- Sort by:
- Score
- Published ▼
-
MENA Attractions: Libya Kicks Off Big Year For The Region’s Upstream
...censing round since 2014, with TotalEnergies and Eni both taking assets (MEES, 20 June 2025). The first licensing round under the new oil law was a success, and Algeria plans to launch a new bid round each year over the next five years. “With our geographic position, we are confident that Algeria will be...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
Kurdish Hopes Of Autonomy In New Syria Unravel
...nister Nouri al-Maliki now the frontrunner for the post (MEES, 16 January), Iraqis are experiencing a sense of déjà vu, drawing an uneasy parallel with 2014, when ISIS fighters swept across the country under his watch, seizing Anbar province, Mosul and large swathes of territory. For now, incumbent Pr...
Volume: 68Issue: 23Published at Fri, 23 Jan 2026 -
Maliki to Return as Iraqi PM?
...ndidate. Nouri al-Maliki has emerged as the frontrunner for Iraq’s premiership, potentially returning to a post he held between 2006 and 2014 (see table). Mr Maliki headed the country’s first permanent government after the 2003 US invasion and remains the only politician to have served two terms as prime mi...
Volume: 69Issue: 03Published at Fri, 16 Jan 2026 -
Kuwait Upstream Capacity Tops 3mn B/d
...nagement between Saudi Arabia and Kuwait (MEES, 24 October 2014). For Kuwait to generate 350,000 b/d capacity from the PNZ by 2035, gross capacity will have to rise to a record 700,000 b/d. Appraisal work to potentially unlock new reserves at both Khafji and Wafra has been carried out to enable this. As...
Volume: 68Issue: 05Published at Fri, 31 Jan 2025 -
KRG: Genel Finalizing Taq Taq Exit
...Genel Energy says it has agreed terms with Iraq’s Kurdistan Regional Government for exiting the Taq Taq PSC, noting that this will “remove the risk of any residual decommissioning liabilities.” Taq Taq was the largest IOC-operated field in Kurdistan in 2014 with 103,000 b/d output, peaking at 11...
Volume: 68Issue: 05Published at Fri, 31 Jan 2025 -
Eni/Kogas Quit Cyprus Blocks As Development Plans Awaited
...years. Eni, which originally had 80% stakes, drilled two dry wells on Block 9 (Onasagoras 2014, Amathusa 2015). But plans for an initial Block 3 well in February 2018 were scuttled as Turkish warships obstructed drilling (MEES, 16 February 2018). French major TotalEnergies farmed-in to the ac...
Volume: 68Issue: 03Published at Fri, 17 Jan 2025 -
BP-Baghdad: Kirkuk Deal Close?
...story at Kirkuk, but earlier talks fell apart in 2020 following a three-year study initially commissioned in 2013, which was interrupted by the rise of the Islamic State in 2014. In August last year, both parties re-engaged in negotiations to develop the field’s Baba and Avanah domes, as well as the ne...
Volume: 68Issue: 02Published at Fri, 10 Jan 2025 -
Iraq’s Cabinet Approves Basra-Haditha Crude Oil Pipeline
...l to global markets, but plans to develop an alternative route via Aqaba were derailed by the rise of the Islamic State in 2014, with security still a major concern in Anbar. IRAQ’S OIL & GAS PIPELINE SYSTEM ...
Volume: 68Issue: 01Published at Fri, 03 Jan 2025 -
Libya’s ‘Road To 2mn b/d’ Faces Infrastructure Logjam
...Total’s 30,000 b/d Mabruk field which has been offline since being overrun by Islamic State-affiliated militants in 2014 (MEES, 6 March 2015). Though the previous 2023 restart target has been missed (MEES, 31 March 2023), Total’s Pouget listed restart here as a near-term aim. NOC LEADS NEW DE...
Volume: 67Issue: 03Published at Fri, 19 Jan 2024 -
Kufpec Eyes Portfolio Optimization After Exiting Norway & China
...ina, after picking up assets there a decade ago as part of its ambitious plans to become a mid-sized “international National Oil Company” (MEES, 25 April 2014). While some assets acquired at the time have succeeded, many have flopped, and Kufpec now appears intent on debloating its portfolio starting wi...
Volume: 67Issue: 02Published at Fri, 12 Jan 2024 -
US Consolidates Position As World’s Top Oil Exporter
...December 2015 (MEES, 18 December 2015). Over the past decade, liquids exports (crude, NGLs, refined products and biofuels) have more than doubled from just 4.14mn b/d in 2014 to last year’s 10.20mn b/d (see chart 1). With production remaining on its upwards trajectory, exports could rise above 10...
Volume: 67Issue: 01Published at Fri, 05 Jan 2024 -
Oil Services Firms See Mideast Driving Growth, For 2023 And Beyond
...iven by massive capacity expansion programs in the UAE (see p2), Saudi Arabia and Qatar. “We are poised to certainly have record revenue in Middle East during this cycle, and eclipse the previous 2014 peak [of $11.9bn] by a margin,” SLB CEO Olivier Le Peuch told his firm’s 20 January earnings call. Al...
Volume: 66Issue: 04Published at Fri, 27 Jan 2023 -
Iraq’s Trembling Currency Poses Fresh Budgeting Challenge
...od and basic goods prompted Iraqis to take their dissatisfaction to the streets, and the new government is wary of further such destabilizing protests. While having no legal remit over the CBI, the PM has replaced governor Mustafa Ghalib, bringing back his predecessor Ali al-‘Alak (2014-2020) on 23...
Volume: 66Issue: 04Published at Fri, 27 Jan 2023 -
Libya’s Waha: Hess Confirms Total, Conoco Each Paid $75mn For Stakes...
...d restored three wells to production that had been offline since 2014, adding a total of 2,500 b/d to production....
Volume: 66Issue: 04Published at Fri, 27 Jan 2023 -
South Korea: Record LNG Import Bill As Australia Overtakes Qatar
...$21.48/mn BTU for its 2022 LNG imports, including a monthly record $29.19/mn BTU in September, it should come as no surprise that the country’s overall import bill smashed previous highs: at a cool $50bn it was twice the 2021 figure and almost $19bn above the previous record of $31.4bn set in 2014...
Volume: 66Issue: 03Published at Fri, 20 Jan 2023 -
Can Iraq Use Gulf Football Tournament To Score GCC Investment Hike?
...urnament comes as the culmination of Washington-backed efforts to improve Iraq’s relations with its Arab neighbors, especially Saudi Arabia, something that is hoped to counterbalance Iran’s influence in the country. This process began in 2014 when former PM Nouri al-Maliki, an ally of Tehran, departed of...
Volume: 66Issue: 02Published at Fri, 13 Jan 2023 -
Qatar Takes FID On Huge Petrochemicals Complex
...at Qatar had axed its previous planned facilities in late 2014 and 2015 amid a reappraisal of its petrochemical strategy (MEES, 16 January 2015). Back in 2017, Mr Kaabi suggested the facility would have around 1.6mn t/y capacity. But by the time Chevron Phillips was awarded a 30% stake in June 20...
Volume: 66Issue: 02Published at Fri, 13 Jan 2023 -
Egypt Launches Bidding: Search For ‘More Zohr’, But More Tie-Ins More Likely
...ye-1 duster in mid-2021 (MEES, 18 March 2022). Tiba also surrounds two Shell (60%op, BP 40%) development leases that encompass the 2012 Harmattan and 2014 Notus discoveries. Hossam Zaki, head of BP’s Pharaonic Petroleum JV with state oil firm EGPC, told oil minister Tarek El Molla in September that sa...
Volume: 66Issue: 01Published at Fri, 06 Jan 2023 -
‘If You Want Gas, We Have The Supply’, Algeria’s Sonatrach Tells MEES
...2021 for the highest level since 2014. Echoing calls from the likes of Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman and UAE Energy Minister Suhail al-Mazrouei, Mr Hakkar sees a clear role for oil and gas in the energy transition and has made it clear that investments in the hy...
Volume: 66Issue: 01Published at Fri, 06 Jan 2023 -
Oman/Japan LNG Deals
...an’s energy ministry signed an MoU with Japanese state energy body Jogmec to deepen energy sector cooperation. The MoU adds “collaboration towards commercial and technical issues relating to clean energy” to a previous oil and gas-focused 2014 MoU. In expanding the scope of cooperation, Jogmec notes th...
Volume: 66Issue: 01Published at Fri, 06 Jan 2023