The world's largest oil exporter, Saudi Aramco, will increase the output of light sour crude from two fields - Shaybah and Khurais - by 550,000 barrels per day (bpd) in 2016-2017, chief executive Khalid Al-Falih said on Sunday.
Saudi Arabia has started production from its giant Khurais oilfield, the largest ever single addition to global oil supplies, Saudi Aramco's top executive said in remarks broadcast on Wednesday.
"I am happy to report today that Khurais has
Saudi Arabia, the world's top oil exporter, will start production at its 1.2 million barrels per day (bdp) Khurais oilfield in a few weeks, state oil firm Aramco said on Friday.
Khurais is the largest of three oilfield projects that would
State oil giant Saudi Aramco said on Wednesday it had completed drilling on the largest new field in its plan to raise crude capacity to 12.5 million barrels per day (bpd) by the end of this year.
The $10 billion Khurais project is one of