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Saudi Aramco to launch largest new field in June

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Saturday, 25 April 2009
PRODUCTION BOOST: Saudi Armaco plans to raise crude capacity to 12.5 million barrels per day by the end of teh year. (Getty Images)
PRODUCTION BOOST: Saudi Armaco plans to raise crude capacity to 12.5 million barrels per day by the end of teh year. (Getty Images)

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 $10bn 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)


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