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Tethys Oil Expands In Oman With Extra Southern Block
...,000 b/d Blocks 3&4. Athens-based CCED holds 50% and Japan’s Mitsui holds the remaining 20%. Outside Blocks 3&4, Tethys’ only other producing asset is a 25% non-operating stake in a small Lithuanian field, netting it less than 100 b/d. Blocks 3&4 began pumping in 2011 and gradually ramped up to an an...
Volume: 63Issue: 28Published at Fri, 10 Jul 2020 -
Taiwan Crude Imports: Total & Mideast Volumes Stay Low
...y major importer, suggest the world is in for a long slog in terms of the rebound of oil demand from Covid-19. At an average of 790,000 b/d for the first half of 2020, volumes are down almost 14% year on year (see table), putting the country on pace for the lowest annual figure since 2011. And th...
Volume: 63Issue: 28Published at Fri, 10 Jul 2020