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KRG: Oryx Downgrade
...etaceous reservoirs.” Still, despite the reserves downgrade, 2019 saw Oryx’s most positive year yet in Kurdistan. Hawler is currently producing a record 14,500 b/d, having seemingly put previous geological woes behind it. Output stood at just 3,000 b/d in 2017, grew to 10,000 b/d by end 2018 (MEES, 15 Ma...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Aramco 100k B/D Upgrading Feed
...pacity Rabigh refinery on the Saudi Red Sea coast produced just over 100,000 b/d of fuel oil in 2016 and 2017. In a filing to the Saudi Stock Exchange (Tadawul) on 27 February, Petro Rabigh – which is owned 37.5% each by Aramco and Sumitomo with the remaining 25% of shares traded on Tadawul – in...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Kuwait Set For First LNG Imports Of The Year
...Sahla LNG tanker docked alongside it on 26 February, carrying Kuwait’s first LNG supplies of the year. Al Sahla had not unloaded by the time MEES went to press, so no imports will be registered for February. Final figures are not yet out, but imports last year will have exceeded 2017’s record 3....
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Mubadala Ties Up Thailand Contract
...und. It also operates the adjacent Andaman I, and has a non-operating stake at Andaman II. Mubadala reports current net output of 360,000 boe/d from its portfolio, up from 320,000 boe/d in 2017. The boost was largely due to its acquisition of 10% at Egypt’s Zohr in March 2018 (MEES, 20 April 2018). ...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
China LNG: Record January Imports; Record Qatar, Oman Volumes
...an, having only ever supplied six cargoes to China to Q3 2017, has now supplied 11 in the last three months: four in November, three in December and four (188,000 tons) in January. Korea is Oman’s top customer taking 360,000 tons (six cargoes) for January, in line with average 2018 deliveries (MEES, 18...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Chevron, Genel 2020 KRG Vision
....9%, Shamaran 20.1%, Marathon 15%, KRG 25%) in July 2017 (MEES, 14 July 2017). Momentum is again building in Kurdistan’s oil sector, and Chevron is not the only US Major eying production startup. ExxonMobil is developing the Baeshiqa license (DNO 32%op, ExxonMobil 32%, Turkish Energy Company 16%, KR...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019