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Adnoc Partners With BPFor Transformative Israel Entry
...so holds a 30% stake at Cyprus’ 4.5tcf Aphrodite. Barely 30km apart and discovered within a year of each other, 2010 and 2011 respectively, the two fields are at very different states of development. Leviathan produced a record 1.103bn cfd last year, bringing in gross revenue of $2.5bn, while Ap...
Volume: 66Issue: 13Published at Fri, 31 Mar 2023 -
Record Libya Output Boosts TotalEnergies To Mena Record
...T’s underutilized processing facilities. OMAN: FUTURE SOURCE OF GROWTH? TotalEnergies’ gas portfolio took a big hit in the first half of the last decade through the ongoing conflicts in Yemen and Syria, which between them took out more than 600mn cfd of net gas output (see chart 3). In 2011, th...
Volume: 65Issue: 13Published at Fri, 01 Apr 2022 -
Hungary’s Mol - Mena Profile: No More Chasing Barrels
...scal and political stability,” Dr Gaso says. Certainly this stability is an enviable asset in comparison to Mol’s other Mena experiences. Its difficulties in Kurdistan are nothing in comparison to having had to pull out of Syria due to the civil war there and EU sanctions imposed in 2011 (MEES, 10 Oc...
Volume: 60Issue: 13Published at Fri, 31 Mar 2017 -
Aramco International Drive Gathers Pace With Mufti Appointment
...em. And we want to use this transformation to help facilitate a globally competitive Saudi energy sector and a sustainable and diversified expansion of the kingdom’s economy.” A statement posted on the company website in May 2011 said the strategic review involved detailed assessment of global and re...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
‘New Eni’ Reduces North African Exposure
...versification' Having recently sold much of its downstream and services business, Eni will increase the share of its capital expenditure (capex) devoted to the upstream from 48% in 2011 and 54% for 2012 to 61% by 2016. However the North Africa share of the upstream total will fall from 23% for 2012 to 17% for 20...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013