(EnergyAsia, May 16 2011, Monday) — Saudi Arabia is looking to increase the number of working oil rigs to fulfil its promise to raise long-term oil production capacity to 12.5 million b/d.After a meeting with oil service companies in late March, state-run oil giant Saudi Aramco has begun laying out plans to increase the country’s…
SAUDI ARABIA: Doubts remain over long-term plan to increase production
Posted on May 16, 2011 by EnergyAsia