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Libya’s Mabruk Field To Restart In Early 2023
...Libya’s Mabruk Oil Operations says its eponymous field will restart production in the first quarter of 2023 at a rate of 25,000 b/d using Early Production Facilities. Mabruk has been shut in since 2014 when an Islamic State (IS) attack severely damaged its surface infrastructure (MEES, 6 Ma...
Volume: 64Issue: 49Published at Fri, 10 Dec 2021 -
Japan Imports: Still Rock Bottom
...utral Zone, the first such volumes since 2014. Kuwait volumes (excluding the PNZ) are down 9% at 233,000 b/d for 10M 2020 but may be set to rise next year with state firm KPC this week inking a deal to lease 3.14mn barrels of Japan storage capacity (see p17). JAPAN CRUDE IMPORTS REMAIN AT MULTI-DE...
Volume: 63Issue: 49Published at Fri, 04 Dec 2020 -
Sipchem & Sahara To Merge
...mplete by 30 June 2019. Sipchem and Sahara signed an MoU for the merger in October, reviving a plan that was shelved in 2014 as plummeting crude prices slashed petchems revenues (MEES, 9 November). SAUDI PETCHEMS FIRMS BY MARKET CAP ($BN, END Q3): POST-MERGER SIPCHEM CLIMBS TO SIXTH PLACE...
Volume: 61Issue: 49Published at Fri, 07 Dec 2018