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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.