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Kuwait Steps Up Offshore Exploration With Arrival Of Second Drilling Rig
...ploration work was a 3D seismic survey of the Kuwait Bay area which was completed in 2017. RETURN OF THE RIGS It is notable that the Oriental Phoenix’s first well was drilled on the eastern flank of Kuwaiti waters close to the undemarkated border with Iran. For one thing, this location is di...
Volume: 66Issue: 35Published at Fri, 01 Sep 2023 -
Oman LNG Close To Sold Out With New OQ & Shell Sales Deals
...tlook for Oman’s LNG exports was in doubt amid rising domestic gas demand and an uncertain production outlook. The 2017 startup of the Khazzan tight gas development changed all this, with capacity from Khazzan and the second-phase Ghazeer now standing at 2bn cfd. The successful project encouraged IOCs to...
Volume: 66Issue: 35Published at Fri, 01 Sep 2023 -
Lebanon Hooked On Diesel Imports Amid Financial Crisis
...shington earlier this year for “importing tainted fuel, causing significant harm to Lebanese power plants.” Interestingly, between 2017 and 2020 Lebanon’s fuel oil shipments originated mainly from the United States followed by several European countries including Belgium, Netherlands, and Spain. Ga...
Volume: 66Issue: 35Published at Fri, 01 Sep 2023