Transportation

Kuwait opted to resume submitting data to the Riyadh-based Jodi organization this week. Until this week, the latest data was...

Kuwait Oil Company CEO Jamal Jaafar spoke exclusively to MEES on the sidelines of this week’s CWC Kuwait Oil and Gas conference. He unveiled plans for a new contract model for offshore development and how Kuwait aims to increase production without breaching Opec obligations.

• Egypt’s Suez Canal saw revenue hit $1.351bn in 1Q 2018, the highest first quarter figure on record, though down...

Saudi Arabia’s total oil exports surged to a record 9.25mn b/d in February as domestic demand for refined products fell...

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Southern exports have been maxed out at 3.46mn b/d over the last six months, and the stress is taking its toll on aging infrastructure. The 12 May elections are set to delay efforts to redress the government’s dependency on the Basra chokepoint.

Long dependent on Saudi largesse, Bahrain has discovered major unconventional oil and gas reserves off its western coast. The GCC’s smallest producer plans further development wells in 2018 as it seeks to emerge as the region’s unlikely shale pioneer.