Riyadh – Mubasher: Saudi Aramco has revealed plans to invest more than SAR 500 billion ($133 billion) in gas drilling and oil business during the coming 10 years, a top Aramco official has said.
Speaking at the first graduation ceremony for Saudi Arabian Drilling Academy (SADA) in Abqaiq, senior vice president for upstream Mohammed Al-Qahtani said that potential operations were considered part of the Saudi Vision 2030.
Founded in September 2016, SADA offers training programmes for a variety of roles, from rigman and junior services operator to skilled engineers.
“The concept behind SADA is unprecedented, where companies that operate in a competitive market agree to cooperate in a win-win approach and join forces for the good of the industry,” Aramco’s CEO Amin Nasser said.
“The academy will play a great role in increasing the share of local content in the energy-related products and services,” Saudi Aramco said via Twitter.
