MEOG Week 33 2021
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Issue 832 18•August•2021 Week 33
PNZ pipe and Chevron case
Gas has begun flowing from a new pipeline in the Partitioned Neutral Zone while a US court has denied an appeal pertaining to historic rents.
EDO raises debt
Energy Development Oman (EDO) this week announced that it raised $2.5bn worth of debt in its first financing since its establishment last year.
Bai Hassan under fire
Iraq’s Bai Hassan oilfield was once again the target of a militant attack this week with explosives believed to have been detonated by so-called IS fighters.
Pakistan gives nod to UAE effort
Pakistan this week gave the go-ahead for a consortium of local oil and gas companies to invest $400mn in an exploration block included in the UAE.