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MENA upstream month in brief: 5 July 2016


MENA upstream month in brief: 5 July 2016

Report summary

In June, Total was awarded a 30% stake in Al Shaheen, Qatar. BP made progress offshore Egypt, sanctioning the first phase of its Atoll development, as well as announcing the Baltim South West gas discovery with partner Eni. In Iran the NIOC selected 8 potential IPC partners for IOCs/NOCs. However, the Oil Minister, Zanganeh, faces increasing internal hurdles on the IPC. Noble Energy had its development plan for Leviathan approved on 2 June in Israel. Other big news from Israel includes Harel buying a 3% stake in Tamar from Noble. Algeria has shaken things up replacing Salah Khebri as Energy Minister. Abu Dhabi's Mubadala Development Company and IPIC are set to merge.

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  • MENA upstream month in brief: 5 July 2016 PDF - 289.26 KB 4 Pages, 0 Tables, 0 Figures
  • MENA July 2016 Data Dashboard.pdf PDF - 149.85 KB

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This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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