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Eni In Algeria: Looking For Growth
...Eni’s net Algeria output has steadily fallen since a peak in 2014, but recent moves by the Italian major look set to reverse this trend. The potential acquisition of sizeable BP assets would nearly double Eni’s net Algeria gas output. As many international oil companies have shunned Al...
Volume: 64Issue: 22Published at Fri, 04 Jun 2021 -
Libya’s Oil Revenues Surge
...nthly numbers of Libya’s crude oil production have been pretty much non-existent for the past six years. But with the arrival of a new unity government in March, which includes an oil minister for the first time since 2014, Libya has begun to submit monthly production stats to Opec. Official figures pu...
Volume: 64Issue: 22Published at Fri, 04 Jun 2021 -
Western Zagros Gets Green Light To Develop Kurdistan’s ‘Crown Jewels’
...rdamir partners had for years been seeking to secure approval from the KRG’s Ministry of Natural Resources (MNR) for a Kurdamir FDP, but progress proved frustratingly slow as the regional government struggled to deal with a series of crises. First came the advance of the so-called Islamic State in 2014, fo...
Volume: 64Issue: 22Published at Fri, 04 Jun 2021 -
Iraq Targets 22GW Peak Supply This Summer
...rporation (CMEC) is now nearing completion. CMEC restarted work on the site in mid-2018 after leaving the project when large swaths of the country’s western and northern provinces fell to ISIS in 2014. On 17 May, the first 630MW unit was inaugurated, with the second 630MW unit due to enter service by Ju...
Volume: 64Issue: 22Published at Fri, 04 Jun 2021