1. Kufpec Eyes Portfolio Optimization After Exiting Norway & China

    ...cord 107,000 boe/d set in 2019 (see chart). Kufpec had previously aimed to reach 200,000 boe/d by 2020, but ultimately fell well short of this goal (MEES, 8 September 2017). NORWAY CLOSURE               Kufpec’s foray into Norway began in 2013 with the purchase of Norske AEDC, the Norwegian su...

    Volume: 67
    Issue: 02
    Published at Fri, 12 Jan 2024
  2. Iraq’s Oil Revenues Down 15% From 2022’s Record

    ...e country dropping by 105,000 b/d to 911,000 b/d according to data intelligence firm Kpler (see chart 2). This is the lowest annual figure since 2017’s 845,000 b/d. Exports to India dipped to 741,000 b/d in June 2023, some 530,000 b/d below their March 2022 peak of 1.27mn b/d. Volumes however re...

    Volume: 67
    Issue: 02
    Published at Fri, 12 Jan 2024