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MENA upstream month in brief: 2 September 2016


MENA upstream month in brief: 2 September 2016

Report summary

Notable gas discoveries were made by Sound Energy in onshore Morocco and Shell in Egypt's Western Desert. Eni secured payment guarantees from Egypt for future gas sales from Zohr and Egypt also signed a preliminary gas import deal with Cyprus. In Algeria, Sonatrach signed contracts for the construction of the GR7 pipeline, to transport stranded gas in the southwest of the country to market. In the Middle East, Saudi Arabia achieved record oil production, condensate exports hit an all-time high in Iran and Iraq's North Oil Company restarted exports via Kurdistan. Iraq also appointed a new oil minister and KNOC pulled out of the Sangaw South block in Kurdistan. Elsewhere in the region, Abu Dhabi began importing LNG, Kuwait awarded the second phase of its Jurassic Non-Associated Gas Reserves project and shareholders agreed to Gulf Keystone's restructuring of its balance sheet. 


What's included?

This report includes 2 file(s)

  • MENA upstream month in brief: 2 September 2016 PDF - 296.20 KB 5 Pages, 0 Tables, 0 Figures
  • MENA September 2016 Data Dashboard.pdf PDF - 161.11 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
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