Middle East Economic Survey
Saudi Arabia Set For 1.55Mn B/D Capacity Surge
Saudi Arabia is working to bring on stream 1.55mn b/d of new oil production capacity in the next two months. The surge will come from three projects the 100,000 b/d Nuayyim increment, a 250,000 b/d expansion at the Shaybah field and 1.2mn b/d from Khurais, being touted as the single largest increment in oil industry history.
Nuayyim will be ready on Saturday, maybe Sunday, a source...