Saudi Arabia’s crude production rose to 8.98m bpd in September: JODI data

The Kingdom’s crude exports in September grew by 170,000 bpd to 5.75 million bpd, a 3.04 percent increase from August. Shutterstock
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Updated 16 November 2023
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Saudi Arabia’s crude production rose to 8.98m bpd in September: JODI data

RIYADH: Saudi Arabia’s crude production increased to 8.98 million barrels per day in September, a rise of 57,000 bpd or 0.67 percent compared to the previous month, according to data from the Joint Organizations Data Initiative. 

The report also indicated that the Kingdom’s crude exports in September grew by 170,000 bpd to 5.75 million bpd, a 3.04 percent increase from August. 

However, Saudi Arabia’s direct burn of crude oil decreased by 120,000 bpd in September to 606,000 bpd.  

In line with the decision by the Organization of the Petroleum Exporting Countries and its allies known as OPEC+, Saudi Arabia has maintained lower crude exports and production since April 2023. 

The Kingdom initiated a 500,000 bpd reduction in oil output in April, extended until December 2024. It also pledged an additional cut of 1 million bpd in July, which will continue until December 2023, as announced by the Ministry of Energy earlier this month.
Crude imports in China dropped by 1.3 million bpd in September, a 9.1 percent decline compared to the previous month. 

In the US, crude production witnessed a month-on-month decrease of 133,000 bpd in September to 12.92 million bpd, while crude exports from the US rose by 58,000 bpd to 4.2 million bpd.
The JODI report highlighted that global oil demand remained at a seasonal record high for a fifth consecutive month in September, increasing by 2.5 million bpd year on year, driven by strong consumption in China, India, the US and Saudi Arabia. 

In September, natural gas demand for the EU and the UK combined rose by 2.8 billion cubic meters month on month. 

Earlier this month, OPEC had nudged up its forecast for global oil demand growth in 2023 to 2.46 million bpd, up 20,000 bpd from the previous forecast, primarily driven by the lifting of pandemic-related lockdown restrictions in China.  

For 2024, OPEC expects oil demand to reach 2.25 million bpd.  


New Murabba seeks contractors for Mukaab Towers fit-outs: MEED

Updated 28 January 2026
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New Murabba seeks contractors for Mukaab Towers fit-outs: MEED

RIYADH: Saudi Arabia’s New Murabba Development Co., a wholly owned subsidiary of the Public Investment Fund, has issued a request for information to gauge the market for modular and offsite fit-out solutions for its flagship Mukaab development, MEED reported on Wednesday.

The RFI was released on Jan. 26, with submissions due by Feb. 11. NMDC has also scheduled a market engagement meeting during the first week of February to discuss potential solutions with prospective contractors.

Sources close to the project told MEED that NMDC is “seeking experienced suppliers and contractors to advise on the feasibility, constraints, and execution strategy for using non-load-bearing modular systems for the four corner towers framing the Mukaab structure.” The feedback gathered from these discussions will be incorporated into later design and procurement decisions.

The four towers — two residential (North and South) and two mixed-use (East and West) — are integral to the Mukaab’s architectural layout. Each tower is expected to rise approximately 375 meters and span over 80 stories. Key modular elements under consideration include bathroom pods, kitchen pods, dressing room modules, panelized steel partition systems, and other offsite-manufactured fit-out solutions.

Early works on the Mukaab were completed last year, with NMDC preparing to award the estimated $1 billion contract for the main raft works. This was highlighted in a presentation by NMDC’s chief project delivery officer on Sept. 9, 2025, during the Future Projects Forum in Riyadh.

Earlier this month, US-based Parsons Corp. was awarded a contract by NMDC to provide design and construction technical support. Parsons will act as the lead design consultant for infrastructure, delivering services covering public buildings, infrastructure, landscaping, and the public realm at New Murabba. The firm will also support the development of the project’s downtown experience, which spans 14 million sq. meters of residential, workplace, and entertainment space.

The Parsons contract follows NMDC’s October 2025 agreements with three other US-based engineering firms for design work across the development. New York-headquartered Kohn Pedersen Fox was appointed to lead early design for the first residential community, while Aecom and Jacobs were selected as lead design consultants for the Mukaab district.

In August 2025, NMDC signed a memorandum of understanding with Falcons Creative Group, another US-based firm, to develop the creative vision and immersive experiences for the Mukaab project. Meanwhile, Beijing-based China Harbour Engineering Co. completed the excavation works for the Mukaab, and UAE-headquartered HSSG Foundation Contracting executed the foundation works.