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  1. Egypt’s Liquidity Crisis Sends IOC Receivables Bill Soaring Towards $3bn

    ...yptian independent EKH also grew in 2023, rising 38% year on year to $46.5mn, the highest end year total since 2014. The firm produces around 50mn cfd from the Tao and Kamose shallow-water fields north of the Sinai peninsula. While these amounts are nowhere near those owed by the big three, they re...

    Volume: 66
    Issue: 16
    Published at Fri, 21 Apr 2023

  2. QatarEnergy’s Overseas Strategy Enters Pivotal Phase

    ...d MEES calculates that QatarEnergy’s net output last year was 13,235 boe/d (primarily oil). QatarEnergy also nets around 9,000 boe/d from the Shell-operated Parque das Conchas license in Brazil. It has been present at the development since 2014. There are also modest volumes of approximately 2,...

    Volume: 66
    Issue: 16
    Published at Fri, 21 Apr 2023

  3. Iraq’s New Karbala Refinery Set To Lighten Summer Fuel Import Bill

    ...finery is providing the first significant modern addition to Iraq’s delipidated refining fleet since at least the 1980s. Nine-years after its 2014 award to a consortium led by Korea’s Hyundai Engineering (MEES, 10 January 2014), the plant began commercial operations earlier this month (MEES, 7 Ap...

    Volume: 66
    Issue: 16
    Published at Fri, 21 Apr 2023