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.
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