1. Oman: Tethys Flops In Block 58

    ...16 December.   Output is in decline at Tethys’ only producing asset, Blocks 3&4 (CCED 50%op, Tethys 30%, Mitsui E&P 20%) where production has averaged 26,000 b/d so far this year, down 35% from its 2017 peak. The firm recently submitted a field development plan for Block 56, though volumes he...

    Volume: 67
    Issue: 50
    Published at Fri, 13 Dec 2024
  2. Energean Eyes Full Control Of Key Israel Subsidiary

    ...London-listed Greek firm Energean is in talks to take full control of its Energean Israel subsidiary by buying-out 30% partner Kerogen Capital. Kerogen initially in February 2017 paid cash-strapped Energean $50mn for a 50% stake in its core Israel assets, before the Greek firm exercised an op...

    Volume: 63
    Issue: 50
    Published at Fri, 11 Dec 2020
  3. UAE Nuclear Power Plant Hits Full 1.4GW Capacity On Test

    ...pco connected Barakah-1 to the grid in August. Before the plant begins commercial operation, it will be shut down for a check outage “for several months.” The first Barakah reactor was originally slated for 2017 start-up, with the three similar units to follow at yearly intervals. But a scandal ov...

    Volume: 63
    Issue: 50
    Published at Fri, 11 Dec 2020
  4. Yemen Peace Talks: Oil Focus

    ...fact Yemen is already exporting around 50,000 b/d: some 35-40,000 b/d from PetroMasila-operated Blocks 10 & 14 in the eastern Masila basin (MEES, 15 September 2017) and 10,000-12,000 b/d from OMV’s S2 Block in the central Shabwa basin (MEES, 3 August). The biggest potential restart would be $4....

    Volume: 61
    Issue: 50
    Published at Fri, 14 Dec 2018
  5. Lukoil Takes First Kirkuk Volumes

    ...port pipeline was new oil minister Thamir Ghadhban’s first major accomplishment as minister (MEES, 7 December) and helped add 100,000 b/d from Kirkuk where volumes had been shut-in since 2017.  ...

    Volume: 61
    Issue: 50
    Published at Fri, 14 Dec 2018