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Issue 49

Oil & Gas

  • Iraq’s West Qurna-1: BOC Objects To Halliburton Upstream Entry
  • Egypt Crude Output: Signs Of Recovery Ahead of New Contract Approvals
  • Egypt Gas Output Slumps On Raven Outage
  • Jordan Plans Nine-Well Drilling Campaign

Corporate

  • Delek & Mubadala Complete ‘Historic’ Tamar Deal
  • Oman And Saudi Arabia Sign MoUs For Multi-Billion Dollar Projects

OPEC

  • Opec Production Growth Picks Up In November, But Still Remains Well Under Output Ceiling
  • US Output On The Up As NGLs Hit New Highs
  • Conoco Ups 2022 Spend After Shell Permian Purchase

Geopolitical Risk

  • Vienna Talks: Iran Holds Its Ground
  • France Brokers Riyadh-Beirut Re-Engagement

Refining & Petrochemicals

  • Egypt’s Key Downstream Project Faces Uncertain Future As Losses Mount
  • Abu Dhabi’s Borouge Awards Contracts For $6.2bn Expansion Project

Power & Water

  • Saudi Government Approves Power Sector Shakeup

Economics & Finance

  • Aramco To Drive Gas Investment With $15.5bn Pipeline Deal
  • Qatar Unveils Overly Conservative 2022 Budget

News In Brief

  • Genel Confirms KRG Gas Blocks Exit, Vows Arbitration
  • Idc Partners Weatherford, Majnoon Drilling Starts
  • Adnoc Drilling: $3.8bn Home Contract
  • Thailand’s Pttep Ups Uae Assets
  • Masdar/Engie $5bn Green Hydrogen Alliance
  • Libya’s Mabruk Field To Restart In Early 2023
  • China Crude Imports: November Up, 2021 Down

Selected Data

  • Crude OSPs ($/B): Saudi Hikes Medium & Heavy Asia Prices To Multi-Decade High
  • Saudi LPG Official Contract Prices ($/T)
  • Benchmark Crude Prices ($/B)
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