Insight

MENA upstream month in brief: 2 June 2016

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

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 contains

  • Document

    MENA June 2016 Data Dashboard.pdf

    PDF 147.44 KB

  • Document

    MENA upstream month in brief: 2 June 2016

    PDF 266.21 KB

  • Document

    MENA upstream month in brief: 2 June 2016

    ZIP 365.86 KB

Table of contents

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

Tables and charts

No table or charts specified

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898