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Western Fields
The Western Fields comprise the Minagish, Umm Gudair, Dharif, Abduliyah, Umm Roos and Kabd oil fields, located to the west of the super-giant Burga...
Iran other fields (sub-commercial)
Data on the fields we currently classify as sub-commercial are available below. Sub-commercial fields contain hydrocarbon volumes that are discover...
Q1 2024 pre-FID upstream project tracker: slow start but activity to pick up
We expect around 30 projects will reach FID in 2024. This should be an increase on last year, as many 2023 projects were delayed or postponed. Up t...
Vitol acquires stake in Sarroch Saras; which EU refinery transactions could be next?
On 11th February 2024, Saras shareholders entered into a sale and purchase agreement with Vitol B.V. for approximately 35% share of Saras. Saras ow...
Fos-sur-Mer (BOF) steel plant
Fos-sur-Mer (BOF) is ArcelorMittal’s second largest steel plant in France. The plant is a part of ArcelorMittal’s Mediterranee unit. The plant is l...
Unwanted spend: how big is the deepwater decommissioning bill?
The top deepwater countries and operators have a US$27 billion decommissioning bill creeping up in the next ten years. However, they would prefer i...
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