Yemen’s Houthis say hit Saudi Arabia’s Shayba oil field
August 17, 2019
Middle East, Featured, Worldwide
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AL-RUB AL-KHALI, SAUDI ARABIA: (FILES) -- A general view shows 09 March 2004 the Shaybah mega-project, the first, and so far sole, oilfield development in Saudi Arabia's vast al-Rub al-Khali desert, some 800 kilometers (500 miles) southeast of the eastern oil center of Dhahran. World oil prices shot higher 01 June 2004 as fears of disruption to supplies from number one exporter Saudi Arabia intensified after insurgents killed 22 people in the kingdom over the weekend. The Shaybah mega-project, which sits on top of some 15 billion barrels of proven oil reserves, more than a drop in the ocean of Saudi Arabia's estimated total reserves of about 260 billion barrels, has been producing oil to the tune of 600,000 barrels per day (bpd) for less than a dollar a barrel. AFP PHOTO/Bilal QABALAN (Photo credit should read BILAL QABALAN/AFP/Getty Images)
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