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Aramco awards $1bn Hasbah gas contract

Saudi Aramco, the state oil giant, ┬áhas awarded a $1 billion-plus contract to India’s Larsen & Toubro (L&T) and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field, industry sources have said. Its supply of gas is a top priority for Saudi Arabia. Many industrial firms have complained about a shortage...