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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: 67Issue: 50Published at Fri, 13 Dec 2024 -
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: 63Issue: 50Published at Fri, 11 Dec 2020 -
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: 63Issue: 50Published at Fri, 11 Dec 2020 -
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: 61Issue: 50Published at Fri, 14 Dec 2018 -
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: 61Issue: 50Published at Fri, 14 Dec 2018