Page 1 - DMEA Week 43 2020
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Issue 463 29•October•2020 Week 43
Libya back on track
The UN-brokered ceasefire agreement between GNA and LNA may bring the
Libyan oil production back up to year-ago levels soon.
OMV closes $4.7bn Borealis deal
Austria’s OMV has closed a $4.7bn with Mubadala that will give it majority
control over petrochemicals giant Borealis.
SABIC swings back
Saudi petrochemicals giant SABIC has recorded a quarterly profit after three
straight quarters of losses.
Idku LNG back in action
The Idku LNG terminal in Egypt has loaded its first export cargo since July,
after a slow year.
