[COSCO Shipping Wins the Bid for Saudi Aramco Offshore Oilfield Services Project] Recently, Chinese company COSCO Shipping and Special Transportation received a contract from Saudi Aramco to expand its Marion offshore facilities, further consolidating Beijing's economic role in the region. The company provides ship transportation services and is one of the largest companies in the world, providing two semi submersible vessels for transportation and installation services for the development of Marian facilities. This contract is related to the "support package one" of the $12 billion Marian crude oil incremental program, aimed at increasing the facility's oil production by 300000 barrels per day and increasing liquefied natural gas (LNG) production by 360000 barrels per day. This will result in an estimated oil production of 800000 barrels per day. The contract awarded to COSCO will support the construction of the new Marjan GOSP-4 platform, which can handle 470000 barrels of oil, 813000 barrels of liquefied natural gas and 750 million cubic feet of natural gas per day. Editor/Ma Xue
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