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Sonatrach Adds Equinor And Sinopec To MoU List
...vestment push (MEES, 7 February 2020). Equinor is also involved in exploration activities in Algeria at the country’s Timissit license on the border with Libya. The block, which is said to have both conventional and unconventional potential, was originally awarded in 2014 (MEES, 3 October 2014). Eq...
Volume: 64Issue: 20Published at Fri, 21 May 2021 -
Cepsa’s Upstream Shift Hampered By Algeria Output Slump
...e Adoc concession which it entered in 2014 (MEES, 14 November 2014) as well as the Sarb/Umm Lulu stake. But though Sarb/Umm Lulu did provide a boost to Cepsa’s net output for 2019, underlying decline in the rest of its upstream portfolio – southeast Asia, Latin America, and above all Algeria – me...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
UK Firm Gulfsands Vies To Outlast Syria Sanctions
...erated several of the region’s fields under a 2014 understanding. GPC reportedly produced around 17,000 b/d through 2017 as well, but due to EU sanctions on the state firm, Gulfsands does not receive a cent of revenue from its crown jewel asset. That the block’s fields and infrastructure escaped the wr...
Volume: 61Issue: 20Published at Fri, 18 May 2018 -
Morocco’s Samir: Rescue Bid
...rch 2014 before processing halted in August 2015....
Volume: 60Issue: 20Published at Fri, 19 May 2017 -
Saudi Gas Expansion Plans Progress With Tender Award
...oduce 1.7bn cfd sales gas. Wasit was initially planned to come online in 2014, but high sulfur levels at Hasbah and the Arabiyah field led to this slipping to 2016. Saipem’s firsthand experience of dealing with these issues had appeared to leave it well positioned, but it could have lost out on co...
Volume: 59Issue: 20Published at Fri, 20 May 2016 -
Dark Horse GS Energy Makes It To Adco Finish Line
...e 75-year concession in which Shell, Total, ExxonMobil and BP each had a 9.5% stake, expired in January 2014. It operates the integrated asset groups of Bab, Bu Hasa, South East (Sahil, Asab, Shah, Qusahwira, Mender) and the Northeast Bab (Al Dabb’iya, Rumaitha, Shanayel) cluster, accounting for ro...
Volume: 58Issue: 20Published at Fri, 15 May 2015 -
Total Sells 30% Of Morocco Retail Operation To Saudi Zahid Group
...sablanca exchange, which has seen a slowdown in the number of flotations since a flurry of activity in the 1990s and has been downgraded to a frontier market status rather than an emerging market. The Total Maroc offering will be the first in 2014 and the second since 2012, Reuters says. Beyond Mo...
Volume: 57Issue: 20Published at Fri, 16 May 2014