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Jordan Plans Nine Block Upstream Offering
...sha is operated by Jordan’s tiny National Petroleum Company (NPC), after BP pulled out of the tight gas development in 2014 as the reservoir failed to live up to initial expectations (MEES, 26 September 2014). NPC also has a production sharing agreement (PSA) for East Safawi and is assessing the Hamza fi...
Volume: 64Issue: 15Published at Fri, 16 Apr 2021 -
Korea Crude Imports: Mideast Volumes Tumble To Multi-Year Lows
...*South Korean crude imports continue to tumble, slumping to 2.475mn b/d for 1Q 2021, the lowest quarterly total since 2Q 2014 as March imports also fell 14% month on month to 2.299mn b/d, marginally above November 2020’s seven-year low 2.294mn b/d. *Prospects for a swift rebound are lo...
Volume: 64Issue: 15Published at Fri, 16 Apr 2021