Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Saudi Arabian Oil Co. plans to expand pumping capacity up to 15 million bpd of oil, as needed by the market, and to explore and develop new fields over the next five years. To support this effort, the company will invest $129 billion, according to Saudi Oil Minister Ali Naimi. The company will bring one new field online and increase output from two others by the end of 2008.
Khursaniyah Field will come onstream next month with the potential to add 500,000 bpd of oil. Increased production at Nuayyim and Shaybah oil fields will add up to 350,000 bopd to that potential flow, also by year’s end. The recently developed Nuayyim Field will reach 100,000 bopd of output, while Shaybah Field output will expand to 750,000 bopd from its present 500,000 bopd flow. This new production will offset reduced production from other OPEC nations.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Wichita Falls, TX - April 22-23
Bucharest - April 28-30
Houston, TX - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.