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Offshore Declines Prevent Qatar From Capitalizing On Opec Exit
...tar’s biggest field is the offshore Al Shaheen field off the north coast, which forms the emirate’s Al Shaheen export grade (28° API, 2.4% Sulfur). The field was previously operated by Denmark’s Maersk under a production sharing agreement (PSA) which expired in 2017. Upon expiry, France’s TotalEnergies re...
Volume: 64Issue: 28Published at Fri, 16 Jul 2021 -
Shamaran Expands Kurdistan Presence With Transformative Sarsang Entry
...turned to the region in 2017 when it acquired the minority Sarsang stake as part of its takeover of Denmark’s Maersk Oil. Shamaran says that “the Acquisition is highly accretive and transformative to Shamaran as it grows from a single asset company to a multi-field producer and paves the way for fu...
Volume: 64Issue: 28Published at Fri, 16 Jul 2021 -
Iraqi Parliament Seeks To Block NOC Appointments
...iticized the 2017 creation of Dhi Qar Oil Company (DQOC) . CAN INOC DELIVER? With Exxon heading to the exit, Baghdad may sooner or later have to step in and operate the 470,000 b/d WQ-1 field. But whether it has the capacity to manage this on top of the other fields, such as 250,000 b/d Majnoon, is an...
Volume: 64Issue: 28Published at Fri, 16 Jul 2021