Page 1 - MEOG Week 08 2022
P. 1
Issue 857 23•February•2022 Week 08
aq seeks gas, sets output target
Ir
Iraq is working to reach agreements on gas development and supply deals as
it nears completion of a major project to improve domestic production.
Saudi increases output, OPEC+ support
Data formally confirmed this week that Saudi Arabia’s oil production
increased by 110,000 bpd during December, in line with its OPEC+ quota.
Delek Drilling becomes NewMed Energy
Israel’s Delek Drilling this week rebranded itself as NewMed Energy,
announcing plans to enter the Moroccan upstream.
IDC kicks off Majnoon drilling
The Iraqi Drilling Co. (IDC) has begu drilling the first of a 43-well drilling
campaign at the supergiant Majnoon oilfield.