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Wintershall Exits Qatar Gas Block
...st. It comes as the German oil and gas company is struggling to maintain its output in Libya, where it produced up to 100,000 b/d of crude oil before the February 2011 revolution. Output has been erratic since and Wintershall has said that it does not see a return to pre-crisis production levels this ye...
Volume: 58Issue: 21Published at Fri, 22 May 2015 -
South Sudan: Remaining Oil Output Under Threat
...velopment (IGAD) going nowhere, and the crisis showing few signs of abating, the focus has once again turned to South Sudan’s oil fields, the country’s main revenue earner. Oil production is down from around 245,000 b/d pre-conflict, and 347,500 b/d in the second half of 2011, immediately after the So...
Volume: 58Issue: 21Published at Fri, 22 May 2015 -
Companies Scale Back Libya Expectations
...nce 2011 (MEES 24 April). The impairments “mainly related to the deteriorating security situation this quarter,” said Total’s chief financial officer, Patrick de la Chevardiere, in a conference call on 28 April. “We have fully impaired our onshore fields in Libya, which is most of the charge, as we...
Volume: 58Issue: 21Published at Fri, 22 May 2015