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Egypt’s Key Oil Producers See Output Slump
...ill.” In particular the firm is eying “stratigraphic targets” similar to the 2014 Ptah and Berenice discoveries (see map) which have been central to how Apache has since viewed the region’s geology. “We’ve got some wells we’re pretty excited to drill. The nice thing about those is they’re vertical, on...
Volume: 63Issue: 31Published at Fri, 31 Jul 2020 -
China’s CNOOC Enters Key Abu Dhabi Concessions
...ES. CHINA’S GROWING PRESENCE IN UAE UPSTREAM CHINESE EXPANSION China is a key buyer of Emirati crude, ranking as the UAE’s fifth largest client last year. But Chinese firms were absent from the country’s upstream until CNPC dipped its toe into the waters in 2014 with the es...
Volume: 63Issue: 31Published at Fri, 31 Jul 2020 -
Neutral Zone’s Wafra: Exports Restart
...spended since 2014 (MEES, 29 May 2015). Saudi Arabia and Kuwait have long had disagreements over PNZ-management, with Kuwait especially disgruntled that Chevron represents Saudi Arabia at Wafra. Despite their disagreements, Saudi Arabia and Kuwait reached an agreement to restart PNZ output in December 20...
Volume: 63Issue: 31Published at Fri, 31 Jul 2020 -
Audit For Libya’s Central Banks
...the Libyan financial system and creating the conditions for the eventual unification of the Central Bank of Libya (CBL),” says UNSMIL. Libya has effectively had two central banks since 2014 when a political crisis split the country into two rival eastern and western administrations. In the me...
Volume: 63Issue: 31Published at Fri, 31 Jul 2020