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Aramco produces about 1.2 million barrels a day from Safaniya, the world’s largest offshore oil field
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MEED had previously reported that Aramco had selected the consortium of Larsen & Toubro and and Subsea7 for the three offshore jacket contracts
The plant is located adjacent to Motiva’s oil refining complex in Port Arthur, Texas
Three investment banks have started preparatory work on the exercise, according to media reports
Aramco has reportedly issued formal requests for proposals (RFPs) to international banks