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  1. Iraq: Pakistan Firm Exits Block 8

    ...rms Japex and Itochu, undercutting them with a remuneration fee of $5.38/boe. However, the firm has since made little effort to develop the block amid security concerns following Islamic State’s 2014 offensive. Of the other blocks awarded in 2012, UEG’s Block 9 is now producing nearly 100,000 b/d (ME...

    Volume: 67
    Issue: 38
    Published at Fri, 20 Sep 2024

  2. Kuwait Refinery Restart

    ...anim al-Otaibi reporting the same day that the refineries were back at full capacity. Power outages at the plants are not new (MEES, 31 January 2014), and high temperatures in Kuwait have seen electricity demand hit new records with the strain seeing several substations shut down in recent weeks (see p1...

    Volume: 66
    Issue: 38
    Published at Fri, 22 Sep 2023

  3. Morocco: Minnow Bags Deepwater Block

    ...-1 well drilled by US firm Kosmos and partner BP in April 2014 (MEES, 18 May 2014). The two firms, key partners off Mauritania and Senegal to the south, gave up on what was then the Foum Assaka block in 2016 with BP quitting Morocco to boot. Kosmos at the time said FA-1 “failed to find hy...

    Volume: 62
    Issue: 38
    Published at Fri, 20 Sep 2019