Aramco Speeds Up Manifa Oil Field Project to Feed Refineries
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Saudi Aramco, the world’s largest oil exporter, is accelerating by a decade plans to boost production capacity at its Manifa oil field development to pump the heavy crude needed to feed three planned refineries.
The state oil producer of Saudi Arabia plans to raise production capacity at Manifa, located in shallow water in the Persian Gulf, to its maximum level of 900,000 barrels a day by 2014, Aramco said today in its 2010 annual review. The target date for the field is 10 years ahead of the schedule laid out in its annual report last year.