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Aramco Awards Three Seismic Contracts to China BGP, Riyadh Says

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Jan. 14 (Bloomberg) -- Saudi Arabian Oil Co., known as Aramco, awarded three contracts to China’s BGP Inc. to conduct a seismic survey to explore for hydrocarbons in the kingdom, Al-Riyadh reported, citing unidentified oil industry officials.

The seismic survey, which will cover an area from the southern Rub Al Khali desert to the border with Iraq, aims to raise the kingdom’s output capacity to 15 million barrels a day by 2020, the newspaper added.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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