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Saudi Platform Sinks
...gher recovery rates of up to 70% from existing fields while adding some 550,000 b/d of new capacity from the Shaybah and Khurais fields by 2017, though overall capacity is set to remain at 12.5mn b/d as some older reservoirs are given a rest. Safaniyah, which was discovered in 1951 and entered into pr...
Volume: 57Issue: 01Published at Fri, 03 Jan 2014 -
MENA Power Survey - Regional Capacity Rises 4.4% to 350GW In 2013
...mpletion in 2015 (MEES, 22 February 2013). It started work on two 1.65GW CCGT plants, PP13 and PP14, due online in 2017 (MEES, 29 November 2013). It also awarded a second supercritical technology oil-fired plant, 2.64GW Shuqaiq, due online in 2017 (MEES, 16 August 2013). SEC also awarded the 2.1GW Ra...
Volume: 57Issue: 01Published at Fri, 03 Jan 2014 -
Egypt: Momentum Stutters On Gas Price Uncertainty
...oducers $1.5bn of the roughly $6bn they were owed at the time. Since Prime Minister Hazim al-Biblawi announced the measure, companies including the UAE’s Dana Gas have confirmed that payments have been made. Cairo plans to repay a further $3bn in instalments by 2017. It hopes to make its hydrocarbon se...
Volume: 57Issue: 01Published at Fri, 03 Jan 2014 -
QP Petchem Flotation
...all of Total’s operations in Congo, which among others include the Moho North Project, slated to come online in 2015, and ramp up to 140,000 b/d by 2017. Based on recent production numbers, QPI’s working interest in Total E&P Congo’s output will be around 16,000 b/d of crude, and just under 5mn cf...
Volume: 57Issue: 01Published at Fri, 03 Jan 2014