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.