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Russia’s Stroytransgaz Bags Iraq E&P Deal
...s Block 12 in Muthanna province. Rosneft acquired the block through its controversial takeover of operator Bashneft in 2017. Russia, and in particular Stroytransgaz, is also picking up upstream assets in eastern Syria, which Anbar province borders. Stroytransgaz will be keen to replicate its co...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Russians Grab Syria Acreage
...portant backer of the government in Syria’s eight year civil war, and now aims to secure repayment. It is widely expected to win lucrative contracts as Syrian President Bashar al-Assad looks to rebuild the economy (MEES, 22 December 2017). Russia’s Stroytransgaz, which was awarded acreage in Iraq this we...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Egypt: Key Oil JVs Plan Output Hike
...nuary and July this year, the highest since late 2017: but this is still 27% below 2010 levels. One of the key producers in the region is BP, via its Gupco operations. These are in the process of being taken over by Dragon Oil, a subsidiary of Dubai state firm Enoc, in a deal worth an estimated $500mn (ME...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Algeria’s Gas Projects: Playing Catch-Up
...me Algeria hit that record, none of the three projects that comprise SWGP had come online. The Repsol-led 2.9bcm/y Reggane Nord started-up in late 2017 and Total’s 1.8bcm/y Timimoun tight-gas project in early 2018. The largest element, the 4.5bcm/y Neptune Energy-operated Touat project, was on the cu...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
PIF Muscles In On Aramco Amid Oil Sector Shakeup
...r Saudi Arabia’s struggles to secure the foreign investment inflows required to boost economic diversity. Whether Mr Khorayef is likely to achieve more success than Mr Falih is far from clear. After all, investors have been deterred by the fallout from the Jamal Khashoggi killing and 2017’s in...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
KRG: Chevron Awards Sarta CPF Contract
...February that various export options implying initial volumes may be temporarily trucked while a spur pipeline is connected to the KRG’s export line to Turkey. Sarta will be the first new field brought online since UAE firm Taqa's Atrush field started production in July 2017 (MEES, 14 July 2017). ...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Kuwait’s KNPC Begins Clean Fuels Commissioning
...om 270,000 b/d to 454,000 b/d and reduce Mina al-Ahmadi’s from 466,000 b/d to 347,000 b/d. KNPC originally aimed for start-up of the CFP in late 2017, but as is often the case in Kuwait the schedule has slipped. The latest official start-up target is by the end of 2019, but slippage to 2020 looks in...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019