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Oxy’s Oman Strategy Struggles To Hit Its Stride
...ock 9 for gas lift and sale.” However, any gains from this work have evidently been more than offset by declines elsewhere. Oxy still holds three blocks it is exploring which could make the difference. The company picked up Block 51 under Oman’s 2017 bid round (MEES, 21 December 2018). Oxy last year fl...
Volume: 66Issue: 46Published at Fri, 17 Nov 2023 -
Algeria-Italy Gas Slump
...,300 b/d for an implied 60,000 b/d gross Ourhoud figure, less than half 2017 levels. Cepsa cites “scheduled maintenance turnarounds in Algeria” as a key reason for a fall in 9M 2023 upstream output versus a year earlier, as well as the sell-off of its UAE assets (MEES, 3 March). *Algerian state gi...
Volume: 66Issue: 46Published at Fri, 17 Nov 2023