- Sort by:
- Score
- Published ▼
-
TotalEnergies MENA Portfolio: Building On Growth
...rgest IOC in the region in 2017 (MEES, 23 March 2018) and has consolidated its position in the years since. If anything, TotalEnergies is more committed than ever to this plan going forward; “I have one dream, which is to put TotalEnergies in each country of the Middle East,” CEO Patrick Pouyanné told th...
Volume: 69Issue: 07Published at Fri, 13 Feb 2026 -
Dana Eyes Egypt Cash For Bond Repayment
...tions, but these are all in early stages,” the firm says, adding that its end-2019 cash reserves of $425mn are in excess of the $397mn owed. Dana was engaged in a protracted legal dispute with its bondholders over its previous $700mn Sukuk in 2017, though its creditors ultimately accepted the re...
Volume: 63Issue: 07Published at Fri, 14 Feb 2020 -
Occidental Launches Renewed Mid-East Push, Targets 2021 Volumes
...e east of Block 62 with a small gap between them. There is then a continuous arc from Block 62 to Block 9, with blocks 27, 30 and 65 lying between them. Block 27 output is modest at around 5,000 b/d while the other two are recently acquired exploration blocks. Block 30 was awarded in 2017 under Om...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
Tethys Oman On The Up
...ocks. On a gross basis, that equates to 40,000-43,333 b/d. The current annual record is 2017’s 40,541 b/d which was also set in the first year of Opec+ production cuts. A new record for 2019 would at least fit a pattern. Tethys is not quite a pure-play Oman firm, with its Lithuanian assets ne...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
Eni Cyprus Discovery: ‘Good-Good-Good, Or Just Good’?
...ck to Zohr 80km to the southeast (see map, MEES 16 February). Zohr, the Mediterranean’s largest ever gas find, started up in December 2017; current output is 400mn cfd. Phase-2, slated to raise output to 2.9bn cfd next year, is intentionally being developed with sufficient spare capacity to allow th...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Majors Look To Permian For 2017 Rebound
...Majors are looking to keep capex tight in 2017. They hope that by focusing extra cash on the US Permian they will be able to boost output nonetheless. With cost inflation already gathering pace they will struggle to pull this off. The five supermajors plan collective capex spending of ju...
Volume: 60Issue: 07Published at Fri, 17 Feb 2017 -
Total Sees Expansion ‘Opportunities,’ But Not In Shale
...Total is setting aside $2bn for potential acquisitions in 2017. But these won’t be in the Permian. Building on a theme he explored in a recent MEES interview (MEES, 25 November 2016), Total CEO Patrick Pouyanné told his firm’s 9 February Q4 earnings call “US shale is too expensive for me...
Volume: 60Issue: 07Published at Fri, 17 Feb 2017 -
Abu Dhabi Plays High Stakes Oil Game
...noc) to help evaluate the Hail Dalmah and Ghasha fields in a program that will run until 2017. Houston-based Oxy will have a 30% stake in a joint venture with Adnoc to evaluate development prospects for the two fields by running 3D seismic surveys, drill appraisal wells and conduct engineering studies fo...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015