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'.
7 Mar, 2025
Featured
Oman Taps BP’s Khazzan
BP and its partners on Oman’s Block 61 plan to boost gas capacity beyond the current 1.5bn cfd with additional volumes earmarked for Oman LNG’s planned 3.8mn t/y fourth train.
Oman’s Key Upstream Infrastructure
7 Mar, 2025
Top Story
Aramco Approaches Finishing Line On Offshore Crude Increments
Aramco’s huge offshore crude oil increment projects are approaching the finishing line. CEO Amin Nasser says the firm’s spare capacity adds tremendous value given the cyclical nature of oil markets.
Saudi Aramco’s Incoming Capacity Additions Are Slated To Offset 1.2mn b/d Of Natural Decline To Enable Capacity To Stay Flat At 12mn b/d (mn b/d)
NEWS IN BRIEF
Kuwaiti Power Minister Resigns
14 Mar, 2025
Total Starts Work On 1GW Iraq Solar
14 Mar, 2025
Libya Restarts Mabruk Oil Field
14 Mar, 2025
UAE $18.5bn Sour Gas ‘Ahead Of Schedule’
14 Mar, 2025
Scatec: 1.1GW Egypt Solar/Storage PPA
14 Mar, 2025
IMF To Lebanon: No Cash Yet
14 Mar, 2025
Qatar: 500MW Power Boost
7 Mar, 2025
US Designates Houthis Foreign Terrorists
7 Mar, 2025
SELECTED DATA
Libya Crude Output (‘000 B/D): December’s 1.35mn b/d Was The Highest Monthly Figure Since Early 2013
Kuwait Heavy Crude Oil Production Has Posted Steady Gains (‘000 b/d)
Algeria’s Gas Exports Fell By 6.6% To 48.7bcm For 2024 With Both LNG And Key Pipeline Customer Italy Well Down (bcm)
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