Insight
| |
4 Pages

MENA upstream month in brief: 2 June 2016

MENA upstream month in brief: 2 June 2016

Report summary

Iran’s crude oil exports surpassed 2 million b/d in May, while CNPC and Sinopec increased their commitment to the Azadegan North and Yadavaran developments. In Israel, the  Cabinet approved an amended version of the ‘stability clause’ of the Gas Outline Agreement. This a positive development for the US$6.8 billion Leviathan project. Libya came closer to unifying its petroleum sector while Egypt’s  EGPC launched a new bid round. Saudi Arabia replaced its long-serving oil minister Ali al-Naimi with Khalid al-Falih, and ADNOC’s operating companies made several changes to its senior management. Oman’s proposed LNG tax increase tabled in December 2015 moved a step closer to implementation. While in Qatar, the Al Shaheen retender process progressed as Qatar Petroleum received bids for the post contract agreement. Algeria and Jordan signed an MOU for the former to supply the latter with LNG. Elsewhere in North Africa, PA Resources, Cooper Energy and Circle Oil continued to struggle.

What's included?

This report includes 2 file(s)

  • MENA upstream month in brief: 2 June 2016 PDF - 266.21 KB 4 Pages, 0 Tables, 0 Figures
  • MENA June 2016 Data Dashboard.pdf PDF - 147.44 KB

Description

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
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

You may also be interested in

Our clients

Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...