Oil & Gas
Key MENA countries rely on oil & gas for well over 50% of their revenue. For Iraq and Algeria, hydrocarbons provide over 90% of their export earnings. Whilst Saudi Arabia has a (so far largely rhetorical) National Transformation Plan, other countries have barely begun to consider how to adapt to the looming 'energy transition'.
Oil & Gas
1 Jul, 2022
Featured
Algeria Gas Reserves Boost
Sonatrach says a newly-discovered formation at its giant Hassi R’Mel field contains up to 12tcf with rapid development to boost output by 3.7bcm/y.
Algeria's Sales Gas Output (bcm)
Oil & Gas
1 Jul, 2022
Top Story
Exxon Starts Cyprus Seismic, Eyes More Wells
Unperturbed by seemingly disappointing appraisal drilling at its Glaucus prospect, Exxon is shooting new Cyprus seismic with a view to late 2023 drilling.
Cyprus: Key Offshore Acreage
NEWS IN BRIEF
India: Record Runs On Record Russia Imports
1 Jul, 2022
Turkey: Russia Imports Leap
1 Jul, 2022
Algeria’s Reggane: Repsol Expands
1 Jul, 2022
World Bank: $500 Egypt Loan
1 Jul, 2022
US Service Firms ‘To Quit’ KRG
1 Jul, 2022
Schlumberger Kuwait: Jurassic Perk
1 Jul, 2022
Total: Oman Block 12 Seismic
1 Jul, 2022
Saudi-Iran Talks May Go Public
1 Jul, 2022
SELECTED DATA
Gas Output At Egypt's WDDM Is Down 80% Over The Last Decade (mn cfd)
Gas Output From Eni’s Egypt Mediterranean* Concessions Fell 16% For 2020 (bn cfd)
Egypt Gas Output Up 12% QOQ To Record 6.96bn cfd For Q1 As Zohr Ramp-Up Continues (bn cfd)
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