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Saudi giant oilfield to start in June

Riyadh, April 25, 2009

State oil giant Saudi Aramco will launch in June 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, Al-Hayat newspaper reported on Saturday.

"The Khurais oil project will open as scheduled in June," Al-Hayat newspaper quoted an unidentified source as saying.

The $10 billion Khurais project is one of the largest ever single additions to global oil production capacity and the largest integrated oilfield project taken on by Aramco to date.-Reuters




Tags: aramco | start | Khurais project |

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