Khalid Al-Falih: new discoveries, new plansnote

Engineer Khalid Al-Falih took over from Abdullah Jumaa as Saudi Aramco’s President and Chief Executive Officer at the beginning of the year. His first days in office coincided with new gas and oil discoveries in the Eastern Province. The discoveries include five oil fields: Jawf-2, Ramthan-9, Nayashin-1, Jareed-101 and Khursaniya-114, and three gas fields: Arabiya-1, Rabib-1 and Hasba-16. The following 303-word report focuses on Al-Falih’s plans for these new discoveries. It also tells which major companies the Saudis think they are ready to develop the gas fields.