Page 1 - MEOG Week 05 2022
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Issue 854 02•February•2022 Week 05
PNZ production push
Amid oil price and operational stability, production in the PNZ is on the rise
and there are signs that former output levels may soon be in sight.
OPEC+ staying the course
OPEC+ agreed to ease their collective production restraint by a further
400,000 bpd in March though it may have to reassess soon.
aq prepares for uptick
Ir
Iraq’s Ministry of Oil provided export and revenue figures for January while
offering more information about long-awaited projects.
OC keeps contracting
K
Kuwait Oil Co. (KOC) is expected to issue tenders for high-pressure water
injection to increase oil production from northern oilfields.