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MENA upstream month in brief: 2 August 2016

MENA upstream month in brief: 2 August 2016

Report summary

In July, an increase in Zohr's gas in place estimate was announced as development pushes forward. Total and Repsol decided to seek arbitration after failing to find an agreement with Sonatrach on the retroactive changes to their PSCs in 2006, while Engie looks to sell its Algerian assets. Libya's rival NOCs agreed to unify, while Egypt's Ganope launched a new bid round. In Iran, installation of 3rd platform on South Pars phase 17-18 is underway. Elsewhere in the region, LPG exports began in Iraq. DNO's bid for Gulf Keystone was rejected, while Gulf Keystone proposes to restructure its balance sheet. Kuwait announced plans to privatise four subsidiaries of Kuwait Petroleum Company. In Abu Dhabi, ADNOC issued FEED tender documents for the development of the Hail and Ghasha sour gas fields.

What's included?

This report includes 2 file(s)

  • MENA upstream month in brief: 2 August 2016 PDF - 268.67 KB 4 Pages, 0 Tables, 0 Figures
  • MENA August 2016 Data Dashboard.pdf PDF - 159.92 KB


The MENA upstream month in brief covers the Middle East and North Africa upstream sectors.

It is your one-stop report for the most important events across the upstream industry in the Middle East and North Africa.

This report provides our expert opinion and analysis on the significant happenings during the month past, and looks forward to events to watch out for in the coming month.

Keep informed of events in exploration, licensing, drilling, fiscal & regulatory changes, and corporate activity.

Also included is a data dashboard, providing a snapshot of the most important data points of the past month.

  • Lead stories
  • Other stories from around the region
  • Events to watch
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