Issue 43

Oil & Gas

• Kuwait Sets Out Plan To Reverse Capacity Losses

Corporate

• Petrofac Eyes Algeria, Kuwait For 2022 Awards After Dire 2021

OPEC

• Services Firms Eye ‘Exceptional’ 2022 Upstream Growth With Gulf NOCs In The Vanguard
• Saudi Arabia Sets Out Its Stall For Net-Zero 2060

Geopolitical Risk

• Libya: Another Day, Another Pipeline Leak

Refining & Petrochemicals

• Adnoc Reverses Course On Refinery Expansion: The End Of An Era?

Power & Water

• Adnoc Agrees To Buy Clean Energy From Ewec
• Saudi-Iraqi Power Connection Plans: Acwa Moves To Center Stage
• Chinese State Firm Wins $5.7bn Iraq Oil-Fired Power Contract
• Kuwait Curbs Oil Burn Thanks To New LNG Import Terminal

Economics & Finance

• Kais Saied’s Tunisia: Where Is It Headed?

News In Brief

• Algeria Joins The EBRD
• Scatec: Tunisia Solar PV Delay
• Libya’s Zawiya Refinery & Terminal Damaged In Clashes
• BP/Equinor Algeria Gas Output Crash
• Cash-Strapped Lamprell Plans Saudi Move
• Saudi Establishes National Investment Fund
• KBR Wins Contract For Oman Green Ammonia Project
• Schlumberger To Spearhead Turkish Black Sea Gas Development

Op-Ed & Documents

• Cop26 & Politicizing Net-Zero

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Pakistan Oil Imports: UAE Remains Clear Number One For 2020-21* (‘000 B/D)