Two oil projects in Saudi Arabia face delays

Two projects designed to help raise Saudi Arabia

On Friday, Saipem, the Italian oilfield services group, said it expected Aramco to agree to an amended contract to develop the Manifa oilfield.

But even if that happened, the project was likely to be delayed by 12 to 18 months, Pietro Tali, the chief executive of the firm, told Reuters on the sidelines of an oil conference in Paris.