Saudi defence ministry spokesman displays missiles allegedly used to attack an Aramco oil facility
Saudi Arabia in the firing line
The oil facility attacks highlight potentially fatal vulnerabilities in Saudi Arabia’s critical infrastructure
Oil prices retrenched as the prospect of a full-blown war with Iran—blamed by both Saudi Arabia and a sanctions expanding Trump administration in Washington for the c.25 armed drones and cruise missiles assault on the world’s largest oil stabilisation plant at Abqaiq and Khurais, the kingdom’s second-largest oilfield situated about 200km (124 miles) southwest of Abqaiq—receded. Some analysts hail Saudi Aramco’s ability to restore calm in the aftermath of the incident. “Despite the damaging attacks, it is remarkable how resilient the Saudi infrastructure is proving to be,” says Jan Kalicki, an energy security expert at the Wilson Center, a Washington-based thinktank. “About half is to be r
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
