New ptj Issue 3-2019
Digitalization in the Pipeline Industry
The new PALIMEX®-880/-855
The two-tape system reliably protects your pipeline – and saves your budget.
Operations & Integrity Management and Compliance in an age of IIOT
Steve Hill >>> Honeywell Process Automation Solutions
New Technologies Drive Operational Performance by Connecting Smart Stations to Distribution Networks
Rossella Mimmi >>> Emerson Automation Solutions
Intelligent Predictive Maintenance in the context of Maintenance 4.0 for Oil & Gas Industry
Dr. Rama Srinivasan Velmurugan >>> GAIL (India)
Digital disruption will occur in Midstream as it is underway in other asset intensive industries
Sam Hemeda >>> Arundo Analytics
The Big Data Revolution: Detecting Pipeline Leaks, Encroachments and more Using Satellites
John Zhou & Caroline Beck >>> Satelytics
Best Practices for Cybersecurity Diagnosis in Industrial Environments
Ernesto Landa >>> Compania Operadora de Gas del Amazonas

Suspected drone attacks knocked out half of Saudi Arabia's oil production

Khurais oil plant (copyright by Saudi Aramco)

The recent drone attacks on Saudi Aramco facilities in Abqaiq and Khurais have caused the loss of 5.7 million barrel oil per day. Houthi rebels claimed responsability while Saudi Arabia and the US are investigating who caused the damage.

Target of the attack were the world's largest petroleum-processing facility and a oil field nearby, both are operated by Saudi Arabia's biggest oil company Aramco. According to Saudi Aramco the situation at the sites is under control and work to restore production has began. It will take weeks to repair the extensive damage and to restore the facilities back to full capacity. The attacked facilities account for 50% of Saudi Arabis's daily oil output which in turn are 5% of the daily global oil production.

The Saudi Arabian Energy Minister Prince Abdulaziz bin Salman asured that the shortages in production will be made up by tapping huge oil storages. Estimates says that Saudi Arabia has around 188 million barrels of oil in reserve.

The incidend is capable of setting the already unstable region in further crisis since the tensions between Iran and the US already led to a series of escalations.

Add new comment

Subscription

Subscribe for free in order to get the next issue of Pipeline Technology Journal and the bi-weekly ptj Newsletter directly into your mailbox. You could unsubscribe at any time if you wish.

Subscribe to Newsletter

Contact

Admir Celovic
E-mail: ptj@eitep.de
Phone: : +49 (0)511 90 99 2-20



Contact Page
Go to top