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MENA upstream month in brief: 5 July 2016
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,...
MENA upstream month in brief: Israel's gas giant rises from the ultra-deep
Noble Energy, Delek Group and Ratio Oil Exploration announced FID on phase one of the Leviathan project, offshore Israel. Phase one’s capacity is 1...
MENA upstream month in brief: Libya producing, OPEC reducing
MENA OPEC-members appear to be complying with production cuts. Libya, exempt from these cuts, has increased output to 715,000 b/d, with ambitions t...
MENA upstream month in brief: Qatar asserts its dominance in the global gas market
Qatar has lifted its 12 year moratorium on the North Field, with Qatar Petroleum planning to pursue a new gas export development. The Saudi Arabian...
MENA upstream: 2016 in review - Record production despite prices, crises and ISIS
2016 was a mixed year for the Middle East and Northern Africa. Capital investment hit its lowest point since 2007 and exploration was put firmly on...
A Major win for Brazil: BP, ExxonMobil and Statoil go big in the pre-salt rounds
Brazil's profit sharing contract (PSC) Rounds 2 and 3 closed strong, confirming the global appeal of Brazil's pre-salt. The last time pure explorat...
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