1. Iraq’s Akkas & Mansuriya Fields: Back On Offer

    ...arded in 2011 to a consortium led by Turkey’s TPAO (22.5%op) alongside Korea’s Kogas (15%), and Kuwait Energy (since taken over by Hong Kong-listed UEG, 22.5%) and state-owned Oil Exploration Company (OEC 25%). Following IS’ ouster, disagreement on commercial terms with operator TPAO pushed Baghdad to ta...

    Volume: 66
    Issue: 13
    Published at Fri, 31 Mar 2023
  2. 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: 66
    Issue: 13
    Published at Fri, 31 Mar 2023