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Egypt Gas & Oil Output Continues Decline In 2025
...w output (MEES, 7 March). *Decline from the country’s number three gas province, the onshore Nile Delta, has been severe, falling to just 332mn cfd for January, the lowest since mid-2014 and a far cry from the record 1.378bn cfd posted in August 2017. A key producer here is UAE firm Dana Ga...
Volume: 68Issue: 12Published at Fri, 21 Mar 2025 -
Oman State Upstream Firm Targets 2025 Growth Via Acquisitions & Upgrades
...sat oil field in 2017 and its ramp up through the construction of the Bisat A, B, and C crude processing facilities. OQEP is now expanding the Bisat C facility to take overall crude processing capacity from 60,000 b/d to 65,000 b/d with the expanded capacity to be ”commissioned in Q3 2025.” Last ye...
Volume: 68Issue: 11Published at Fri, 14 Mar 2025 -
Egypt Eyes Takers For Undeveloped Offshore Gas Finds
...e UK major in November 2022. It was followed up in 2017 with the Salamat West discovery, which also lies in the on-offer block. Salamat, like Satis, is an Oligocene discovery, and drilled to a total depth of 6,881ms in water depth of 650ms. EUG pegs the Salamat block’s gas in place at 3....
Volume: 68Issue: 11Published at Fri, 14 Mar 2025 -
Oman Taps BP’s Giant Khazzan Gas Field For LNG Boost
...fining change: the discovery and development of the massive Khazzan unconventional gas field on Block 61 in the center of the country. Back in 2017, BP brought the 1bn cfd Khazzan first phase online, followed by a further 500mn cfd under the second phase Ghazeer expansion in 2020. Capacity has been at...
Volume: 68Issue: 10Published at Fri, 07 Mar 2025 -
Egypt: Apache Eyes Gas Gains As Eni Output Slumps
...an half the 3Q 2015 peak of 1.412bn cfd. As such national gas output is back at levels last seen before the 2017 start-up of Eni’s giant Zohr offshore field. ENI: ZOHR SLUMP And falling output at Zohr itself is a key part of the reason. Production has fallen to less than ha...
Volume: 68Issue: 10Published at Fri, 07 Mar 2025 -
Aramco Approaches Finishing Line For Offshore Crude Increments
...AVY Aramco says that it ended 2024 with 189.8bn barrels of proved crude and condensate reserves, down from 191.3bn barrels last year and 204.8bn barrels in 2017 – the highest figure on record. The firm is hopeful that it will be able to tap into more of its reserve base from now on, with Saudi Ar...
Volume: 68Issue: 10Published at Fri, 07 Mar 2025 -
Saudi Arabia Eyes ‘Competitive Advantage’ From Gas Output Growth
...unconventional gas globally. The move across to the Middle East has been slow to occur, but is now picking up pace. Oman was the pioneer, with the BP-led Khazzan tight gas project starting up in 2017, and Muscat is now looking to increase output from the development above current levels of 1.5bn cf...
Volume: 68Issue: 10Published at Fri, 07 Mar 2025 -
Egypt Drilling: Orion Flops As Shell Kicks Off Six-Well WDDM Campaign
...hr’s December 2017 start-up, Cairo is pushing Chevron to fast-track development at Nargis in a bid to engineer a rebound (MEES, 19 January). But with Chevron yet to file a development plan, first gas here is unlikely before 2026. As such any near-term gains to Egypt’s overall output will be reliant on cu...
Volume: 67Issue: 11Published at Fri, 15 Mar 2024 -
Iran Awards Key $20bn South Pars Gas Contracts
...ded in 2017 following extensive reservoir studies to determine the optimal development rate. Iranian media has frequently carried concerns that rapid development of Qatar’s portion of the field could result in migration of gas across the boundary. Iran’s planned program is intended to reverse fa...
Volume: 67Issue: 11Published at Fri, 15 Mar 2024 -
Qatar Sees Buoyant LNG Demand Outlook As It Sanctions Further Expansion
...ture LNG demand define Qatar’s approach to its expansion plans. Speaking to MEES back in 2017, Mr Kaabi justified going “full steam ahead” with LNG because “we believe so much in the demand potential for gas…This is the cleanest fossil fuel available for mankind. It is going to remain for a very long ti...
Volume: 67Issue: 09Published at Fri, 01 Mar 2024 -
Pipeline Closure Brings KRG Oil Sector To Standstill
...CLINE Kurdistan’s independent oil sector had been growing increasingly ragged in recent years. The late-2014 oil price collapse dealt a fatal blow to many oil exploration and development projects, while Baghdad’s move to reclaim oil fields around Kirkuk following the KRG’s controversial 2017 in...
Volume: 66Issue: 13Published at Fri, 31 Mar 2023 -
Oman Offers Three Blocks In New Bid Round
...: TIGHT GAS PLAY Until recently, the 1,400km2 Block 15 was operated by local firm Hydrocarbon Finder, which drilled two wells in 2017. These produced approximately 44,000 barrels during an extended well test. The firm said that its first exploration well, Ataya-1, was successfully dr...
Volume: 66Issue: 13Published at Fri, 31 Mar 2023 -
Mauritania Exploration: Down To Four Blocks As Shell Concentrates Focus, Plans Wildcat
...analysis reiterated by the Mauritanian officials. This is perhaps not surprising given that the block surrounds the only Mauritanian oil field ever to have reached production – Chinguetti, which briefly produced 70,000 b/d following 2006 start-up before output rapidly declined and halted in 2017...
Volume: 66Issue: 13Published at Fri, 31 Mar 2023 -
Equinor Cools On Algeria
...e move as better for the environment, but it can also be seen as a recognition that In Amenas output will never regain the record 815mn cfd and 51,500 b/d hit in 2017. The 2017 boost came thanks to the start-up of a $700mn compression project in late 2016. Output has since resumed a downward tr...
Volume: 66Issue: 12Published at Fri, 24 Mar 2023 -
Eni & BP Plan 2023 Gas Wildcat On Oman’s Block 77
...5bn cfd Block 61 (BP 40%, OQ 30%, PTTEP 20%, Petronas 10%) tight gas development. BP’s successes on Block 61 sparked renewed IOC interest in Oman’s upstream. The 1bn cfd Khazzan development came online in 2017, followed in 2020 by a second 500mn cfd phase known as Ghazeer. Eni and BP first si...
Volume: 66Issue: 11Published at Fri, 17 Mar 2023 -
Kuwait Targets 3.1mn B/D End-2023 Capacity
...C’s plans to award a fifth ETSA for development of oilfields in West Kuwait have gone nowhere, and production capacity from the area dropped from 530,000 b/d in 2017/18 to just 461,000 b/d in 2020/21. This is indicative of the major difference between Kuwait’s expansion plans and those of its ne...
Volume: 66Issue: 10Published at Fri, 10 Mar 2023 -
Lukoil Gets Green-Light To Develop Iraq’s 250,000 b/d Eridu
...gnature comes six years after the field’s February 2017 discovery and almost two years after Lukoil in late 2021 filed a “preliminary development proposal” for a 20-year development and production phase (MEES, 26 November 2021). Back then no binding decision could have been made by the Oil Ministry as Ir...
Volume: 66Issue: 10Published at Fri, 10 Mar 2023 -
Geo-Jade To Spend $60mn At Huwaiza
...t at 10,000 boe/d. The target is lower than MOC’s 2017 initial production target of 20-30,000 b/d. Unlike Iraq’s previously awarded Technical Service Contracts, the DPC remunerates foreign firms with a share of revenues and Geo-Jade will be entitled to a Remuneration Percentage Bid (RPB) of 7.15% af...
Volume: 66Issue: 10Published at Fri, 10 Mar 2023 -
Iraq Appoints New Director At State Marketer Somo
...Nouri al-Maliki, a key backer of new Prime Minister Mohammed al-Sudani. Mr Yasiri had held the position since 2017, when he replaced long-term incumbent Falah al-Amri (MEES, 15 September 2017) and swiftly reversed plans to pivot to pricing Iraqi crude exports against DME Oman. MEES understands th...
Volume: 66Issue: 10Published at Fri, 10 Mar 2023 -
Mena’s No.1 Producer Total Doubles Down On UAE Presence
...a a 16km pipeline. Exports peaked at 27,000 b/d in 2020 according to data intelligence firm Kpler, but slumped to just 18,000 b/d in 2022. This was the lowest annual figure since the Hail field was brought online in November 2017 (MEES, 16 February 2018). Total’s net output from the asset will be ba...
Volume: 66Issue: 09Published at Fri, 03 Mar 2023