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Egypt’s Zohr Struggles With Water Breakthrough
...er the years proved the rule more than the exception for fields in Egypt’s Mediterranean deepwater. ‘Exhibit A’ in this regard is BP’s $9bn West Nile Delta project. By the time the ‘Phase 3’ Raven field came online in April output from Phases 1 and 2 – which only started up in 2017 and 2019 re...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Gulfsands Bullish On Syria Return As Key Russian Investor Consolidates Position
...nserving cash for potential Syria re-entry. Whilst Gulfsands says it has had no control over and received no revenue from its Syria assets since 2011, it was informed by Syrian state firm GPC that the Block 26 fields, having produced intermittently since 2014, “returned to regular production in January 2017...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021