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ExxonMobil Set To Exit Federal Iraq
...ant fields to reach full production capacity targets. Talks ultimately went nowhere. Iraq now aims to award a downsized 2.5mn b/d first phase to France’s Total (MEES, 2 April). The biggest controversy however was Exxon’s decision to sign up for six blocks in Iraqi Kurdistan in 2011, including as...
Volume: 64Issue: 16Published at Fri, 23 Apr 2021 -
Iraq Awards Mansuriya Gas Field To Sinopec
...arded have yet been finalized (MEES, 27 April 2018). Mansuriya development was originally awarded 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...
Volume: 64Issue: 16Published at Fri, 23 Apr 2021 -
Israel's Leviathan Hits Q1 Output Record As Expansion Plans Move Up The Agenda
...rtner Eiten Aizenberg who first identified the Leviathan prospect. Unable to go it alone, the firm convinced Noble and Delek to farm-in in 2008, before 2010’s wildcat drilling success (MEES, 10 January 2011). Ratio was one of the first private firms to enter Israel’s upstream following its li...
Volume: 64Issue: 16Published at Fri, 23 Apr 2021 -
Russian Warships To Escort Iranian Oil Tankers To Syria
...MAGE’ In January, Syria’s Prime Minister Hussein Arnous put production from government controlled territories at 20,000 b/d. Prior to the outbreak of the Syrian civil war in 2011, the government’s production across the country was 390,000 b/d (MEES, 22 January). Plans to grow production from fields Da...
Volume: 64Issue: 16Published at Fri, 23 Apr 2021 -
Egypt Gas Surplus At Highest Since 2011
...bdued. Latest figures from Jodi show that domestic consumption was 5.88bn cfd for February, up only fractionally year-on-year. *The result is a gas surplus that hit 1.17bn cfd for February, the highest figure since December 2011 (see chart). This has in turn enabled LNG exports that leapt to a 10...
Volume: 64Issue: 16Published at Fri, 23 Apr 2021