Energy
![Saudi Arabia’s E&P investments to reach $7 billion in 2025: Report](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/05/Saudi-Arabia-EP.jpg/w=1024,h=683)
By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure
![Saudi Arabia’s crude oil exports hit 9-month high, reaching 6.413 million bpd in March](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/05/Saudi-crude-oil.jpg/w=1024,h=683)
Data also showed that Saudi refineries' crude throughput fell in March by 0.115 million bpd to 2.560 million bpd
![Saudi Aramco expands Fadhili Gas Plant with $7.7 billion in EPC contracts](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/04/Aramco-1.webp/w=1024,h=683)
This expansion initiative aims to enhance the plant's processing capacity from 2.5 to a potential 4 bscfd
![Saudi Arabia’s ACWA Power inks $800 million deal with Senegal for desalination project](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/ACWA-Power-1.jpg/w=1024,h=683)
The plant, known as the Grande Côte seawater desalination plant, will have a capacity of 400,000 cubic meters per day
![Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/ADES-Egypt1-1.jpeg/w=1024,h=683)
For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion
![OPEC Secretary General: Oil industry calls for $11.1 trillion in investments by 2045](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/OPEC-1.jpeg/w=1024,h=683)