LogIn LogOut

Aramco Suspends 50% of Production

September 15, 2019

Amin H. Nasser. Photo: Saudi Aramco
Amin H. Nasser. Photo: Saudi Aramco

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.



Current News

Pacific Radiance Eyeing New Loan Source

Pacific Radiance Eyeing New Loan Source

GlobalData: Gas to Dominate 2020 O&G FIDs

GlobalData: Gas to Dominate 2020 O&G FIDs

Permanent Deals for Monadelphous' Ichthys Workers

Permanent Deals for Monadelphous' Ichthys Workers

Bumi Armada Loses Woodside FPSO Case

Bumi Armada Loses Woodside FPSO Case

Chevron to Ditch Indonesian Deepwater Development Stake?

Chevron to Ditch Indonesian Deepwater Development Stake?

Keppel O&M Turns Profitable in 2019

Keppel O&M Turns Profitable in 2019

Aramco Sells LNG Cargo to S-Oil

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