Page 1 - MEOG Week 24 2021
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Issue 823               16•June•2021                      Week 24





                    ™      BP considers spinning off Rumaila


                            Reports suggest that BP is working on a plan to spin off its holding in Iraq’s
                            Rumaila oilfield as the company proceeds with its energy transition.


                    ™      Bidding for Qatar LNG expansion


                            Six of the world’s leading oil and gas companies have reportedly bid for
                            participation in Qatar’s LNG expansion.

                    ™      amco’s funding momentum
                            Ar

                            Aramco last week raised $6bn via a dollar-denominated sukuk and is
                            reported to have hired Morgan Stanley to advise on an upcoming deal.

                    ™      Saipem’s sour gas sign-up


                            Italy’s Saipem won an EPC contract from ADNOC this week for the
                            expansion of the Shah Sour Gas Plant.
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