ENERGY
<i> Times Staff and Wire Reports</i>
Parsons Receives Saudi Contract: The Pasadena-based company confirmed that it has signed a project management contract with Saudi Arabia’s Aramco oil company to oversee development of the country’s Shayba oil field. Parsons Corp. will handle design of roads and other infrastructure. The company will also prepare bid packages for such things as procurement, engineering and construction work on the $2.5-billion project. The value of the contract was not disclosed.
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