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Kuwait Upstream Capacity Tops 3mn B/d
...pacity back up from 563,000 b/d in 2020 to 700,000 b/d (MEES, 26 July 2024), though capacity will remain below its 2017/18 peak of 760,000 b/d. Also in northern Kuwait, a boost came from heavy oil reserves, with KOC earlier this month stating that capacity here has hit 90,000 b/d from 75,000 b/d in 20...
Volume: 68Issue: 05Published at Fri, 31 Jan 2025 -
MBS-Trump Investment Pledge Boosts Aramco US LNG Investment Plans
...int venture with Shell. This operated three refineries with a combined crude processing capacity of 1.065mn b/d, but was split up in 2017 with Aramco ending up with a 100% stake in the 600,000 b/d Port Arthur refinery (MEES, 10 March 2017). The Port Arthur plant accounted for 115,000 b/d of Saudi cr...
Volume: 68Issue: 05Published at Fri, 31 Jan 2025 -
KRG: Genel Finalizing Taq Taq Exit
...6,000 b/d in 2015, but it suffered a catastrophic output collapse as geological challenges prompted huge reserve downgrades from 2017 (MEES, 31 March 2017). Output was below 5,000 b/d even prior to the 2023 closure of the KRG’s export pipeline, and Genel opted not to produce from it last year (MEES, 26 Ja...
Volume: 68Issue: 05Published at Fri, 31 Jan 2025