1. Upstream Investment: Is ‘More For Less’ The New Normal?

    ...E HIGHEST SINCE 2016   3: SAUDI ARABIA RIG COUNT: JANUARY’S OFFSHORE TOTAL OF 25 IS UP 7 YEAR-ON-YEAR AND JUST ONE OFF THE ALL-TIME HIGH SET IN APRIL 2015   4: MIDDLE EAST RIG COUNT SOARED IN 2011-14 WITH $100/B-PLUS CRUDE  AND HAS CONTINUED TO EDGE HIGHER SINCE SO...

    Volume: 62
    Issue: 07
    Published at Fri, 15 Feb 2019
  2. Iran Exports: Korea Restart Amid French Euro-Hope

    ...17 *TURKEY DEC FIGURE is ESTIMATE BASED ON SHIPPING DATA AND REUTERS REPORTS. ^^FRANCE, AUSTRIA INCLUDED IN 'OTHER EU' FOR 2011, 2012. SOURCE: NATIONAL IMPORT STATISTICS, REUTERS, BLOOMBERG, MEES....

    Volume: 62
    Issue: 07
    Published at Fri, 15 Feb 2019
  3. IOCs ‘Exclude’ Libya From 2019 Plans

    ...6mn b/d by end-2019 – a level last reached before the 2011 revolution (see chart 1) – and ultimately 2.1mn b/d by 2021. But the outlook remains bleak. The central bank and internationally-recognized government based in Tripoli have yet to agree a 2019 budget, whilst the key 315,000 b/d-capacity El Sh...

    Volume: 62
    Issue: 07
    Published at Fri, 15 Feb 2019
  4. Spain: Record Opec Crude…

    ...lumes hit a quarterly record of 823,000 b/d in Q4. Despite zero buying for the last two months of 2018, Iranian volumes, at 97,000 b/d, were their highest since 2011. Those from Iraq were also up at 94,000 b/d, boosting overall Gulf volumes to a 7-year high of 342,000 b/d (see p24 for chart and full da...

    Volume: 62
    Issue: 07
    Published at Fri, 15 Feb 2019