Page 1 - MEOG Week 18 2021
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Issue 817 05•May•2021 Week 18
aq’s focus shifts to gas
Ir
A string of announcements relating to the Iraqi gas sector this week indicates
that the tide may finally be turning.
abian Drilling readies for IPO
Ar
Saudi Arabian state-backed Arabian Drilling Co. (ADC) is understood to be
preparing to launch an IPO.
amco posts 30% profit increase
Ar
Aramco announced its Q1 results this week, recording a net profit of
$21.7bn, up from $16.7bn during the same period last year.
Basra Oil Co. considers WQ-1 move
Iraqi Oil Minister Ihsan Abdul Jabbar said this week that the country’s Basra
Oil Co. could acquire ExxonMobil’s stake in the West Qurna-1 oilfield.
