INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Two new unconventional nonconventional gas fields discovered in Saudi Arabia

The row over the Dorra field stretches back to the 1960s, when Iran and Kuwait each awarded an offshore concession. (AFP File)
  • The Awtad unconventional nonconventional gas field has been discovered southwest of Ghawar field, 142 km southwest of Al-Hofuf, says Saudi minister
  • Prince Abdulaziz bin Salman adds that the importance of these discoveries lies in increasing the Kingdom’s natural gas reserves

Riyadh, Saudi Arabia – Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz has announced that Saudi Aramco has discovered two new nonconventional unconventional natural gas fields in the eastern region.

He said that Awtad unconventional nonconventional gas field has been discovered southwest of Ghawar field, 142 km southwest of Al-Hofuf.

Gas flowed from Awtad-108001 well at a rate of 10 million standard cubic feet daily, along with a daily 740 barrels of condensate, and from Awtad-100921 well at a rate of 16.9 million standard cubic feet daily, along with a daily 165 barrels of condensate.

He added that AlDahna unconventional nonconventional gas field has also been discovered 230 km southwest of Dhahran. Gas flowed from AlDahna–4 well4 at a rate of 8.1 million standard cubic feet daily, and from AlDahna-370100 well at a rate of 17.5 million standard cubic feet daily, along with a daily 362 barrels of condensate.

Prince Abdulaziz said that the importance of these discoveries lies in increasing the Kingdom’s natural gas reserves, which would in turn support the Kingdom’s strategies and help realize the objectives of the Liquid Fuel Displacement Program.

He added that the discoveries underline the wealth of natural resources the Kingdom has at its disposal.