1. Aramco Ups LNG Stake

    ...e facility since 2014. Overall, Shell supplied 67mn tons of LNG to buyers in 2023, making it the largest IOC portfolio player. INCREASED LNG EXPOSURE               The transaction further strengthens MidOcean and Aramco’s position in the global LNG market, says MidOcean, adding that it “will pr...

    Volume: 67
    Issue: 38
    Published at Fri, 20 Sep 2024
  2. Aramco The Big Winner In Egypt LNG Import Tender

    ..., TotalEnergies and Shell as well as trading houses Trafigura, Glencore, Gunvor, Vitol and BB Energy as well as the less well-known Hartree and Mex International. Saudi Arabia has been a staunch ally of Egypt President Abdel Fattah al-Sisi since he took power in 2014 and Riyadh has helped fi...

    Volume: 67
    Issue: 38
    Published at Fri, 20 Sep 2024
  3. 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