Page 1 - MEOG Week 12 2022
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Issue 861              23•March•2022                      Week 12





                    ™      amco income skyrockets
                            Ar

                            Saudi Aramco has announced bumper results for 2021 and plans to increase
                            spending to hike oil production.


                    ™      INOC concerns weigh on Iraq


                            Iraq’s ambitious plans to increase oil production capacity from 5mn bpd to
                            8mn bpd by 2027 are under threat amid concerns about INOC.

                    ™      Deal signed for Dorra gas field


                            Kuwait and Saudi Arabia this week agreed a deal for the belated development
                            of the offshore Dorra gas field in the shared Partitioned Neutral Zone.

                    ™      Jordan kicks off exploration effort


                            Jordan’s National Petroleum Co. last week kicked off exploration efforts in
                            the eastern Jafr and Sirhan concessions.
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