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Qatar Awards $6bn Contracts In Bid To Restore Al Shaheen Oil Capacity
...e blockade instituted against it in 2017 (MEES, 7 December 2018). Since then, Qatar has pursued an independent crude output policy. Back in 2020 when Opec+ producers made deep cuts Qatar continued supplying the market with its medium-sour crude, capitalizing on the price boost of Opec+ cuts wi...
Volume: 67Issue: 04Published at Fri, 02 Feb 2024 -
Oman Hits Record Gas And Condensate Output For 2023
...tput increases (see chart 1). The biggest gains came with the 2017 start-up and subsequent expansion of the huge Khazzan tight gas field on Block 61 (BP 40%op, OOC 30%, PTTEP 20%, Petronas 10%: MEES, 7 July 2023). Gas sector momentum shows signs of continuing into 2024, with international companies pu...
Volume: 67Issue: 04Published at Fri, 26 Jan 2024 -
Saudi Investment Primes DME For Regional Expansion
...ainst the DME Oman contract, but DME has long targeted Iraq’s Somo (MEES, 15 September 2017) and Saudi Arabia’s financial backing may tempt it to make the switch from Platts Oman. The partners have sought to emphasize that “ensuring the integrity of the DME Oman contract” is of the utmost priority an...
Volume: 67Issue: 04Published at Fri, 26 Jan 2024