1. Apache Resigned To Further Fall In Egypt Oil Output

    ...very measured.” With the firm’s Egypt capex and rig count already having fallen to the lowest in over a decade, further cuts are planned for 2021 with an average of just five rigs set to be active in Egypt versus a peak of 27 in 2013 and 2014 (see chart 2). This means output is all but gu...

    Volume: 64
    Issue: 09
    Published at Fri, 05 Mar 2021
  2. Repsol & Shell Leave Morocco; Repsol Quits Iraqi Kurdistan

    ...iting pending official ratification.” Repsol has since 2014 held 75% of Ghrab Offshore Sud, a deepwater ‘Atlantic margin’ block some 100km northwest of Rabat (state firm ONHYM has 25%) and further offshore from the firm’s 2009 'sub-commercial' Anchois discovery. The sole activity here in recent years ha...

    Volume: 64
    Issue: 09
    Published at Fri, 05 Mar 2021
  3. India LNG Imports Soar To Snag Top Spot For Qatar & Abu Dhabi

    ...tar remains well ahead in India, with a 39.5% market share for 2020. However, Qatar’s market share has fallen for each of the past seven years: the record 11.9mn tons Qatar supplied in 2014 gave it a market share of over 85%.   *But Qatar isn’t the only Mideast producer for which India is the ke...

    Volume: 64
    Issue: 09
    Published at Fri, 05 Mar 2021