Petroleum and its derivatives

The largest oil producing country

Saudi Arabia is the largest oil producing country

The Kingdom of Saudi Arabia is the largest oil producer in the world, as it produces daily 13.24% of the oil consumed worldwide, and the Kingdom of Saudi Arabia has the second largest reserves of natural oil in the world after Venezuela, and it has been estimated that the Kingdom of Saudi Arabia produces of oil amounting to 260 billion barrels of oil.

Ghawar oil field

The Ghawar oil field (in English: Al-Ghawār oil field) is one of the important discoveries that turned the Kingdom of Saudi Arabia into a leading country in oil production. This field was discovered in 1948 AD. This field entered into production in 1951 AD. From the Ghawar oil field that it is the largest oil field in the world, as it produced an amount of 55 billion barrels after 60 years of production, and Saudi officials also estimate that this field contains more than 120 billion barrels of oil reserves.

Safaniya oil field

The Safaniya oil field is one of the largest offshore oil fields in the world today. It is located 200 km north of Tehran in the Persian Gulf, specifically in the Kingdom of Saudi Arabia. This field contains 37 billion barrels of oil reserves. It was discovered in 1951 AD, so plans were proposed to build production facilities for the Safaniya field for the first time in 1954 AD, and this field began in April of 1957 AD to produce 50 thousand barrels of oil per day from 18 oil wells, and in 1962 AD the daily production was increased This field has an increase of seven times through 25 producing wells, and as for the production capacity of this field, it amounts to between one million and 1.5 million barrels of heavy crude oil per day, and this field is owned and operated by Saudi Aramco,[XNUMX] There are eight other giant oil fields in Saudi Arabia.

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