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QatarEnergy Plots Pivotal Iraq Entry Amid Planned Transformation
...transform itself into a major global energy player. “Qatar Petroleum; 10 years from now you will not recognize it,” CEO Saad Sherida al-Kaabi told MEES in 2017 (MEES, 8 December 2017), and in the ensuing five years, the Qatari state energy giant has changed much more than just its name. Mr Ka...
Volume: 65Issue: 11Published at Fri, 11 Nov 2022 -
US Shale: Major Growth Planned, Indies Crimp Spending
...netheless opted in early 2017 for a second bite at Permian expansion with a $6bn purchase of more oil-focused acreage (MEES, 17 February 2017). The Permian is now central to Exxon’s global strategy. And key to Exxon’s Permian strategy is downstream integration: investment in petchems including with Sa...
Volume: 62Issue: 11Published at Fri, 15 Mar 2019 -
DNO Quits Oman After Drilling Flop
...DNO is pulling out from its final Omani assets, located in the offshore Block 8 (DNO 50%, South Korea’s LG 50%), as it prepares to exit the Sultanate. The Norwegian firm confirmed in its 2017 Annual Report released 15 March that it has written down its Block 8 reserves to zero and “plans to re...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
BP Stakes Out Key Role In Egypt’s Gas Renaissance – If The Price Is Right
...fore the end of April,” the statement said. WND FIELDS BP has aimed to save time and money at WND by taking advantage of Egypt’s existing infrastructure. It says that 2017 start-up will be possible by developing the Taurus and Libra fields subsea and tying them in offshore to the existing BG-op...
Volume: 58Issue: 11Published at Fri, 13 Mar 2015 -
Wintershall To Partner BP, Mubadala For North Africa Expansion
...ggane 19.5% Repsol, S’trach, Edison 285mn cfd 56mn cfd $585m 2017 Libya: NC193,195 100% n/a 30...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014