- Sort by:
- Score
- Published ▼
-
Lower Prices Hit OQEP Profits In Q3
...rrently under testing.” If a commercial discovery is made, it will be the block’s first after previous operator Maersk drilled a series of dry wells (MEES, 17 February 2017). Alongside these two fields it also operates Block 54 (60%), which borders Block 53, where Genel Energy secured a 40% stake in Ma...
Volume: 68Issue: 47Published at Fri, 21 Nov 2025 -
QatarEnergy Expands Offshore Egypt, Partners Shell
...nsiderable acreage nearby. QatarEnergy has moved swiftly to develop a strong presence in Egypt’s upstream as bilateral relations thawed after the end of the 2017-2021 Qatar embargo (MEES, 23 June 2017). Relations are now at their warmest since the 2013 ousting of President Mohamed Morsi. More recently, Eg...
Volume: 68Issue: 41Published at Fri, 10 Oct 2025 -
Adnoc Subsidiaries To Distribute $43bn In Dividends By 2030
...pital through the listing of subsidiaries. The firm made a splash in 2017 when it listed 10% of its retail fuel subsidiary Adnoc Distribution on the Abu Dhabi Securities Exchange (ADX). After the $851mn initial public offering, the energy giant went on to list stakes in five other firms: Adnoc Drilling (20...
Volume: 68Issue: 41Published at Fri, 10 Oct 2025 -
US Sanctions On Vs Oil Terminal Give Iraq A Headache
...ll as Iraqi oil” in the past through AIS signal spoofing in the Gulf. Iraqi authorities are investigating whether any volumes had been sold to either of the two companies in recent months. Between 2017 and 2019, Mr Said’s UAE-based Al-Iraqia Shipping Services & Oil Trading FZE (AISSOT) was given ex...
Volume: 68Issue: 29Published at Fri, 18 Jul 2025 -
KRG Signs US Firms Up To New Gas Development Contracts
...rchased by US Crest Energy International in 2017 and taken private (MEES, 2 June 2017). “I’m very pleased to be here again back in Washington, especially to witness and monitor the signing of these two very important deals. Both companies, HKN and WesternZagros, have been operating in Kurdistan for ma...
Volume: 68Issue: 21Published at Fri, 23 May 2025 -
Eni Revises Up Zohr Reserves But Output Decline Continues
...ar-on-year, gives cumulative production since the field started up in late 2017 of 5.34tcf, implying an original recoverable resource of 9.84tcf (see chart 1). Zohr’s slump has been the key driver in Egypt’s overall gas output decline, with the field making up 37% of last year’s eight-year low 4....
Volume: 68Issue: 15Published at Fri, 11 Apr 2025 -
BP Seeks To Build On Historic Middle East Foundations In ‘Return To Upstream’ Strategy
...ream. BP returned to the remodeled concession in December 2016, after the original concession agreement expired in 2014, and the current agreement runs until end-2054. Return to Adco lifted BP’s net Abu Dhabi output to a record 257,000 b/d in 2017, but after the offshore Adma concession expired at the en...
Volume: 68Issue: 12Published at Fri, 21 Mar 2025 -
Oxy: UAE Gas Boosts ‘International’ Prospects
...osted the firm’s global output by 4% and that of gas by 12%, in both cases the highest level since 2020. The firm has slimmed down its international portfolio, ditching positions in Bahrain, Yemen and Libya (MEES, 12 August 2016 & MEES, 10 February 2017) and focusing its slimmed-down international fo...
Volume: 68Issue: 09Published at Fri, 28 Feb 2025