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Issue 798           09•December•2020                      Week 49





                    ™      OPEC+: cracks visible despite agreement


                            OPEC+ has reached an agreement but this required a compromise between
                            two of the cartel’s largest producers.


                    ™      otal seeks buyer for Sarsang
                            T

                            French super-major Total is reported to be looking for a buyer for its 18%
                            stake in the Sarsang PSC in the Kurdistan Region of northern Iraq.

                    ™      Oman sets up EDO in sector shake-up


                            Oman has set up Energy Development Oman to leverage the sultanate’s
                            Block 6 concession to ease the strain on Muscat amid low oil prices.

                    ™      Blockade talks make progress


                            Talks between Qatar and Saudi Arabia appear to have resulted in a
                            breakthrough in improving relations between the neighbours.
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