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Shell Spuds Key Mauritania Wildcat
...scovery, the Chinguetti field which produced from 2006 to 2017. Shell entered Mauritania when it signed up for the C10 permit in 2018 (MEES, 27 July 2018), and in February signed up for a second permit, C2. QatarEnergy farmed in for a 40% stake in March (MEES, 7 April), whilst state firm SMH retains it...
Volume: 66Issue: 38Published at Fri, 22 Sep 2023 -
Saudi Oil Burn Dips From Record High
...After hitting an all-time high in June, Saudi oil burn dropped by 170,000 b/d in July (see data, p18). While a July drop is unusual, the 1.31mn b/d monthly average was still the second highest July figure on record – behind only 2017’s 1.39mn b/d. Oil burn peaks during the summer when surging de...
Volume: 65Issue: 38Published at Fri, 23 Sep 2022 -
UK Considers Israel Embassy Move to Jerusalem
...ptember during a meeting at the United Nations. Any such move is likely to draw widespread criticism, especially from the Palestinian Authority, which also heavily criticized Mr Trump’s 2017 decision. It also risks further entrenching tensions with the current US administration and EU states....
Volume: 65Issue: 38Published at Fri, 23 Sep 2022 -
EOG Enters Omani Upstream
...Oman secured a notable new player in its upstream sector this week, with US firm EOG Resources signing an Exploration and Production Sharing Agreement (EPSA) for Block 36. EOG joins Canada’s Apex, which has been the sole player at the block since Norway’s DNO exited in 2017 after drilling a du...
Volume: 63Issue: 38Published at Fri, 18 Sep 2020 -
Taqa Places Moroccan Bond
...al-fired power plant, with combined capacity of 1.356GW, for 17 years from 2017 to 2044 (MEES, 31 January). Taqa says bond placement provides “an opportunity to further optimize its capital structure” and that the PPA extension is “enhancing value by extending the company’s debt repayment profile.” Ta...
Volume: 63Issue: 38Published at Fri, 18 Sep 2020 -
QP, Shell Reaffirm LNG Bunkering Commitment
...Shell CEO Ben van Beurden was in Doha this week for talks with Qatari Minister of State for Energy Saad Sherida al-Kaabi. The pair “signed a Shareholder Agreement today [18 September] to establish a company that would provide global LNG bunkering services.” This follows a 2017 framework ag...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
ENI Egypt Gas Start-Up
...eir North Damietta concession next year with additional drilling at the 300mn cfd Atoll as well as the start-up of the Qattameya field, discovered in March 2017 (MEES, 30 August). The volumes of course pale in comparison to the 21.5tcf Zohr field in the deep offshore Mediterranean which is cu...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Morocco: Minnow Bags Deepwater Block
...2017 without drilling. Morocco enjoyed something of an exploration boom earlier this decade. But of the 10 deepwater wells drilled none found commercial hydrocarbons (MEES, 30 January 2015). ...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Oman LNG: Record India Volumes
...ar. India remains a distant third among Oman’s LNG customers after South Korea and Japan. Korea took 2.83mn tons for the first eight months of 2018, down 4% on 2.96mn tons for Jan-Aug 2017. Japan took 1.95mn tons for January-July, up 10% year-on-year. Oman has in recent months received sharply di...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
China Takes VLCC Of Yemeni Crude
...,000 b/d from the Masila basin since restarting production in 2016 (MEES, 15 September 2017). Most is exported to China from the Ash Shihr terminal on Yemen’s coast. China received 32,000 b/d of Yemeni crude in 2017, but the cessation of Chinese import data in March and lack of Yemen export figures have ob...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
Kuwait Tenders For 1.5gw Of Solar
...ready building Kuwait’s first utility-scale solar project, a 50MW plant at Al-Shegaya (MEES, 21 July 2017). ...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018