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Jafoura Gas Field
Overview
Development of Jafoura gas field in the Eastern Province, to process 2.2 billion standard cubic feet per day (SCFD) of sales gas at a total investment cost of over SAR 412 billion.
The field will produce about 418 million standard cubic feet per day (SCFD) of ethane, and 630,000 barrels per day of gas liquids and condensates required for the petrochemical industries. The dimensions of Jafoura field are estimated at 170 km long and 100 km wide, with gas resources estimated at 200 trillion cubic feet of raw gas. The field will be developed over phases and is expected to start production with 200 million standard cubic feet per day of natural gas by 2025, The output will increase gradually to reach about 2.2 billion SCFD in 2036. The field is expected to contribute around SAR 75 billion to the Kingdom’s GDP annually, and will generate an annual net income of SAR 32 billion.
Project Information
- Oil & Gas > Exploration & Production
- In February 2020, Saudi Aramco announced receiving regulatory approval for the development of Jafoura unconventional non-associated gas field.
- In Q4 2021, the comany awarded a SAR 37.5 billion EPC contract to domestic and international service companies for the development of subsurface and surface components of the Jafurah program. The field is expected to produce 200 million standard cubic feet per day (scfd) in 2025.
- On Nov. 29, 2021, the company announced that it signed an agreement with Hyundai Engineering and Construction Co., Ltd. worth $1.7 billion to establish facilities that process gas produced from the Jafurah field and sulfur extraction units as part of the project’s first phase.
- In Q2 2022, the company announced that it awarded National Petroleum Construction Company (NPCC) a $460.23 million contract for the Jafurah development program.
-
On October 23, 2023, the company signed a $2.4 billion contract with Hyundai Engineering and Construction Co., Ltd. to build a gas processing plant in the Jafurah field, as part of the second phase of the project
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On November 13, 2023, Red Sea International Co. announced that it signed a contract worth SAR 58.44 million with Mubarak Marei Al Saloumi Contracting Co. to construct prefabricated residential and supporting buildings under the second phase of the Jafurah unconventional gas field.
Owners
Related Parties
Project Developments
Electrical Industries’ subsidiary seals contract to supply transformers for SAR 125.8MArgaam26/03/2024
Aramco produces first unconventional tight gas at South GhawarArgaam14/11/2023
Red Sea International inks SAR 58 mln contract for residential buildings at Jafurah projectArgaam13/11/2023
Aramco, Hyundai sign $2.4 bln gas plant deal in JafurahArgaam24/10/2023
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