Page 1 - MEOG Week 11 2023
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Issue 910              15•March•2023                      Week 11





                    ™      amco: another record breaking year
                            Ar

                            Saudi Aramco rode a wave of improved demand and bolstered oil prices to
                            achieve a nearly 50% increase in full-year profits.


                    ™      Oman’s oil output increases


                            Omani data shows that the country’s oil output rose by nearly 10% during
                            2022 to 1.064mn bpd compared to 971,236 bpd in 2021.

                    ™      East Baghdad well completed


                            The Iraqi Drilling Co. (IDC) announced last week that it had completed the
                            drilling of a well at the East Baghdad oilfield, to the south-east of the capital.

                    ™      an returns to LNG project
                            Ir

                            Iran has recommenced work on a major gas liquefaction project that it was
                            forced to abandon several years ago due to sanctions.
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