Aramco claims fires at plants under control following shock drone attacks

Drone attacks on two Saudi Aramco factories in Abqaiq and Khurais provinces on Saturday sparked fires that the state oil company brought under control, the Saudi interior ministry spokesman said without identifying the source of the drones.

The precise targets and the extent of possible damage were unclear. Aramco did not immediately respond to a request for comment.

Abqaiq, 60 km (37 miles) southwest of Dhahran in Saudi Arabia’s Eastern Province, contains the world’s largest oil processing plant. Khurais, 190 km further southwest, contains the country’s second largest oilfield.

Tensions are running high in the region after attacks in June and July on oil tankers in Gulf waters that Riyadh and Washington blamed on Iran. Tehran denies the accusations.

Iran-aligned Houthi fighters in Yemen have also launched attacks over the border, hitting Shaybah oilfield with drones last month and two oil pumping stations in May. Both attacks caused fires but did not disrupt production.

Security forces foiled an al Qaeda attack on Abqaiq in 2006.

Aramco is preparing to float shares as early as this year as part of efforts to diversify the economy of the world’s top oil exporter away from crude. It has hired nine banks as joint global coordinators to lead the IPO and has been meeting bankers this week in Dubai as it speeds up the listing plans.

Source: Reuters

 

The Liberum

Vox Populi, Vox Dei
See full bio >
The Liberum runs on your donation. Fight with us for a free society.
Donation Form (#6)

More articles you might like

Standing on the shoulders of… an extinct species!

I just watched a rather disturbing YouTube video claiming that American and other Western servicemen […]

The Future of the Abraham Accords in Donald Trump’s second term

The Abraham Accords (2020) marked a strategic shift in Middle Eastern diplomacy by establishing formal […]

Who saves the new Syrian President Ahmad al Sharaa?

Iran emerged from its eight-year war with Iraq (1980-1988) battered: its economy in shambles, no […]
- by Arthur Blok on 20/01/2025

Biden mumbles and stumbles farewell while Trump gears up for his second term in office

The world can breathe a sigh of relief. Donald Trump returns to the White House […]

The new Middle East starts in Beirut

In his address to the United Nations (2023), Israeli Prime Minister Benjamin Netanyahu unveiled the […]

What's the future of electric vehicles in the Middle East?

Unlike China, Europe, and the United States, the Middle East's electric vehicle (EV) market, including […]