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Kurdish Hopes Of Autonomy In New Syria Unravel
...ants in Deir Ezzor. Prior to the 2011 civil war, Omar processed gas from fields operated by the Al-Furat Petroleum Company (AFPC), a consortium made up of the Syrian government, Shell, CNPC and India’s ONGC. AFPC’s largest field was Omar and Youssef Qablawi, CEO of the Syrian Petroleum Company (SPC), sa...
Volume: 68Issue: 23Published at Fri, 23 Jan 2026 -
Kuwait: Former PM Appointed New Crown Prince
...reign minister (2011-2019). He is the first crown prince to have been appointed after previously serving as prime minister, with the two positions having been joined until 2003. The separation of the posts of prime minister and crown prince has often been blamed for encouraging opposition MPs to ch...
Volume: 67Issue: 23Published at Fri, 07 Jun 2024 -
BP & Adnoc’s Landmark NewMed Deal: Testing the Water or Troubled Waters?
...e operated by US major Chevron. While Leviathan goes from strength to strength with plans to expand capacity from 1.2bn cfd to 2.1bn cfd set to be finalized by end-2023 and FLNG a leading option, Aphrodite has remained undeveloped since its 2011 discovery. That could change with Chevron (35%op), Sh...
Volume: 66Issue: 23Published at Fri, 09 Jun 2023 -
Egypt: Condensate Output Record As Gas Slumps
...erall output here, and that of key producer Apache in particular, has been on the slide. 2020 output was the lowest since 2011 with production falling further to an 11-year low of just 282,000 b/d for February. However production has risen in each of the past two months – it was 290,000 b/d for April – wh...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Libya’s NOC Plans Massive Upstream Opening
...drocarbons. With the dust barely settled from Libya’s third civil war since 2011 and last year’s devastating oil blockades (MEES, 25 September 2020), NOC is looking to kickstart a fresh wave of foreign investment to reach its ambitious goal of boosting output to 2.1mn b/d by 2025. There is room for op...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Opec Production Rises To 12-Month High As Tapering Begins
...anted an exemption as it seeks to reverse the damage inflicted in the persistent conflicts since the ousting of Muammar Gaddafi in 2011. Libya plans to boost production further this year (see p4), but recent history has shown that major production outages are an ever-present risk. Meanwhile all eyes ar...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Gulfsands Bullish On Syria Return As Key Russian Investor Consolidates Position
...0 B/D) *2020 TOTAL INCLUDES 1,100 BOE/D (6.6MN CFD) OF GAS. SOURCE: GULFSANDS, SYRIA REPORT, MEES. GULFSANDS BLOCK 26 IN SYRIA MODEST OUTLAY, MASSIVE UPSIDE With no ongoing income since declaring force majeure on its Syria assets in late 2011, Gulfsands is entirely re...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Algeria Looks To Reduce Reliance On Morocco Pipeline
...rocco and Spain, Medgaz was the more recent to start up in 2011. Capacity lags that of the 11.5bcm/y Maghreb–Europe Gas Pipeline (GME) which connects Algeria to Spain through Morocco. But Morocco is set to take ownership of its GME section next year. With the clock ticking the two countries have yet to...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
Qatar Signs Record-Breaking Deal For LNG Tankers
...mn t/y, which it reached in 2011 (MEES, 8 April 2011). Nakilat lists its current LNG fleet as comprising of 69 LNG tankers including 31 Q-Flex (210-217,000m³) and 14 Q-Max (263-266,000m³) tankers. These Qatari tankers are literally in a class of their own: almost all non-Qatari LNG tankers are of a re...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
Mena’s Poor Relations Turn To IMF To Weather The Covid-19 Storm
...START? Egypt’s tourism sector accounts for 6% of GDP, employs a tenth of the workforce and is a key source of foreign exchange (MEES, 20 March). And it had only just begun to get back on its feet following the 2011 Arab Spring and its ensuing instability. Tourism revenues hit a record high $13.03bn fo...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
Saudi Arabia Taps Foreign Reserves To Fund Overseas Investments
...BRUARY 2011 IN APRIL ($BN) SOURCE: SAMA, MEES....
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
Libya: Set For A Gas Boost In 2019?
...able than that of oil since the 2011 revolution, in some ways the picture has reversed over the past 18 months or so. Crude output steadily rose to reach 990,000 b/d in 2018 – and a six-year high of 1.26mn b/d in March – whilst gas production fell to 1.34bn cfd, down 25% from 2013’s record 1.79bn cfd ac...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Dubai’s Dragon Roars In To Egypt With BP Purchase
...timated $500mn for BP’s Gupco subsidiary, which manages the firm’s 12 concessions containing 45 fields in Egypt’s mature Gulf of Suez oil province. Output was 71,000 b/d for 2017-18, 11% of Egypt overall output, down from 72,500 b/d for 2016-17 and 78,000 b/d for 2011-12. Net output to BP is around 40...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Cyprus: Aphrodite Contract Agreed, 2020 FID?
...Cyprus looks to be finally on the path to the realm of gas producers. Nicosia has agreed to sweeten terms in return for a guarantee from Noble, Delek and Shell to develop the 2011 Aphrodite discovery. The Cyprus government and the partners at the country’s 4.2tcf Aphrodite gas field have ag...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Qatar Marks Embargo Anniversary With Exxon Tie-Up
...urces. The Golden Pass LNG import terminal (QP 70%, ExxonMobil 17.6%, ConocoPhillips 12.4%) in the US opened in 2011 with plans to import 15.6mn t/y of LNG from Qatar: but the “Shale Revolution” boosted US gas output to the extent that the partners began looking at turning it into an export facility (ME...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
ExxonMobil’s Rapidly-Expanding Mediterranean Presence
...bya. The firm drilled two dry wells here in 2009 and 2010. It had been considering further drilling but amid prolonged instability after the country’s 2011 revolution it quit the last of the blocks in 2012 (MEES, 9 July 2012). Exxon did go to the trouble of qualifying as an operator for Lebanon’s pl...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Tunisia Upstream: Strikes Over, Decline Continues, Hope Delayed To 2019
...donesia’s Medco is the third key player in southern Tunisia. It partners Eni and OMV at both the Borj el Khadra exploration permit and the adjoining Adam production concession, where output has slumped from 7,500 b/d in 2011 to an average of 2,800 b/d for both 2017 and Jan-April 2018. Medco also has 10...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Jordan Protests Victorious As Government Nixes Imf-Backed Tax Bill
...reign aid (MEES, 13 April)—the conflict in Syria has severely stunted Jordan’s growth. Jordan averaged 6.6%/year GDP growth from 2005 to 2011 versus 2.6% since, with 2016 and 2017 the lowest yet. The World Bank expects Jordan to average 2.4% growth in 2018 —only up marginally from 2017 (see chart). Fr...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
UAE Delays, Jordan Rethink Blur Mena Nuclear Vision
...ntractor Status Iran Bushehr-1 2011 1.0 1 3....
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Troubled Waters: GCC Internal Schisms In The Spotlight Again
...fers of assistance from other quarters. Turkey has pursued similar objectives to Qatar since the “Arab Spring” began in 2011, with both supporting Islamist groups across the region. It has moved rapidly to back Qatar, passing legislation on 7 June to permit the deployment of troops to the emirate in...
Volume: 60Issue: 23Published at Fri, 09 Jun 2017