1. Reality Sets In As KRG Imagines Life With Less Oil

    ...eld, which South Korea’s Kogas signed a contract to develop in 2011 (MEES, 13 June 2011). Akkaz was slated to produce 400mn cfd, but security concerns and the Islamic State’s advance halted development.   US-mediated talks over joint KRG-Iraq control of international border crossings in Iraqi Ku...

    Volume: 60
    Issue: 45
    Published at Fri, 10 Nov 2017
  2. Saudi Rig Count Rebounds As Focus Turns Offshore

    ...azil’s offshore rig count remained at 10 in October, less than a quarter of peak 2011-13 levels, but it is due to rise after a slew of recent rewards. Brazil awarded six of eight deepwater ‘pre-salt’ blocks on offer last month: three to Anglo-Dutch major Shell, BP took two, and ExxonMobil one, in the cl...

    Volume: 60
    Issue: 45
    Published at Fri, 10 Nov 2017