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Egypt Drilling: Orion Flops As Shell Kicks Off Six-Well WDDM Campaign
...hr’s December 2017 start-up, Cairo is pushing Chevron to fast-track development at Nargis in a bid to engineer a rebound (MEES, 19 January). But with Chevron yet to file a development plan, first gas here is unlikely before 2026. As such any near-term gains to Egypt’s overall output will be reliant on cu...
Volume: 67Issue: 11Published at Fri, 15 Mar 2024 -
Iran Awards Key $20bn South Pars Gas Contracts
...ded in 2017 following extensive reservoir studies to determine the optimal development rate. Iranian media has frequently carried concerns that rapid development of Qatar’s portion of the field could result in migration of gas across the boundary. Iran’s planned program is intended to reverse fa...
Volume: 67Issue: 11Published at Fri, 15 Mar 2024 -
Kuwait’s Pivot To Products Exports Yields Revenue Boost
...2024, that would be the lowest level since 2003. Meanwhile refined products exports have averaged around 850,000 b/d so far this year, putting Kuwait on track to smash 2012’s record 805,000 b/d. Crucially, having shuttered the aging Shuaiba refinery in 2017 and completed the $15.6bn Clean Fu...
Volume: 67Issue: 11Published at Fri, 15 Mar 2024