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'.
27 Jan, 2023
Featured
Oman Sets Record Oil Output
Oman’s buoyant upstream sector set new records for oil and gas production in 2022. Bumper crude availability boosted export revenues above $30bn.
Oman Oil Output ('000 b/d): 2022 Record
27 Jan, 2023
Top Story
Cyprus Gas Ambitions: From Dreams To Reality In 2023?
Cypriots will go to the polls on 5 February to elect a new president. Following a flurry of offshore gas discoveries, the winning candidate will hope to be able to write themselves into the history books as the president who oversaw Cyprus’ transformation into a gas exporter.
Key Cyprus Offshore Acreage & Drilling Activity
NEWS IN BRIEF
Opec+ JMMC: No Change Expected
27 Jan, 2023
Saudi Oil Export Revenues: $300bn And Rising
27 Jan, 2023
Subba Back To Production
27 Jan, 2023
Oman: Block 60 Oil Field Inauguration
27 Jan, 2023
Shell Plans 3-Well Egypt Campaign
20 Jan, 2023
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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