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Oman To Offer New Blocks
...offer. The ministry did not respond to MEES questions for further details. Block 18 was last operated by India’s Reliance Industries which abandoned it in 2011 after a failed drilling campaign (MEES, 9 November 2012). ...
Volume: 67Issue: 40Published at Fri, 04 Oct 2024 -
Libya Gas Exports Slump To 12-Year Low As Domestic Use* Rises
...LIBYA'S 2023 GAS EXPORTS^ ARE RIVALLING 2022 FOR THE LOWEST FIGURE SINCE THE 2011 REVOLUTION... ...WITH VOLUMES FOR Q3 2023 FALLING WELL BELOW EVEN 2022 LEVELS (MN CFD) *NOC DATA IMPLY THAT CONSUMPTION HAS AVERAGED JUST OVER 1BN CFD SO FAR THIS YEAR, UP FROM 902MN CFD FO...
Volume: 66Issue: 40Published at Fri, 06 Oct 2023 -
Egypt LNG: Exporting, For Now
...ace for cargoes to be produced in Q4 2021 and onwards.” Since Damietta restarted in February the facility has shipped 1.84mn tons of LNG (MEES, 26 February). This is the highest figure since 2011, the year before the plant was mothballed. Meanwhile, Idku has six remaining ‘commitment’ cargoes se...
Volume: 64Issue: 40Published at Fri, 08 Oct 2021 -
Libya’s NOC Demands Funds
...derinvestment has taken its toll on the country’s lifeline oil sector. With foreign investors wary, NOC desperately needs cash to maintain its aging and dilapidated energy infrastructure. It also wants to kick-start work on several projects abandoned following the 2011 revolution (MEES, 31 May and MEES, 20 Se...
Volume: 62Issue: 40Published at Fri, 04 Oct 2019 -
Taqa Issues $500mn In Bonds
...ginning in 2013 forced a strategic rethink. The company’s assets are mainly in upstream oil and gas and power. In 2018 Taqa’s power and desalination plants contributed 53% of its income and upstream operations 31%. This marked a major turnaround from 2011, when Taqa’s upstream provided 45% of its income an...
Volume: 62Issue: 40Published at Fri, 04 Oct 2019