IEA predicts surplus in global oil market for 2026
The anticipated surplus would account for nearly 4% of global demand.
15 October 2025
15 October 2025
The anticipated surplus would account for nearly 4% of global demand.
Initial tests at the Jazah-1 well indicate production exceeding 29mcf/d of natural gas.
Out of the 480 exploratory oil wells, 101 are scheduled for 2026.
The HI gas project aims to deliver 350mscf/d of gas to NLNG.
Seascape Energy and JV partners will now focus on securing a drilling rig and pinpointing the drilling site to test the Kertang prospect.
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