Aramco Suspends 50% of Production

Shailaja A. Lakshmi
Sunday, September 15, 2019

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the company’s total output.

Saudi Aramco said the production of 5.7 million barrels of crude a day had been suspended after drone attacks on the world’s largest oil processing plant at Abqaiq – near Dammam in the Eastern Province – and the country’s second-largest oilfield at Khurais, about 200 kilometers away.

Earlier, the oil giant said that emergency crews contained fires at its plants.

After visiting the incident locations, Amin H. Nasser, Saudi Aramco President & CEO, said: “We are gratified that there were no injuries. I would like to thank all teams that responded timely to the incidents and brought the situation under control. Work is underway to restore production and a progress update will be provided in around 48 hours.”

The company, which pumped about 9.8 million barrels a day in August, will be able to keep customers supplied for several weeks by drawing on a global storage network.

The Saudis hold millions of barrels in tanks in the kingdom, and in Rotterdam in the Netherlands, Okinawa in Japan, and Sidi Kerir on the Mediterranean coast of Egypt.

Categories: People & Company News Energy Oil Production

Related Stories

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

KKB Unit to Deliver Offshore Structures for Shell’s Malaysian Fields

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

Eni Confirms Sapukala Deepwater Block Award in Indonesia

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Jadestone Energy Lifts Malaysia Production with Second Online Well

Current News

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Thailand-Malaysia Gas Pipeline Temporarily Shut Over Inspection Issue

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com