Page 1 - MEOG Week 29 2021
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Issue 828 21•July•2021 Week 29
OPEC+ makes compromises
Saudi Arabia and the UAE moved past their differences with OPEC+
agreeing to extend the easing of cuts while giving higher baselines to some.
an to begin first loading at Jask
Ir
The first crude will begin being loaded this week from Iran’s new Jask Oil
Terminal following the arrival of oil through the Goreh-Jask pipeline.
OC plans drilling to increase capacity
K
Kuwait Oil Co. intends to drill more than 750 wells in the north of the
country as it seeks to increase its oil production capacity.
Oman to kick off bid round
Oman will begin accepting bids for three hydrocarbon concessions next
month under its 2021 Licensing Round.
