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Another One Bites The Dust: Shell To Quit Tunisian Upstream
...bruary 2017), nor did state-power firm Steg’s chronic inability to pay Shell for gas produced. As of end-2018 debt-ridden Steg owed Shell some $230mn. With the current dire state of the country’s finances (see p10), it is unlikely matters have improved since. Shell has previously tried and failed to se...
Volume: 64Issue: 18Published at Fri, 07 May 2021 -
South Sudan Looks Beyond Total For Block B
...0,000 b/d, but in the first two months of 2017 average output was down 50% to less than 110,000 b/d. Amid continued fighting there is little prospect of bringing production back to the 2013 level, let alone further increasingly output. ...
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
Tunisia Gas Slump
...Saida field has been repeatedly closed by strikes and sit-ins in recent years. “The company's production has been significantly curtailed in the first quarter of 2017 as a result of the shut-in of the Chouech Es Saida field in Tunisia,” Serinus said in a 16 March press release, with the co...
Volume: 60Issue: 18Published at Fri, 05 May 2017