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Total Expands In Libya With Marathon Waha Purchase
...e more prosaic press release announcing the deal. Prior to 2011, Waha had production capacity of 360,000 b/d from a portfolio of fields and exploration acreage spread across Libya’s Sirte Basin oil heartland. Actual 2010 output was somewhat lower, at 280,000 b/d, netting Marathon and fellow 16...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
Apache Turns To Egypt For Bargain Barrels Amid Capex Cuts
...14 2013 2012 2011 2010 2009 ‘00...
Volume: 59Issue: 10Published at Fri, 11 Mar 2016 -
Dea Looks To Expand With $10Bn War Chest
...ainst Russia. London cited the example of the North Sea’s Rhum field – 50% owned by Iran’s NIOC – where production was halted by western sanctions on Iran in 2011. Mr Davey says that L1 will likely have to sell on the North Sea assets to a third party. The transaction had been in doubt since la...
Volume: 58Issue: 10Published at Fri, 06 Mar 2015 -
Oman Oil Corruption: Ministry Blames Individuals, Not System
...e country’s key downstream projects – the 116,000 b/d Sohar refinery and polypropylene plant commissioned in 2006, and related aromatics plant commissioned in 2010. All are now operated by the sultanate’s state-refiner Oman Refineries and Petroleum Industries Company (ORPIC), established in 2011. Th...
Volume: 57Issue: 10Published at Fri, 07 Mar 2014 -
Independents To Drive Oman’s 2013 Output Boost
...is year. But the MOG has for the first time admitted there is a very real possibility US firm Occidental (Oxy) will not be able to hit its initial target of 150,000 b/d from the Mukhaizna heavy oil field it operates in Block 53. Oxy originally planned to reach the target in 2011 (MEES, 15 No...
Volume: 56Issue: 10Published at Fri, 08 Mar 2013