Recently, Saudi Aramco CEO Khalid Falich said that Saudi Aramco plans to its oil reserves increased by 20% or 160 billion barrels. This number will exceed the United States, Russia, Britain and Brazil, Chinese currently co owned oil reserves. Saudi Aramco will continue to seek new oil and gas resources in the territory. In addition, Saudi Aramco intends to build a comprehensive export oriented industry. The company said, to find a large number of additional oil and gas resources in the conventional and unconventional resources, to make the drilling speed than it is now increased by 50% and cut the cost of drilling.
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