MENA upstream in brief

Table of contents

• Oman's Mabrouk NE starts production
• Chevron's Nargis blooms in Egypt's Nile Delta
• ExxonMobil awarded two deepwater blocks offshore Egypt
• Apex acquires Eni’s producing Western Desert blocks
• Zenith Energy signs SPA to acquire OMV Yemen
• Egypt’s EGAS launches bid round
• Mubadala sells down equity in Israel’s Tamar field
• Eni makes third gas discovery offshore Cyprus with Zeus-1 well
• ADNOC acquires stake in OMV from Mubadala
• Israel launches its fourth offshore bid round
• Chevron to expand Israel’s Tamar capacity
• Petronas wins Abu Dhabi unconventional onshore block
• UAE reveals COP 28 agenda: maximum energy, minimum emissions
• BP awarded two new exploration blocks in Egypt’s Nile Delta
• QatarEnergy signs 27 year 108 Mt LNG SPA with Sinopec
• TotalEnergies and ConocoPhillips complete acquisition of Hess’ 8.16% interest in Libya’s Waha fields
• Energean bolsters its Israeli resources
• QatarEnergy completes its North Field expansion line-up
• Aramco posts record cash flow from higher prices and volumes
• ConocoPhillips joins Qatar’s North Field South (NFS) project
• Sarsang expansion boosts Kurdistan oil output by 25 kb/d
• Energean produces first gas from Israel’s Karish field
• Shell expands its Qatar LNG position
• QatarEnergy awards major compression project to Saipem
• Israel and Lebanon agree offshore border
• Eni brings Algeria’s South Berkine onstream in record time
• Energean announces gas discovery at Hermes-1 well
• Chevron spuds Nargis prospect offshore Egypt
• Capricorn reaches new merger agreement: this time with NewMed Energy
• TotalEnergies moves first to expand its LNG portfolio in Qatar
• Mubadala's gas portfolio strengthened by Sarawak discovery
• Shell and TotalEnergies sign an EPSA for Block 11 in Oman
• TotalEnergies completes its exit from Kurdistan
• Eni to acquire BP’s Algerian assets
• Capricorn downgrades Egyptian production guidance
• Eni makes large gas discovery with Cronos-1 well in Cyprus
• Energean spuds Hermes-1 offshore Israel
• Aramco outlines 13 million b/d oil expansion plan
• Eni doubles resources at its Abu Dhabi discovery
• ADNOC awards itself major contracts for Hail & Ghasha
• Algeria’s Sonatrach announces three new discoveries in exceptional year for discovered resources
• ExxonMobil closes in on Iraq exit
• Occidental, Eni and TotalEnergies agree new terms for Algerian projects
• VAALCO to merge with Egypt-focussed TransGlobe Energy
• Shell joins Qatar’s giant North Field East LNG project
• Sonatrach makes multi-tcf gas discovery near Hassi R’Mel
• BP snaps up King Mariout Offshore block offshore Egypt
• ExxonMobil gets a share in Qatar’s giant North Field East LNG project
• Qatar selects ConocoPhillips in the North Field East LNG project
• Eni joins TotalEnergies in Qatar’s giant North Field East LNG project
• EU signs MoU with Israel and Egypt to increase gas imports
• Aramco sets interim 2035 carbon emissions plans
• TotalEnergies secures a stake in Qatar’s giant North Field East LNG project
• Iran-Oman gas pipeline project revived
• Tullow and Capricorn merge to form leaner Africa energy player
• JGC wins major Saudi contract for Zuluf heavy oil increment
  • Sinopec signs new production sharing agreement for Algeria’s Zarzaitine oil field
  • Abu Dhabi exploration success spurs on
  • Shell acquires North East El Amriya exploration block offshore Egypt
• Aramco delivers record quarterly results
• ADNOC awards Fujairah LNG FEED contract
• Energean still hopeful after Athena gas discovery comes in below expectations
• Wintershall Dea increases stake in Algeria’s Reggane Nord gas field
• QatarEnergy finalises contracts for 32 mmpta North Field East expansion
• Libya shuts in nearly half a million barrels per day of oil
• More exploration success for Eni in Egypt’s Western Desert
• Eni and Egypt’s EGAS sign gas framework agreement
• Can Egypt squeeze out more barrels with new fiscal terms?
  • QatarEnergy farms into ExxonMobil’s North Marakia block offshore Egypt
  • Sonatrach makes large oil discovery near Algeria’s giant Hassi Messaoud
• Eni and Sonatrach announce Berkine Basin oil discovery in Algeria
• Aramco's earnings more than double
  • BP reported to be nearing sale of Algerian assets
  • Focus on OPEC+ as Ukraine crisis deepens
  • Energean spuds Athena-1 well offshore Israel
  • Israel to increase gas exports to Egypt - this time via Jordan
• Dragon Oil breathes fire into Egypt’s Gulf of Suez with exploration success
  • Eni discovers gas offshore Abu Dhabi
  • Wintershall Dea exits Egypt’s Suez Oil Company Fields
• Iraq’s Block 9 (Faihaa) project gets the go ahead
• TransGlobe bets big on Egypt with new improved terms
  • Chariot announces appraisal success with Anchois-2 offshore Morocco
  • Eni dominates Egypt’s muted bid rounds
• Apache’s Egypt output set for a rebound
• Libya’s shut-ins resume
  • Eni signs agreement with Sonatrach to develop Berkine Basin fields in Algeria
• INPEX makes a discovery onshore Abu Dhabi
• Egypt’s Red Sea attracts new explorers
• Genel accepts termination of Bina Bawi and Miran PSC, Kurdistan
• Wood wins major Saudi oil expansion FEED award
• Aramco agrees US$15.5 billion gas pipeline monetisation
• ADNOC upgrades its oil and gas reserves
• EOG’s unconventional exploration well in Oman is seen flaring
• Lebanon (re)launches its offshore licensing round
• Saudi Aramco awards US$10 billion contracts to developJafurahunconventional gas
• ConocoPhillips and TotalEnergies to acquire Hess' interest in Libya's Waha concessions
• ADNOC takes a leading role in renewables and low-carbon hydrogen production
• ADNOC awards EPC contracts for Dalma Gas Development Project
• LUKOIL declares commerciality of Eridu field, Iraq
• Aramco's earnings soar
• Eni adds fresh barrels to Egypt’s Western Desert
• Saudi Aramco sets 2050 net zero target
• ADNOC LNG looks toFujairahsite for newliquefactionfacility
• Is exploration coming back to Libya?
• Qatar Petroleum rebrands as QatarEnergy
• Saudi Aramco puts timeline on oil capacity expansion
• Shell completes the sale of its onshore Egypt portfolio
• Iraq launches Nassiriyah gas project after years of delay
• Saudi Aramco resurrects its 600 kb/dZulufoilexpansion
• BP to partner ADNOC and Masdar on clean energy initiatives
• Pharos farms down in Egypt to IPR Energy
• Delek Drilling sells its remaining stake in Tamar to Mubadala
• TotalEnergies bets big on Iraq
• TAQA to sell oil and gas assets?
• Russian companies to double-down on Iraq?
• Israel will stop issuing new onshore exploration licences
• Abu Dhabi concludes its second exploration bid round
• Genel responds as KRG moves to terminate Miran and Bina Bawi PSCs
• Over US$1 billion in contract awards for Al Shaheen’s Gallaf Project, Phase three
• Saudi Aramco profits surge
• How will the political upheaval in Tunisia impact its upstream sector?
• Iran inaugurates onshore oil pipeline
• OPEC+ reveals the cuts end game
• Oman to launch 2021 licensing round
• Déjà vu as TotalEnergies exits Kurdistan for the second time
• Eni award facilities expansion contract at Zubair oil field, Iraq
• Qatar Petroleum's strategic partnership with TotalEnergies deepens
• Eni spuds delayed exploration well offshore Bahrain
• Qatar Petroleum enters Suriname
• Skikda LNG in Algeria goes offline due to failure at control system
• Kuwait's Al-Zour terminal seeks commissioning LNG cargo
• Momentum continues in Abu Dhabi with Shah award
• Algeria finally approves TotalEnergies’ acquisition of Repsol’s stake in TFT
• MENA podcast: Violence in Gaza and Israel affects the upstream sector
• Belbazem development award: the first of many?
• Energean pushes back Karish’s start-up date offshore Israel
• Farzad Bgas giantgets the goahead
• South Sudan launches its first licensing round
• Apache to consolidate its Egypt Western Desert assets
• Shell to wrap up its Tunisian portfolio
• MENA podcast: Issues and new opportunities in Iraq's gas sector
• Mubadala to acquire Delek Drilling’s stake in Tamar
• Dana Gas’ sale of Egyptian assets falls through
• BP produces first gas at Egypt’s Raven field
• Sinopec win tender to develop Mansuriyah gas field, Iraq
• Sonatrach issues termination notice for Sunny Hill Energy at Ain Tsila
• Saudi Aramco raises US$12.4 billion in oil pipeline deal
• Qatar Petroleum's Q1 2021 Qatar upstream activity in review
• Qatar Petroleum farms-in to ultra-deepwater blocks offshore Namibia
• Qatar Petroleum to take on 100% ownership of Qatargas-1 in 2022
• MENA podcast: Shell announces the sale of its onshore assets in Egypt’s Western Desert
• Saudi Aramco boosts upstream capex by 40%
• Egypt goes all-in with two licensing rounds
• Cyprus and Israel agree on a framework to unitise Aphrodite
• Shell announces the sale of its onshore assets in Egypt’s Western Desert
• MENA podcast: Qatar Petroleum sanctions largest LNG project in history
• Eni lifts first cargo at Egypt’s SEGAS LNG plant
• DNO acquires ExxonMobil’s stake in the Baeshiqa license, Kurdistan
• Qatar Petroleum sanctions largest LNG project in history
• Libya chooses new executive authority
• PTTEP agrees to buy 20% stake in Oman’s Khazzan project from BP
• MENA podcast: Energean on a FID spree in the East Mediterranean
• Energean on a FID spree in the East Mediterranean
• Qatar and Gulf neighbours settle dispute
• MENA podcast: The OPEC+ saga
• First oil from Halk el Menzel offshore Tunisia
• Pharos Energy looking to sell its Egyptian assets
• Mahanicomesonstream in Sharjah Emirate
• Four new discoveries announced in Saudi Arabia

Tables and charts

This report includes 115 images and tables including:

• The Greater Barik area in Oman
• Exxon’s Egyptian and Cypriot acreage
• Company rankings by working interest production

What's included

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