SDX Encounters Commercial Natural Gas in Morocco
The MENA-focused oil and gas company, SDX Energy, encountered commercial quantities of natural gas at its OYF-2 well in Morocco
News / International
Saudi Aramco, Samsung Ink Gas Deal
The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (km) east of Saudi Arabia's capital Riyadh. The area includes a gas injection facility of 1,500 million standard cubic feet per day (mmscf/d) and a gas reprocessing facility of 2,000 mmscf/d.
PDO Drills the 1,000th Well at RTQ Cluster
Petroleum Development Oman (PDO) drilled the 1,000th well at Marmul-Rahab-Thuleilat-Qaharir (RTQ) cluster located in South Oman.
Eni Discovers Natural Gas, Condensates in UAE
Italian giant, Eni has succeeded in making a natural gas and condensates discovery in the Mahani concession, which is located in Sharjah in the UAE.
Libya’s Production Drops to 284,153 BBL/D
Libya’s National Oil Company (NOC) declared that the country's oil production has dropped significantly in the week to January 24, 2020. The country's oil production reached 284,153 barrels per day of crude oil (bbl/d).
Oman’s Natural Gas Production, Imports Surge by 0.08%
Oman’s natural gas production and imports surged by 0.08% year-on-year (YoY) at the end of November 2019. The country's natural gas production and imports reached around 42.194 billion cubic meters (bcm).
OPEC to Extend Production Cuts Until Year- End
The Organization of the Petroleum Exporting Countries (OPEC) could extend its oil production cuts until the end of 2020.
Saudi Aramco Ranks Among Most Valuable Brands
Saudi Aramco has been named the most valuable brand in the Middle East and North Africa (MENA) region with a brand value of around $46.8 billion.
Production to Resume in Wafra Field
Wafra field, located in the Neutral Zone, will restart its oil production by March, according to Khaled Al-Fadhel, Kuwaiti Oil Minister.
Jordan’s Maan Refinery to Commence Production in 2024
Jordan’s Maan refinery is anticipated to commence production in H2 2024. The project is a joint investment of Jordanian, Kuwaiti and American investors.
