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Kurdistan’s Miran Partners Target 2027 First Gas
...up to 8tcf and was previously operated by London-listed Genel Energy. The KRG, disappointed by the lack of progress years after signing a gas sales agreement (GSA) with Genel in 2017, revoked the company’s PSC for Miran and the nearby Bina Bawi block in 2021 (MEES, 20 August 2021). Under the te...
Volume: 68Issue: 33Published at Fri, 15 Aug 2025 -
Kurdistan Looks To Terminate Genel’s Gas Development Contracts
...ese negotiations remain ongoing.” There is however scope for a compromise. When finalizing the PSCs and Gas Lifting Agreements (GLA) for the two fields in February 2017 (MEES, 17 February 2017), Genel highlighted options following any termination. “During the three-year period following such a te...
Volume: 64Issue: 33Published at Fri, 20 Aug 2021 -
Oman Advances Its 2021 Bid Round
...ltiple bid rounds in recent years. Block 49 was awarded to Sweden’s Tethys in 2017 (MEES, 24 November 2017) and it last year farmed out a 50% stake to US shale specialists EOG Resources (MEES, 13 November 2020). Last year’s Thameen-1 well on Block 49 was ultimately disappointing with no flows re...
Volume: 64Issue: 33Published at Fri, 20 Aug 2021 -
Tunisia’s Oil Industry Faces Existential Crisis
...mour movement emerged in 2017 when protesters blocked the main oil pipeline at El Kamour in protest at lack of local investment and jobs in the southern provinces of Tataouine and Kebili (MEES, 2 June 2017). The protesters say the government has still not fulfilled pledges to tackle the issues (MEES, 26...
Volume: 63Issue: 33Published at Fri, 14 Aug 2020 -
Iraq In Line For Offshore Pipeline Overhaul
...ys the deal involves replacing two existing pipelines. The first supplies the ancient Khor al-Amaya oil terminal (KAAOT; 600,000 b/d) which has remained closed since 2017 due to leakage in the 48-inch pipeline. The second reported pipeline is one “operating at partial capacity to ship crude to the Ba...
Volume: 62Issue: 33Published at Fri, 16 Aug 2019 -
Egypt Gas Exploration Focus Shifts East As Output Record Nears
...ison says output here rose in the first half of 2018 thanks to new wells added in late 2017. Three further wells were drilled in the first half of 2018. Eni is not the only company to have evidently seen renewed attraction in waters north of Sinai that it had previously abandoned. Anglo-French in...
Volume: 61Issue: 33Published at Fri, 17 Aug 2018 -
Gulf Of Suez Output Falls To 40 Year-Low
...While Egypt gas output receives the plaudits (see p2), oil output has shown only tentative signs of recovery from 2017’s 35-year low of 629,000 b/d (MEES, 9 March). Output was 643,000 b/d for the first six months of 2018 with key Western Desert producers Apache and Eni highlighting output bo...
Volume: 61Issue: 33Published at Fri, 17 Aug 2018 -
Libya’s Oil Production Gains May Flatter To Deceive
...bya’s oil sector since late 2014 did not give much reason for hope. Prior to 2017, the last time that oil output had exceeded 600,000 b/d was in the first half of April 2015; the last time that it averaged more than 600,000 b/d over the course of a month was in November 2014. The figures for 2017 ha...
Volume: 60Issue: 33Published at Fri, 18 Aug 2017 -
Iran Bags Changuleh Oil Field Studies, Qualifies More Local JV Partners
...16 Study South Azadegan & Cheshmeh Khosh PNOC (Philippines) May 2017 Study Pazanan and Darkhovin Gazprom (Russia) May 2017...
Volume: 60Issue: 33Published at Fri, 18 Aug 2017 -
Egypt Receivables Hit $6.3bn, Up Almost $1bn From Start Of 2015
...ergy (formerly Citadel Capital), is spending €100mn on building a 180MW combined cycle gas turbine power plant which will burn Abu Qir gas from 2017 (MEES, 7 August). Croatia’s INA said in its H1 results that Egyptian receivables were up on end-2014 but without giving any details. TRANSGLOBE: DI...
Volume: 58Issue: 33Published at Fri, 14 Aug 2015 -
Hungary’s MOL Announces KRG Development Plan As Others Exit
...L intends to raise production from the block to an expected minimum of 50,000 boe/d by 2017-18. MOL also has 10% of the Pearl Consortium, alongside Austria’s OMV and the UAE’s Dana Gas, which has launched arbitration proceedings against the KRG, disputing terms of its gas development co...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014