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Middle East Oil Exports In 2024: A Year Of Transition
...sily breaking 2021’s previous record of 20.0%. Crude still accounts for nearly 80% of total exports, but with more than 22mn barrels of oil being exported from the region every day, a shift of a single percentage point equates to substantial volumes: refined products exports are up by 1.5mn b/d since 2017...
Volume: 67Issue: 51/52Published at Fri, 20 Dec 2024 -
Abu Dhabi’s Mubadala Cuts Energy Sector Exposure
...RMDOWN The other major transaction this week involved Mubadala’s fully owned upstream subsidiary, Mubadala Energy (formerly Mubadala Petroleum). Mubadala Energy was led by Mr Kaabi between 2014 and 2017, and he has since remained chairman of the firm. The firm boosted its net output to a record 500,000 bo...
Volume: 65Issue: 51/52Published at Fri, 23 Dec 2022 -
Aramco: Can It Pull Off A 2018 IPO?
...ccessful IPO? The twists and turns in the course of preparations for the IPO of state-owned Saudi Aramco have kept investors on the edge of their seats. Cracks in the plans for the IPO have kept appearing and as 2017 draws to a close, the late-2018 deadline looks tighter than ever. The fi...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
BP Back in Business With Abu Dhabi Deal
...d-2017. Production gains from the onshore concession are an essential part of Abu Dhabi’s plans to increase capacity from 3.1mn b/d to 3.5mn b/d in 2017. The remainder is to come from the two offshore concessions, Adma and Zadco which are currently being merged (MEES, 11 November). While 3.5mn b/d looks ou...
Volume: 59Issue: 51/52Published at Fri, 23 Dec 2016 -
Iran Looking Ahead To A Big 2017 In Its Oil And Gas Sector
...Iran can look back at a successful 2016 in its oil and gas sector, with production soaring. But 2017 looks to be bigger still as it aims to finalize contracts with IOCs. The bulk of international sanctions targeting Iran were lifted in January and the country’s crude output has soared by...
Volume: 59Issue: 51/52Published at Fri, 23 Dec 2016 -
Repsol To Boost Algeria, KRG Presence With Talisman Purchase
...wnstream operations in Oman, Egypt, Algeria and Morocco. Looking ahead, Repsol says that its 29.25% stake in the Reggane Nord project in Algeria, which will see first gas in 2017, will net the firm about 14,000 boe/d as it looks to expand its global footprint. Repsol has just two exploration blocks in Ir...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014