Saudi Aramco plans to complete the expansion of its Shaybah oilfield by the end of May, in a move to maintain its total production capacity, a report said.
Shaybah’s production capacity will rise to one million barrels a day from 750,000 barrels, said the Bloomberg report, citing sources.
With this, Aramco will be able to maintain its capacity at 12 million barrels a day, the report quoted the sources.