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Acwa Control At Rawec As JGC Quits
...keover, Rawec had a strained relationship with Petro Rabigh: a 2013 outage at its utilities plant damaged a number of furnaces in the petchem plant’s cracker. Petro Rabigh threatened to terminate Rawec’s supply contract until a SR1.125bn ($300mn) compensation deal was agreed (MEES, 6 June 2014...
Volume: 63Issue: 41Published at Fri, 09 Oct 2020 -
Egypt Cuts Road Fuel Prices
...ckage with the IMF which ended in June this year (MEES, 21 June). Though the (modest) price cuts followed some of the most vocal protests since Mr Sisi came to power in 2014 – with up to 3,000 people having been detained – the Oil Ministry insists that the gasoline prices cuts are not linked but ra...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
Baghdad Poised For Northern Boost
...e end of the year. The field is also producing 100mn cfd of associated gas. The field produced 28,000 b/d prior to the Islamic State takeover (MEES, 25 July 2014). As MEES reported last month, Iraq is also pumping 30,000 b/d of heavy oil from Qayara field located 75km north of Ajeel, with “am...
Volume: 61Issue: 41Published at Fri, 12 Oct 2018