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Oman’s OQEP Eyes New Gas Discovery In Upstream Reshuffle
...scovered in 2017 OQEP has expanded crude processing capacity with three processing plants commissioned in August 2019, September 2021, and November 2022. EXITING UNDERPERFORMING BLOCKS OQ and its partner Shell exited Block 42 after the exploration and production sharing agreement expired in...
Volume: 67Issue: 39Published at Fri, 27 Sep 2024 -
Eni & BP Set To Kick Off Libya Exploration Drilling Campaign
...tput in Libya has been falling. Mellitah sales gas output of 860mn cfd for 2023 is little more than half 2017’s peak figure of 1.59bn cfd, whilst Eni’s net figures are down even more (see chart). At the same time exports to Italy via the Eni-operated Greenstream pipeline (Libya’s sole gas export ou...
Volume: 67Issue: 39Published at Fri, 27 Sep 2024 -
Kuwait Hopes To Revive Stalled Petchems On Back Of Refinery Upgrade
...$9.7bn (MEES, 26 May 2023). The UK’s Amec Foster Wheeler was awarded a $34mn Feed contract for Olefins-3 and Aromatics-2 back in 2017 (MEES, 19 May 2017). However, the lack of foreign investor interest means a final investment decision has yet to be taken. The firm remains hopeful that it can se...
Volume: 67Issue: 39Published at Fri, 27 Sep 2024