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Genel Considers Impairment At Iraqi Kurdistan’s Sarta As Latest Well Flops
...aqi Kurdistan marked a major milestone for the region as the first new field to enter production since 2017 (MEES, 27 November 2020). But more than two years later production has dwindled from initial levels and work on appraising new areas has flopped, leading operator Genel to this week announce an im...
Volume: 65Issue: 50Published at Fri, 16 Dec 2022 -
Kuwait’s Need For LNG Slumps As New Al-Zour Refinery Ramps Up Fuel Oil Output
...FO pipeline from the refinery “will begin commissioning” after “filling and stabilization operations” on the first pipeline are completed. The construction project overseen by KOC also includes a gasoil pipeline. The $850mn pipeline contract was awarded to Italy’s Saipem in August 2017 and in...
Volume: 65Issue: 50Published at Fri, 16 Dec 2022 -
Oman LNG Export Revenues Set To Smash Annual Record
...talEnergies (5.54%), Korea LNG (5%), PTTEP (2%) and a trio of Japanese firms. GAS REVOLUTION The start-up of BP’s 1bn cfd Khazzan tight gas project in 2017 spurred Oman’s gas success, with the second phase 500mn cfd Ghazeer play boosting production when it came online in October 2020. Do...
Volume: 65Issue: 50Published at Fri, 16 Dec 2022