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  1. Kuwait Oil Expansion Gets $1bn Japan Boost

    ...rkover rigs throughout its fields.” This is considerably more than the one-year high 28 active rigs shown in the Baker Hughes Rig Count for February. According to KOC’s annual reports, drilling and workover activity peaked in 2017-18 with 672 new wells drilled and over 1,500 workover operations. This ha...

    Volume: 65
    Issue: 13
    Published at Fri, 01 Apr 2022

  2. Eni Turns To North Africa In Gas Output Drive

    ...ODUCTION *NO NORTH AFRICA SPLIT AVAILABLE FOR 2021. ^EXCLUDING EGYPT. SOURCE: ENI, MEES. EGYPT GROWTH            Egypt has been instrumental to Eni’s tilt towards gas since the start-up of the 21.5tcf offshore Zohr field in late 2017. The field posted record 2.74bn cfd output last year, contributing 40...

    Volume: 65
    Issue: 13
    Published at Fri, 01 Apr 2022

  3. Qatar Snags Egypt Mediterranean Block As Relations Advance

    ...ismic-only commitment. Should Exxon and QE then move to a second two-year phase this comes with a commitment to drill three wells. CYPRUS CONNECTION              QE’s entry into North Marakia marks a growing partnership with Exxon in the Mediterranean following the April 2017 award of Cyprus’ of...

    Volume: 65
    Issue: 13
    Published at Fri, 01 Apr 2022

  4. Oman Oil Output Hits New Heights In Q1 As Revenues Soar

    ...st notably the 2017 start up and subsequent expansion of the BP-operated Khazzan tight gas development – Khazzan’s condensate capacity is around 60,000 b/d (MEES, 16 October 2020). Condensate production was restricted by Opec+ commitments between January 2017 and January 2020, but is now exempt fr...

    Volume: 65
    Issue: 13
    Published at Fri, 01 Apr 2022