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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