*Key Gulf oil producers are seeing upstream activity pick up pace as they advance multi-year multi-$bn plans to boost oil and gas output capacity.

*Saudi Aramco is rapidly advancing plans to boost crude production capacity by 1mn b/d to 13mn b/d by 2027 (MEES, 13 March 2020). The kingdom’s rig count, as monitored by Baker Hughes, is rising rapidly as a result. (CONTINUED - 589 WORDS)