Page 1 - MEOG Week 47
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Issue 796 25•November•2020 Week 47
amco launches brownfield LTA pool
Ar
The new pool complements the group of companies already signed up to
carry out major offshore work.
aq seeks pre-payment to fill deficit
Ir
Iraq’s SOMO this week proposed to its crude oil clients a pre-payment option
as Baghdad seeks to use future oil sales to plug a major budget deficit.
Chinese firms eye West Qurna-1 stake
State-owned CNPC and CNOOC are reported to be interested in buying
ExxonMobil’s 34.7% stake in Iraq’s giant West Qurna-1 oilfield.
Abu Dhabi makes major finds
Abu Dhabi’s Supreme Petroleum Council announced the discovery this week
of large conventional and unconventional oil deposits.