Dana Makes Sukuk Payment

...UAE-based, KRG focused independent Dana Gas announced 2 November that it has “fully redeemed the $309mn” outstanding balance of a Sukuk issued on 31 October 2017. Dana, which has a history of strained relations with its Sukuk holders (MEES, 18 August 2017), had already made $221mn worth of re...

KRG’s Atrush Field Hits Record

...The 30,000 b/d capacity Atrush field (Taqa 39.9% op, Shamaran 20.1%, Marathon 15%, KRG 25%) hit a monthly high of 26,800 b/d in October. After starting up in July 2017, Atrush output slumped in early 2018 to just 12,500 b/d in April due to “unexpectedly high concentrations of salts flowed ba...

Oman: $4.6bn For Duqm Refinery

...e mid-2000s and finalized in 2012 for a 2017 completion, but financing issues have perennially plagued development (MEES, 25 August 2017). A large chunk of the financing has now been finalized and construction, which began in June (MEES, 31 August), can ramp up. A source close to the project to...

Kuwait Nears CFP Commissioning

...its 2016 annual results that work on its Mina Abdullah contract would not be complete until the very end of 2018 (MEES, 31 March 2017).    ...

Pakistan Crude Imports ('000 B/D): UAE Maintains Top Position And 57% Share For 2017-18* As Overall Volumes Jump 24% To 212,000 B/D