Issue 36

Oil & Gas

• Shell’s WDDM Phase 12a Buys Time For Egypt’s Gas Giant
• DNO In Pole Position For Capricorn Takeover

Corporate

• Energean’s $1bn BP Egypt Bid Tests Its Balance Sheet
• Renewed Protests Threaten Libya’s Energy Ambitions
• Predator Oil & Gas Prepares To Drill New Well In Morocco

OPEC

• Hormuz Oil Exports Edge Higher As Red Sea Volumes Fall

Geopolitical Risk

• Iraqi Kurdistan Faces Political Headwinds Despite Oil Output Rebound

Refining & Petrochemicals

• Egypt Plans Permanent LNG Import Facility

Economics & Finance

• Six Months Of Economic Turmoil For The GCC

Power & Water

• Gulf Interconnection Proves Its ‘Huge Value’ In Summer Of Conflict

Selected Data

• Benchmark Crude Prices ($/B)
• Japan Middle East Crude Imports (mn b/d): Volumes Gradually Recovering Following April Collapse But Share Slips Below 60% For July