1. Eni Looks To Neptune For Algeria Boost; Can It Get Past Mercury?

    ...ance that average 2024 Touat output will fall well short of the 400mn cfd target plateau figure. Neptune’s core assets were acquired in the $3.9bn purchase of the upstream assets of Engie (formerly Gaz de France, GdF) in 2017 (MEES, 19 May 2017). As part of the deal Engie retained 30% of Touat (ve...

    Volume: 66
    Issue: 26
    Published at Fri, 30 Jun 2023
  2. Mauritania: Shell Q4 Wildcat

    ...two years, indicating the potential for additional wells on its Mauritania acreage or elsewhere. Mauritanian officials say the well will target oil as well as gas, with Block C10 surrounding Mauritania’s to-date only commercial oil discovery, the Chinguetti field which produced from 2006 to 2017...

    Volume: 66
    Issue: 26
    Published at Fri, 30 Jun 2023
  3. Japan Crude Imports: Record Mideast Market Share

    ...untries supplied 96.3% of Japan’s crude and condensate imports, putting this year on track to top last year’s record figure of 94.1% (see chart).   *Saudi Arabia alone supplied 40.6%, up not only on 2022’s 38.0% but on the record 40.1% set in 2017, whilst the UAE’s 38.4% is also a re...

    Volume: 66
    Issue: 26
    Published at Fri, 30 Jun 2023