BAKU, Azerbaijan. November 27. Saudi Aramco reported delivering a total hydrocarbon production of 12.8 million barrels of oil equivalent per day (mmboed) during the third quarter of 2023, Trend reports.
Aramco's strategic vision extends further with the ongoing expansion of its Maximum Sustainable Capacity (MSC) to 13.0 million barrels per day (mmbpd) by 2027, the company stated in its latest financial report.
Meanwhile, according to Saudi Aramco, Marjan and Berri crude oil increments anticipated to be operational by 2025, are set to enhance production capacity by 300,000 b/d, and 250,000 b/d, respectively.
At the same time, Dammam Development Project is scheduled to contribute 25,000 b/d to crude oil production by 2024, and an additional 50,000 b/d by 2027.
Moreover, Zuluf crude oil increment is projected to process a substantial 600,000 mb/d of crude oil from the Zuluf field through a central facility by 2026, the company added.
In 3Q2023, Saudi Aramco's net income totaled $32.6 billion - down by 23 percent year-on-year ($42.4 billion in 3Q2022).
