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'.
14 Feb, 2020
Featured
Stars Align As Exxon Hikes Egypt Commitment
Twelve months on from taking its first acreage in Egypt, US major ExxonMobil has now snapped up two more blocks in the country’s offshore Mediterranean. The location of its new ‘Star’ asset suggests it is eying a trend from its 2019 Cyprus Glaucus discovery.
Egypt Gas Output Posts Record 2019 (bn cfd)
21 Feb, 2020
Top Story
Oman’s Upstream Gets Key Gas & Offshore Boost
Oman’s upstream sector is on the up. This week saw Total and PTTEP finalize a gas development contract, while Eni kicked off its offshore drilling.
Key Oman Oil And Gas Infrastructure
NEWS IN BRIEF
Adnoc $1.65bn Sour Gas EPC Deals
21 Feb, 2020
Kuwait CFP: ‘Steady Progress’
21 Feb, 2020
Aramco Trading Signs Kuwait Crude Deal
21 Feb, 2020
Saudi Selects IWP Bidder
21 Feb, 2020
Egyptian Firms Win Nuclear Work
21 Feb, 2020
Mauritania: BP Keeps Tortue Sales In-House
21 Feb, 2020
Germany 2019 Crude Imports (Mn B/D, Top 7 Suppliers)
21 Feb, 2020
Algeria’s 3.5BCM/Y Ain Tsila ‘Ahead Of Schedule’
21 Feb, 2020
SELECTED DATA
UAE Oil Exports On Course For 2019 Increase As Key Asian Buyers Hike Q1 Purchases (‘000 B/D)
Key Grades Are At Record Premiums Versus Oman/Dubai Benchmark...
Opec’s 2018 Oil Export Revenues Up More Than $200bn From 2016’s Low Point($Bn)
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