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Issue 881 10•August•2022 Week 32
Another good week for ADNOC Drilling
The Emirati firm is riding high as ADNOC continues to pass down billion- dollar contracts for drilling work.
Iran makes midstream progress
Iran is set to complete a pipeline to Azerbaijan while the government has issued a permit for the country’s first LNG project.
Kuwait nearing its limit
OPEC+ is unlikely to be able to call on Kuwait for many more production increases as the country nears its oil output ceiling.
Maha farms-down Mafraq stake
Sweden’s Maha Energy has farmed-down a 35% stake in Oman’s Block 70 EPSA to local firm Mafraq Energy.
