Page 1 - MEOG Week 50 2020
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Issue 799           16•December•2020                      Week 50





                    ™      Unrest engulfs northern Iraq


                            Civil unrest has caused havoc in Kurdistan with public sector workers hot
                            having received full salaries since April.


                    ™      an spins the bit at SP11
                            Ir

                            Iranian has kicked off drilling ath Phase 11 of the supergiant South Pars gas
                            field though gas recovery is not expected to begin for 10 months.

                    ™      Oxy wins Abu Dhabi Block 5


                            ADNOC last week awarded the onshore Block 5 concession to Occidental
                            Petroleum as part of Abu Dhabi’s second competitive bidding round.

                    ™      Zhenhua wins Iraqi pre-pay tender


                            China Zhenhua Oil Co. has won a five-year term crude supply tender from
                            Iraq’s SOMO and will pay a $2bn pre-payment for the first year’s supply.
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