Publications

Gaming Out the Proposed Price Cap on Russian Oil

Colin Ward, Emre Hatipoglu, Majed A. Al Suwailem

In a June 29, 2022, communique, the G7 countries agreed to explore ways to impose a price cap on Russian oil exports. The main mechanism would be a ban on the provision of insurance, logistics and financial services by G7 nations for…

Ward, Colin

Hatipoglu, Emre

Al Suwailem, Majed A.

How Long Will the Semiconductor Crisis Affect the Traditional Automotive Sector? Implications for car fuel demand

Rubal Dua, Hamid M. Al Sadoon, Majed A. Al Suwailem

The 2020 semiconductor crisis has hit the automotive sector, as well as many other sectors. As a consequence of the COVID-19-induced shock, a worldwide semiconductor supply-demand imbalance arose between 2020 and 2022. Demand grew by around 17% annually while manufacturing…

Dua, Rubal

Al Sadoon, Hamid M.

Al Suwailem, Majed A.

Digital Transformation in the Oil and Gas Industry: Hype or Hope?

Majed A. Al Suwailem, Abdelghani Henni

For decades, the oil and gas (O&G) industry has provided the globe with the best value proposition in the form of reliable, affordable, and safe energy supplies. As global population projections soar, demand for all forms of energy is also set to rise,…

Al Suwailem, Majed A.

Abdelghani Henni

Reframing of Global Strategies and Regional Cooperation Pathways for an Inclusive Net-Zero Strategy in the Energy Transition Framework

Dongmei Chen, Julio Arboleda, Jitendra Roychoudhury, Majed A. Al Suwailem

Integrated Oil Companies and the Requiem for a Transition: How Are They Coping with Climate Change?

Majed A. Al Suwailem, Bertrand Rioux

Integrated oil and gas (O&G) companies operate vertically integrated businesses that span the O&G value chain. In this way, they can leverage expertise across multiple domains rather than just focusing on exploration and production (E&P). Examples of such companies include…

Al Suwailem, Majed A.

Rioux, Bertrand

Implications of the 2021 Iran-China Deal for the Oil Market

Emre Hatipoglu, Majed A. Al Suwailem

In late March 2021, China and Iran signed a cooperation pact to stimulate investments in Iran’s oil, gas and petrochemical infrastructure. We refer to this pact as the ‘Iran-China deal’ throughout this manuscript. This deal attracted substantial attention for its…

Hatipoglu, Emre

Al Suwailem, Majed A.

Are Bankruptcies Healthy For The Tight Oil Sector?

Majed A. Al Suwailem, Malik Selemankhel

Between January 2015 and mid-2020, about 69 of the approximately 2,160 small-to-medium independent oil companies operating in the tight oil sector filed for Chapter 11 protection. These filings mostly occurred in 2016 and 2019. A lack of financial discipline and…

Al Suwailem, Majed A.

Selemankhel, Malik

World’s First Blue Ammonia Shipment Signals Prospective New Low-Carbon Energy Trade for Saudi Arabia

Rami Shabaneh, Majed A. Al Suwailem, Jitendra Roychoudhury

On September 27, 2020, Saudi Aramco successfully exported the world’s first shipment of carbon-neutral ammonia to Japan, helping to fuel the nascent Japanese hydrogen economy. This pilot shipment of 40 tonnes is an important realization of the hydrogen economy for…

Shabaneh, Rami

Al Suwailem, Majed A.

Roychoudhury, Jitendra

Natural Gas Utilization in GCC Countries

Majed A. Al Suwailem, Abdullah Aldayel

Between 2009 and 2019, marketed gas production by Gulf Cooperation Council (GCC) members has grown at an average rate of 4.8% per annum, from 265 billion standard cubic meters in 2009 to 422 billion standard cubic meters (Bscm) in 2019.…

Al Suwailem, Majed A.

Aldayel, Abdullah

Saudi Arabia’s Gas Flaring Mitigation Experience

Majed A. Al Suwailem

Gas is envisaged as the fuel of choice in the power sector and is the ideal fuel to help transition toward clean, sustainable, and affordable energy access. As vital as gas is for electricity generation, the petrochemical industry, the transportation…

Al Suwailem, Majed A.

Crude Oil Reserves Metrics of GCC Members

Majed A. Al Suwailem, Abdullah Aldayel

As of December 2018, the Gulf Cooperation Council (GCC) countries had combined proven reserves of 497 billion barrels of crude oil. This represents approximately 34% of the world’s estimated proven crude reserves.

Al Suwailem, Majed A.

Aldayel, Abdullah

The Prospect of Unconventional Gas Development in Saudi Arabia

Rami Shabaneh, Majed A. Al Suwailem

In February 2020, Saudi Aramco announced that it obtained regulatory approval to develop the Jafurah Basin, Saudi Arabia’s largest unconventional natural gas field (Figure 1). Situated east of the giant Ghawar oilfield, it contains 200 trillion cubic feet (tcf) of…

Shabaneh, Rami

Al Suwailem, Majed A.

Fit-For-Purpose Energy Transition Strategies: Case Studies from G20 Members

T20

While the G7 is responsible for most anthropogenic climate change, the global climate challenge is being exacerbated as large populations in Asia and Africa move toward universal electricity and energy access that use large amounts of high carbon-emitting fossil fuels.…

Majed A. Al Suwailem, Kaushik Deb, Shahad Turkistani, Kanako Tanaka, Dongmei Chen, Anupama Sen, Koichi Yamada

U.S.-Iran Tensions and the Waiver Renewal for Iranian Gas Exports to Iraq

Majed A. Al Suwailem, Saleh Al Muhanna, Rami Shabaneh

Following the assassination of Iranian General Qasem Soleimani in Baghdad on January 3, as a result of a United States (U.S.) airstrike, the Iraqi Parliament passed a resolution stating that it “must work to end the presence of any foreign…

Al Suwailem, Majed A.

Al Muhanna, Saleh

Shabaneh, Rami

Leveraging Intellectual Capital to Enhance Collaboration and Technology Deployment While Mitigating Freedom to Operate Risks in the Partitioned Zone

Majed A. Al Suwailem

Saudi Arabian Chevron, Inc. (SAC) established a robust, evergreen Intellectual Property Program to manage its intellectual property assets across the onshore portioned zone. The program applies Chevron’s intellectual property asset management system and accounts for government regulations and specific intellectual…

Al Suwailem, Majed A.

Devising and Optimizing Development Strategies for South Fuwaris Field Using Integrated Reservoir Simulation Models

Majed A. Al Suwailem

The South Fuwaris Field is located in the Partitioned Zone (PZ) between Saudi Arabia and Kuwait and is operated jointly by Saudi Arabian Chevron (SAC) and Kuwait Gulf Oil Company (KGOC). South Fuwaris produces light crude (240 API) from two…

Al Suwailem, Majed A.

Pushing Maximum Reservoir Contact Applications to New Limits in Tight Facies: A Case Study of Middle East’s Highest Reservoir Exposure Producer

Majed A. Al Suwailem

The paper presents the evolution of reservoir management strategies that supported a recently drilled penta-lateral producer, which set a company record of total reservoir contact in a major greenfield in the Middle East. This paper will investigate the maximum reservoir…

Al Suwailem, Majed A.