Page 1 - MEOG Week 36 2022
P. 1
Issue 885 07•September•2022 Week 36
aq maintains drilling push
Ir
Iraq’s oil production has risen marginally as drilling continues, but technical
issues with loading facilities have constrained exports.
Establishing the East Med
Establishing short subsea links with Egypt may be a faster and cheaper way
to launch exports than waiting for EastMed.
OPEC+ cuts back as prices slide
OPEC+ this week elected to row back on last month’s increase in the wake of
falling prices and demand concerns.
Emirati firm looks to buy holding from Shell
Dubai-based Wellnord is reportedly prepared to buy Shell’s 50% stake in its
Salym Petroleum Development joint venture with Russia’s Gazprom Neft.