1. Oman Oil Output Back Above 1mn B/D

    ...0,000 b/d for the first time in June 2020 it has stayed well above that mark ever since. Essentially, Oman is capitalizing on the December 2019 decision by Opec+ to bring the non-Opec cohort in line with Opec and exclude their condensate production from the cuts (MEES, 6 December 2019). Between January 2017...

    Volume: 65
    Issue: 04
    Published at Fri, 28 Jan 2022
  2. Iran Targets 3.5mn b/d Refining Capacity

    ...ocessing facilities at Assaluyeh. The facility was one of the key projects awarded after sanctions were lifted in 2016. A heads of agreement (HoA) for a $3bn deal to construct the facility was signed with Korea’s Hyundai Engineering and Construction, Daelim, and Japan’s Chiyoda in 2017, with estimated co...

    Volume: 65
    Issue: 04
    Published at Fri, 28 Jan 2022
  3. NEW EGPC CHAIRMAN

    ...Egypt’s Petroleum Minister Tarek El Molla this week appointed Alaa El Batal as the new Chairman of state oil firm Egyptian General Petroleum Corporation (EGPC). Mr Batal succeeds Abed Ezz El Regal, who is retiring having headed EGPC since March 2017. Mr Batal took up his duties on 26 January, ha...

    Volume: 65
    Issue: 04
    Published at Fri, 28 Jan 2022