14 December 2017. Saudi Aramco has announced it will spend US$40 billion annually through 2027, a 25-percent increase on its previous ten-year investment program that was made public last year. The announcement is a surprise one, especially as pretty much everyone in the oil industry tries to rein in spending instead of boosting it, to maximize returns in the post-2014 oil world.

OILPRICE.COM

https://oilprice.com/Latest-Energy-News/World-News/Aramco-Announces-40-Billion-Investment-Program.html

At industryabout.com:

Saudi Arabia Industrial Map

 

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