
You can also read on the go with our Android and iOS mobile app.

Pune Weekend Guide: Ideas To Unleash Your Creativity and Beat Stress

Looking for Networking Opportunities in Pune? Here's Where to Find Them

How to Stay Safe from Heat Stroke as Pune Grapples with Rising Temperatures?

Pune at a Quadrangle fight this Lok Sabha Elections with Parties falling into segments.

Artie’s Festival Returned to Pune: Finest Chamber Music Artists Performed in City

SCROLL FOR NEXT