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.