World: UPDATE 1-Saudi Aramco has emerged from attacks "stronger than ever" - CEO - PressFrom - US
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World UPDATE 1-Saudi Aramco has emerged from attacks "stronger than ever" - CEO

12:50  21 september  2019
12:50  21 september  2019 Source:   reuters.com

Saudi controls fire at Aramco facility in Abqaiq -Al Arabiya TV

Saudi controls fire at Aramco facility in Abqaiq -Al Arabiya TV A fire that broke out before dawn at a Saudi Aramco facility in the eastern city of Abqaiq has been brought under control, Saudi-owned Al Arabiya TV reported on Saturday, citing its own correspondent. © Provided by Thomson Reuters, LLCThe cause of the fire is unknown. There was no official confirmation of the Arabiya report, which gave no details but said Saudi authorities would later issue a statement. Aramco did not immediately respond to a request for comment. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

“ I think these attacks have been launched from the desert areas of Iraq’s southern city of Basra. It’s certain,” said Buloavali, an Iraqi-Kurdish political activist Saudi Energy minister Prince Abdulaziz bin Salman is seen during his visit to an Aramco oil facility one day after the attacks in Abqaiq, Saudi

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RIYADH, Sept 21 (Reuters) - Saudi Aramco has emerged from attacks on its oil facilities "stronger than ever", Chief Executive Amin Nasser told employees in a message, adding that full oil production would resume by the end of this month.

A damaged pipeline is seen at Saudi Aramco oil facility in Khurais, Saudi Arabia, September 20, 2019. REUTERS/Hamad l Mohammed© Thomson Reuters A damaged pipeline is seen at Saudi Aramco oil facility in Khurais, Saudi Arabia, September 20, 2019. REUTERS/Hamad l Mohammed

The Sept. 14 attacks on the Abqaiq and Khurais plants, some of the kingdom's biggest, caused raging fires and significant damage that halved the crude output of the world's top oil exporter, by shutting down 5.7 million barrels per day of production.

Yemeni rebel attacks pose danger to Saudi infrastructure

Yemeni rebel attacks pose danger to Saudi infrastructure Drone attacks launched by Yemeni rebels on Saudi oil facilities on Saturday have exposed the threat to critical infrastructure in the kingdom. 

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Individual companies that were especially aggressive about seeking new finds have been humbled. Besides being forced to cut its dividend And if oil stays above , or even hits in the coming months or years, Big Oil may well emerge from the recent lean years stronger than ever .

"The fires that were intended to destroy Saudi Aramco had an unintended consequence: they galvanized 70,000 of us around a mission to rebound quickly and confidently, and Saudi Aramco has come out of this incident stronger than ever," Nasser said in the internal message, on the occasion of the Saudi national day, to be celebrated on Sept. 23.

"Every second counts in moments like these, and had we not acted quickly to contain the fires and undertake rapid restoration efforts, the impact on the oil market and the global economy would have been far more devastating."

Six days after the assault, which hit at the heart of the Saudi energy industry and intensified a decades-long struggle with arch-rival Iran, the state oil giant Aramco invited reporters on Friday to observe the damage and the repair efforts.

Iran says U.S. bases and aircraft carriers within range of its missiles - Tasnim

Iran says U.S. bases and aircraft carriers within range of its missiles - Tasnim An Iranian Revolutionary Guards commander said on Sunday that U.S. bases and aircraft carriers in the region were within range of Iranian missiles after the U.S. accused Iran of leading attacks on Saudi oil plants, raising tensions in the Middle East. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Yemen's Iran-aligned Houthi group said it attacked two Saudi Aramco oil plants on Saturday at the heart of Saudi Arabia's oil industry, knocking out more than half the Kingdom's output. U.S.

The attacks on Saturday targeted Abqaiq, the site of the largest oil processing plant run by the Saudi state oil company , Aramco , and the Khurais oilfield. Iran has denied involvement in the air attacks , which were claimed by Iran-aligned Houthi rebels in Yemen. US Secretary of State Mike Pompeo

RIYADH: Saudi Arabia, the world's top oil exporter, is expected to restore Monday at least a third of the production lost to weekend attacks on two major oil The Energy Intelligence specialist newsletter cited industry sources as saying Aramco was "close to restoring as much as 40 percent" of the lost

Thousands of employees and contractors have been pulled from other projects to work around the clock to bring production back. Aramco is shipping equipment from the United States and Europe to rebuild the damaged facilities, Aramco officials told reporters.

Aramco already brought back part of the lost production and will return to pre-attacks level end of September, Nasser said.

"Not a single shipment to our international customers has been missed or cancelled as a result of the attacks, and we will continue to fulfil our mission of providing the energy the world needs," he said in the message, seen by Reuters.

Energy Minister Prince Abdulaziz bin Salman said on Tuesday that Saudi Arabia had used its reserves to maintain oil supply flows to customers abroad and inside the kingdom.

Yemen's Houthi group claimed responsibility for the attacks but a U.S. official said they originated from southwestern Iran. Tehran, which support the Houthis, has denied any involvement in the attacks.

Saudi Arabia says 18 drones and three missiles were fired at Abqaiq, the world's largest oil processing facility, while the Khurais facility was hit by four missiles.

No casualties were reported at either site even though thousands of workers and contractors work and live in the area. (Reporting by Rania El Gamal in Riyadh and Maher Chmaytelli in Dubai; Editing by Kevin Liffey)

Pentagon to send radar, Patriot missiles to bolster Saudi defenses .
The Pentagon said on Thursday it plans to send four radar systems, a battery of Patriot missiles and about two hundred support personnel to bolster Saudi Arabia's defenses after the largest-ever attack on the kingdom's oil facilities this month.The deployment details clarify the Pentagon's Friday announcement about U.S. plans to deploy more forces to Saudi Arabia after the Sept. 14 attack on the world's biggest crude oil processing facility, which Washington has blamed on Iran.

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