Page 1 - MEOG Week 49
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Issue 749 11•December•2019 Week 49
Impetus returns to Kuwait
Baker Hughes has hired two rigs from ADES International for drilling work onshore Kuwait, following recent scepticism about the country’s upstream.
Progress amid Kurdish concern
Gazprom Neft and Gulf Keystone Petroleum have announced noteable progress on upstream projects in Kurdistan as political issues arise.
Saudi leads deeper OPEC+ cut
OPEC and non-OPEC partners agreed to reduce combined output by an additional 500,000 bpd during Q1 2020, with Saudi promising a further cut.