- Sort by:
- Score
- Published ▼
-
Qatar Signs Record-Breaking Deal For LNG Tankers
...ney to be able to do that,” Mr Kaabi told MEES in 2017 (MEES, 8 December 2017). This week’s agreements were with Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI), and Samsung Heavy Industries (SHI). QP says the three “will reserve a major portion of their LNG sh...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
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 -
ExxonMobil’s Rapidly-Expanding Mediterranean Presence
...7,000 b/d, just 16.5% of the total for 2017. US output has soared past MENA to account for 22.5% of the total. The share accounted for by North Africa and the Mediterranean remained steady. At zero that is. The firm’s only regional interests at the start of the decade were three deepwater blocks off Li...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Tunisia Upstream: Strikes Over, Decline Continues, Hope Delayed To 2019
...mand. Whilst output was slightly higher than the average figure for 2017 this was only ‘thanks’ to the massive series of strikes and sit-ins which crippled output last summer (MEES, 2 June 2017): output for 2017 as a whole, at 38,700 b/d was the lowest since 1966, Tunisia’s virgin year of oil pr...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Morocco Gas: Sound Plans
...s Maghreb-Europe line which connects Algeria with Spain via Morocco. Ownership of the Moroccan section is set to pass from Algeria to Morocco in 2021. Moroccan offtake from the route was 110mn cfd for 2017: the country’s sole gas imports, meeting 93% of consumption. This is the target market for Te...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Egypt Seeks Virtuous Output Circle: Reserves Up, Dues Down, More Output
...r gas at least, Eni’s August 2015 Zohr discovery was seen as a turning point. Zohr is slated to start producing before the end of 2017. And even before then gas output has turned the corner after bottoming out at 3.89bn cfd, a third below 2011 levels, in early 2016. The latest boost, to 4.91bn cfd in...
Volume: 60Issue: 23Published at Fri, 09 Jun 2017 -
UAE’s Dana Gas Looks To Move On From Sukuk Troubles
...ior to the new maturity date of 31 October 2017 (MEES, 21 December 2012). The company eased its debt worries during the first quarter by selling about half of its 3% stake in Hungary’s MOL for $135mn. This left the company with a cash balance of $342m at the end of the quarter. Dana says it is...
Volume: 56Issue: 23Published at Fri, 07 Jun 2013