Saudi Aramco to invite bids for US$10 billion Manifa developments

Saudi Aramco is expected to invite companies in August to help develop Manifa oil field, with a potential production of 900,000 barrels of oil a day, sources familiar with the company’s plans said earlier this week.

Aramco, the world’s largest oil supplier, plans to invite prequalified companies to bid for an estimated US$3 billion worth of contracts on the company’s largest-ever offshore project.