Issue 34

Oil & Gas

• Egypt Gas Gains Benefit From Zohr Ramp-Up

Corporate

• Adnoc Embarks On $15bn Drilling Spend
• Qatar In Rig Tie-Up

OPEC

• Saudi Oil Sector Creaking Amid Heavy Opec Cuts And Summer Demand

Geopolitical Risk

• Shaybah Attack Exposes Saudi Security Flaws
• Iran Presses Ahead With Hormuz Bypass Plans
• Iran/Hormuz: Unpredictable

Power & Water

• Egypt Solar Soars Thanks To Booming Benban Output

Refining & Petrochemicals

• Kuwait’s Delayed Refining Projects Set To Slip Further

Economics & Finance

• Algeria: More Output Declines, More Protests
• Algeria Awards 50mw Solar Hybrid

News In Brief

• Aramco Restarts Malaysia CDU
• QP In 5-Year Exxon Deal
• Egypt Plans Oil-Focused Bidding
• KNOC’s Egypt Visit
• Panoro Plans Tunisia Output Boost
• Dubai’s Dewa In Hydro Award
• Aramco’s Motiva Unit To Buy Texas Cracker

Selected Data

• Saudi Arabia 2Q19 Oil Data: Output Down, Exports Down, Burning Up
• Crude Official Selling Prices ($/B): Saudi Cuts Key Asia Grades For September, Gulf Competitors Fail To Follow Suit
• Benchmark Crude Prices ($/B)
• Egypt Gas Output Averaged Record 6.55mn Cfd In Q1. With Powergen Consumption Flat Year-On-Year, A Six-Year High 523mn Cfd Was Exported