Gulf Oil and Gas accountACCOUNT

Production News in Saudi Arabia

Saudi Cabinet Says Kingdom Ready to Use Spare Oil Capacity as Needed
7/3/2018 - Saudi Arabia’s cabinet affirmed the kingdom’s readiness to deploy its spare oil production capacity to maintain market balance and stability, a statement carried by state news agency SPA said. ...
Saudi Aramco CEO Says has 2 million barrels per day of Spare Capacity
6/25/2018 - Oil giant Saudi Aramco has spare capacity of 2 million barrels per day (bpd) and can meet additional oil demand in case of any interruption in supplies, the company head said on Monday, days after OPE...
Saudi Arabia Ready to Extend Oil Output Cut Deal
10/28/2017 - Crown Prince Mohammed bin Salman reiterated Saudi Arabia’s readiness to support the extension of a global oil production cut agreement. ...
Talks with Saudi Arabia on Al-Khafji Oil Field Proceeding
10/16/2017 - Minister of Oil, Electricity and Water Essam Al-Marzouq announced that discussions with Saudi authorities over Al-Khafji oil field are proceeding. 'There are simple matters that need to be thrashed ou...
Saudi Aramco's Manifa Oilfield Production Hit by Technical Issue
7/11/2017 - Output from Saudi Aramco's massive Manifa oilfield has been hit by a technical problem, the International Oil Daily reported, citing unnamed sources. ...
Saudi Aramco Examines Berri Oilfield Oil, Gas Expansion
2/2/2017 - State oil giant Saudi Aramco is considering expanding its oil and gas production from the Berri offshore oilfield, industry sources told Reuters. Aramco would over time add 250,000 barrels per day of ...
Saudi Aramco to Boost Gas Production at Hawiyah, Haradh
1/20/2017 - Saudi Aramco plans to boost gas production at its Hawiyah and Haradh plants to meet growing domestic energy needs, industry sources said. ...
Saudi Aramco to Continue Building Oil, Gas Capacity to Meet Demand
1/17/2017 - Saudi Aramco Chief Executive Amin Nasser said the state oil giant was working on building its oil and gas production capacity to meet future demand growth. ...
Saudi, Kuwait Expect to Restart Neutral Zone Oilfields Soon
12/5/2016 - Saudi Arabia and Kuwait are expected to agree this month to resume oil production from the jointly operated oilfields in the Neutral Zone that lies between both countries, industry sources told Reuter...
Saudis Could Raise Oil Output Again as Sparring with Iran Returns
11/4/2016 - Old disputes between Saudi Arabia and rival Iran resurfaced at a meeting of OPEC experts, with Riyadh saying it could raise oil output steeply to bring prices down if Tehran refuses to limit its suppl...
Offshore Production Nearly 30% of Global Crude Oil Output in 2015
10/25/2016 - Global offshore oil production (including lease condensate and hydrocarbon gas liquids) in 2015 was at the highest level since 2010, and accounted for nearly 30% of total global oil production. Offsho...
Saudis Offer Oil Cut for Opec Deal if Iran Freezes Output
9/23/2016 - Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discu...
Saudi Arabia Would Go Along with a Freeze if Oil Producers Agree One
9/6/2016 - Saudi Arabia said it would go along with a freeze in oil output if other producers agreed one but cautioned that Iran could foil any attempt to limit output. ...
Saudi Arabia will Maintain Responsible Oil Production Policy
8/31/2016 - Saudi Arabian energy minister Khalid al-Falih said the top crude exporter does not target a specific figure for its oil production which is set based on its customer's needs. ...
Saudi Energy Minister Tempers Expectations for Production Freeze
8/26/2016 - Saudi Arabian Energy Minister Khalid Al-Falih tempered expectations that the world's major oil producers would look to freeze production next month, telling Reuters that the "market is moving in the r...
Frames Awarded Contract for Wellsite Packages in Saudi Arabia
Frames Awarded Contract for Wellsite Packages in Saudi Arabia 6/23/2016 - Together with Al Suwaidi Heavy Industries, Frames was awarded a contract to supply several wellsite packages for the onshore Maintain Potential Program of Saudi Aramco. In continuation of Frames’ cont...
Saudis and Kuwait Struggle to Restart Khafji Oilfield
4/26/2016 - Kuwait and Saudi Arabia appear no closer to restarting their jointly operated Khafji oilfield, industry sources said, despite Kuwait saying the sides had agreed to ramp up output after an 18-month shu...
Saudi's Petrorabigh Starts Expanded Ethane Cracker
4/21/2016 - Saudi Arabia's PetroRabigh has started full operations at its expanded ethane cracker, it said. The expansion will increase ethane processing capacity from 95 million standard cubic feet per day (scfd...
Kuwait, Saudi Arabia to Resume Al Khafji Oil Field Operations
3/29/2016 - Kuwait has agreed with neighbour Saudi Arabia to resume oil production at the jointly operated Khafji field, the OPEC member state's acting oil minister said, weeks before oil producers are set to agr...
Saudi Aramco to Double Gas Production in 10 years
3/8/2016 - Saudi Aramco plans to nearly double its gas production to 23 billion standard cubic feet per day in the next decade, its chief executive said. ...

Camp Building Cleaning Equipment, Services Communication Corrosion Products/Services Development Exploration General Labor Services Land & Leasing Mine Clearance Oil & Gas Companies Production Service Companies Transportation, 4X4 Trucks Utility Systems Water Supply Services Welding Products/Services
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.