1. Key Middle East Producers Ease Off Drilling Going Into 2018

    ...Last year saw record low global oil and gas discoveries. The 2018 picture looks similar, despite a nascent major return to deepwater drilling. The Middle East, a bright spot in the downturn, kept drilling at near-record levels in 2017, but dwindling cash reserves mean activity has eased. Th...

    Volume: 61
    Issue: 02
    Published at Fri, 12 Jan 2018
  2. Egypt Hopes To Restart LNG Exports By 2020: Where Will The Gas Come From?

    ...e end of 2017 according to local daily Al-Borsa. This comes after state-oil firm EGPC was forced to pay some $480mn towards the bill, costs that were originally to have been covered by LNG exports. But MEES understands Shell is far from happy with the Egyptian authorities as it has failed to fo...

    Volume: 60
    Issue: 02
    Published at Fri, 13 Jan 2017