Page 1 - MEOG Week 50 2021
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Issue 849 15•December•2021 Week 50
aq’s attention turns to Majnoon
Ir
The super-giant Majnoon oilfield is the next on the list for Baghdad which is
pushing hard to drive a 3mn bpd increase in its oil production capabilities.
PNZ production push
Kuwait and Saudi Arabia are working to increase oil production from their
shared Partitioned Neutral Zone (PNZ).
ar reparations complete
W
Iraq will soon complete the payment of reparations to Kuwait for damage
caused during the invasion of the country in 1990.
Sharjah eyes licensing round
The emirate of Sharjah is considering holding an offshore licensing round in
2023 as its state oil firm works to develop a sizeable onshore gas deposit.