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Oman’s New Energy Minister: Bumper Revenues, Longer-Term Challenges
...oofing the energy sector and broader economy. For Oman, gas is key to this ambition with the 2017 start-up of the Khazzan tight gas play unlocking a bonanza of increased production and development plans (MEES, 12 April 2019). Gas has long been touted as a ‘transition fuel’ and Oman is debottlenecking it...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Kuwait Set For Virgin Offshore Well
...ng-delayed offshore exploration drilling program will be a major development for the emirate. Upstream activity outside of the PNZ is conducted by state firm Kuwait Oil Company (KOC), but capacity has dropped from 3.15mn b/d in 2017/18 to just 2.63mn b/d for 2020/21. KOC aims to increase this to 3....
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Qatar Brings Major Players Into LNG Expansion
...pansion in 2017 (MEES, 7 July 2017). QatarEnergy has been able to leverage the huge interest in its LNG expansion project into progressing its overseas ambitions. TotalEnergies and ExxonMobil have received stakes equivalent to 6.25% (2mn t/y) as befits their status as the largest LNG players of the qu...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
KRG Hands Baghdad Oil Sector Counter-Proposal
...om the Federal Court of Canada over 700,000 barrels in June 2017. In both cases, the KRG successfully re-routed the cargos elsewhere to avoid their seizure. Crucially, Iraq and Turkey are still party to lengthy arbitration over the KRG’s utilization of the pipeline to Ceyhan for exports. The le...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022 -
Qatar Gas Exports Surge To Five Year High
...Qatari gas exports bounced back to five-year highs in April as seasonal maintenance work on LNG facilities was completed. Exports jumped above 16bn cfd in April for the first time since January 2019, and hit their highest level since June 2017 according to the latest figures from Jodi, pr...
Volume: 65Issue: 25Published at Fri, 24 Jun 2022