Page 1 - MEOG Week 08 2022
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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.
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