A scramble for gas in Saudi Arabia’s Empty Quarter has turned into an exercise in futility.
Four teams of foreign partners have failed to make any major discoveries after five years of drilling, leaving Saudi Aramco, the state-owned company, to find and develop other fields across the kingdom.
After four consortiums of international partners have drilled 22 wells, only one team, from the Russian giant Lukoil, said it made a commercial-scale discovery but it remains unclear how significant the find is.
No comments:
Post a Comment