An offshore platform takes shape in Saudi Arabia’s Karan gas field. State oil giant Saudi Arabian Oil Co (Aramco) plans to drill seven gas exploration wells in deep and shallow water in the Red Sea, off the coast of the north-western city of Tabuk, the firm’s chief executive Khalid al-Falih has said. The province has given indications that it is full of hydrocarbon wealth, al-Falih said, according to Saudi Press Agency. Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013, Oil Minister Ali Naimi said in comments reported yesterday in local media. “The Midyan field will be developed in 2013 and it would start production within a short period. It would boost electric power plants run by gas instead of diesel, and both electricity and gas would reach industrial zones,” he said in the northern city of Tabuk, Saudi Gazette reported.
