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Iraq: China’s Jereh Inks Mansuriya Contract
...e firm’s exit amidst the Islamic State’s rise in 2014. A subsequent award to Sinopec in 2021 also failed over similar disagreements. The contract comes as Chinese firms are further expanding their footprint in the country (see p2). ...
Volume: 67Issue: 21Published at Fri, 24 May 2024 -
Neutral Zone Set To Close Again
...It was a brief run, but having started producing in February for the first time since 2014 the Khafji field is once again being shut-in. Located in the Neutral Zone (PNZ) where output is split 50:50 between Saudi Arabia and Kuwait, an agreement reached in late 2019 saw output restart, with th...
Volume: 63Issue: 21Published at Fri, 22 May 2020 -
Sipchem/Sahara Complete Merger
...mpanies first announced a plan to merge in December 2013, but shelved it after the 2014 collapse in crude oil prices undermined their business outlook (MEES, 26 August 2016). ...
Volume: 62Issue: 21Published at Fri, 24 May 2019