Page 1 - MEOG Annual Review 2021
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Annual Review 2021
The year of OPEC+
The expanded group enforced major production cuts, propping up prices
throughout the year and achieving some stability during a time of crisis.
amco’s asset deals
Ar
A year of talks culminated in the leasing out of a share in Saudi Aramco’s oil
and gas pipeline networks, bringing in nearly $28bn.
aq’s big upstream boost
Ir
France’s TotalEnergies signed a 25-year deal with Iraq that will see it boost
oil, gas and electricity production while embracing energy transition.
Gulf NOC make climate statements
In the run up to and following the COP26 climate conference, Gulf NOCs
plotted their energy transition courses and announced targets.
