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Total Expands With Maersk Purchase
...rkine Basin: Anadarko-operated El Merk and HBNS, and Cepsa-operated Ourhoud. Gross output was 358,000 b/d in Q2; El Merk with 146,000 b/d was the largest contributor. Maersk’s net share was 36,000 b/d. Total owned 50% of Cepsa until 2011 but the firm’s current Algerian output comes from 35% of the 700mn cf...
Volume: 60Issue: 34Published at Fri, 25 Aug 2017 -
Algeria On Track For $11bn Deficit Despite Gas Export Boost
...nuary 2013 terrorist attack) followed by the November completion of a $700mn compression project. Output hit 9bcm/year capacity in Q2 for the first time since Q1 2011. Sonatrach’s 54bcm 2017 export target, based on an expected late-year first-gas boost from the Reggane and Touat projects in the so...
Volume: 60Issue: 34Published at Fri, 25 Aug 2017 -
Spain 2Q17 Crude Imports (‘000 B/D): Imports From Libya On The Rise, Up 79% On Year-Ago Levels
...SPAINSH CRUDE IMPORTS FROM MENA* ('000 B/D): SAUDI SQUEEZED, IRAQ STRONG, LIBYA & IRAN RESURGENT *EXCLUDES OCCASIONAL SMALL VOLUMES FROM TUNISIA AND (TO 2011) SYRIA. SOURCE: CORES, MEES....
Volume: 60Issue: 34Published at Fri, 25 Aug 2017