Corporate
MENA has the world's largest upstream reserves. But tough terms and, in some countries, an outright ban on foreign operators, means it is often a difficult hunting ground for international oil firms. Total sees the advantage in low-cost barrels in Abu Dhabi, and underpriced (it reckons) Libya assets. Chinese and Russian firms are also expanding. But many US firms are pulling back, eyeing better returns in domestic shale.
Corporate
23 May, 2025
Featured
KRG Gas Deals
The KRG aims to secure US political support by signing up American firms to develop gas fields which can be used to supply Federal Iraq and displace Iranian imports.
Khor Mor Gas Output (mn cfd) Is On A Strong Upwards Trajectory
Corporate
30 May, 2025
Top Story
Mauritania Pushes For Tortue LNG Expansion
Operator BP and partner Kosmos are examining near-term incremental expansion of Mauritania and Senegal’s key 2.3mn t/y Tortue project to 3mn t/y but Phase 2’s estimated $3bn expansion looks a distant dream.
BP Mauritania/Senegal GTA Project
NEWS IN BRIEF
Amea Starts Up 500MW Egypt Wind Project
6 Jun, 2025
Chevron Begins Aphrodite Seabed Survey
6 Jun, 2025
OMV Exits Abu Dhabi Sour Gas Development
6 Jun, 2025
Sudan Secures Additional Power From Egypt
30 May, 2025
Saudi Arabia Confirms PNZ Discovery
30 May, 2025
Turkmenistan-Iran-Iraq Gas Deal Hits The Buffers
30 May, 2025
SELECTED DATA
PTTEP’s Algeria Output Is Set To More Than Double, With Gas Becoming Dominant, With Purchase Of Touat Stake (‘000 b/d & boe/d^)
Egypt’s Zohr Gas Field: Output Has Dropped To 1.6bn cfd Ahead Of Development Drilling That Aims To Add 220mn cfd By Mid-2025 (bn cfd)
Turkmenistan Gas Exports: Heavily Reliant On China (bcm)
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