Issue 39

Oil & Gas

• Eni Extends Dominance Offshore Egypt As Cairo Launches Further Bidding
• Kuwait’s Upstream Chief: Second Offshore Well By Year-End

Corporate

• TotalEnergies’ 5-Year Outlook: More Oil, More Gas, Less Emissions
• Algeria Advances ‘TFT II’ Expansion With EPC Award
• Aramco Targets 10% Stake In Chinese Refiner
• Aramco Enters Aussie LNG

OPEC

• Aramco-Bahrain Crude Marketing Deal To Run To Year-End
• Bahrain Upstream Optimism Falls Further With Eni Departure

Geopolitical Risk

• Iraq Touts Gas Export Ambitions Despite Severe Shortages

Refining & Petrochemicals

• Fujairah Storage Shakeup With Lakhani Entry
• Iraq’s Karbala Refinery Hits Full Capacity Despite Unresolved Technical Issues
• Qatar Signs 10-Year Naphtha Deal With Marubeni

Power & Water

• Abu Dhabi Launches New 1.5GW Solar Project
• Shell Taps Duqm For Blue Hydrogen And Ammonia Plans
• Qatar Awards Feed For Ras Laffan Carbon Capture

Economics & Finance

• Oman Wields Oil Profits To Slash Debt In Fiscal Reform Push

News In Brief

• Qatarenergy Signs $3.9bn LNG Carrier Deal
• Saudi Arabia’s Largest Solar Plant Starts Operations
• Samsung Engineering Wins Saudi Petchems Feed
• Egypt Presidential Elections
• Cyprus: Aphrodite Talks Extended
• Algeria Desal Start-Up
• Imf: $1.3bn For Morocco
• Tunisia Solar Edges Forward

Selected Data

• Crude Official Selling Prices ($/B): Iran Raises October Price For Iranian Light To Asia
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Japan Crude Imports: Total Down, Mideast Share Up