Page 1 - MEOG Week 20 2022
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Issue 869               18•May•2022                       Week 20





                    ™      amco back in the headlines
                            Ar

                            Aramco made headlines this week, posting bumper first-quarter results and
                            mulling the idea of listing its trading arm.


                    ™      aq reduces oil target
                            Ir

                            Iraq’s Oil Minister this week said the country is working to increase oil
                            output capacity to 6mn bpd by 2027, down 2mn bpd from its last target.

                    ™      NIOC sets out Azadegan plan


                            NIOC plans to award a contract for the expansion of the Azadegan oilfield to
                            a local consortium.

                    ™      AO kicks off drilling work
                            TP

                            TPAO has announced plans this week to kick off Turkey’s largest ever drilling
                            campaign.
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