- Sort by:
- Score
- Published ▼
-
Egypt Extends Deadline On Key Offshore Block
...05). A development lease had already been granted based on four gas fields discovered by Apache, and Hess made a further discovery (Dekhila) in 2008 (MEES, 22 December 2008). But though production had been slated to begin in 2009, development never happened. Hess relinquished the block in 2011 having fa...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022 -
Egypt Posts 10-Year High LNG Exports Of 6.8mn Tons For 2021
...ghest monthly figures since 2011 (see charts 1 & 2). Egypt has two LNG liquefaction facilities. The 7.2mn t/y ELNG terminal at Idku (Shell 36.75%, Petronas 36.75%, TotalEnergies 2.5% and 12% each for Egypt state firms EGPC and Egas) shipped 3.82mn tons or 58 cargoes for 2021 according to figures fr...
Volume: 65Issue: 02Published at Fri, 14 Jan 2022 -
Sonatrach’s $40bn Five-Year Plan: Spending Is Not Enough
...S 2016 HIGH SOURCE: JODI, MEES. 3: ALGERIA COMPLETED CLOSE TO 1300 DEVELOPMENT WELLS BETWEEN 2011 AND 2019 SOURCE: SONATRACH, MEES. 4: ALGERIA MADE 271 OIL AND GAS 'DISCOVERIES' BETWEEN 2011 AND 2020 ENDLESS EXPLORATION Algeria’s rig co...
Volume: 64Issue: 02Published at Fri, 15 Jan 2021 -
Libya Revenues At 5-Year High But Remain Unstable As Noc Eyes Gas Boost
...volutionary year of 2011. At a press conference in Benghazi on 6 January NOC chief Mustafa Sanalla said the country’s current output is 953,000 b/d, with a 2018 average figure of 1.107mn b/d. The latter figure, presuming that it is accurate, almost certainly includes NGLs. MEES estimates Libya’s 2018 cr...
Volume: 62Issue: 02Published at Fri, 11 Jan 2019 -
Oman, Bahrain, Qatar Follow Saudi In Hiking Fuel Prices
...ve been widely domestically criticized. Independent MP Jamal Dawud said that “the decision will make the poor poorer.” Meanwhile, the main Shia political bloc Al-Wifaq, that has boycotted parliament since 2011, said the decision” reflects a futile and impromptu management of economic policies in the ki...
Volume: 59Issue: 02Published at Fri, 15 Jan 2016 -
Khartoum Gets Involved In Southern Sudanese Conflict
...eaking away from one another in July 2011, the economic futures of Sudan and its neighbor to the South are still very much linked – none more so by way of their oil industries. South Sudan is still dependent on the North for its oil export pipeline, as it remains the only existing and viable route by wh...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
IOCs Welcome New Egyptian Bid Round As Sign Of Progress
...2010 for North El Mahala Centurion N El Fayrouz Offshore North Sinai 2,280 9 2011 for North El Fayrouz Offshore Tharwa N Po...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Petroceltic Focuses On North Africa As Investment And Production are Set To Slump
...ined three new concessions in Egypt with the finalization of awards from 2012 EGAS and 2011 EGPC bidding late last year (two blocks and one block, respectively – all in partnership with other firms), more than tripling its exploration acreage in the country. The business outlook for Egypt improved ma...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Baghdad’s New Oil Leadership Faces Stiff Challenges
...hieved last August. And while average crude supply to refineries last year was certainly up on 2009’s 440,000 b/d, it was only a marginal improvement on 2011’s 565,000 b/d. And given low gasoline output from the ageing units, upgrades are badly need to cut down on expensive imports. Northern Di...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Algeria Fleshes Out New Oil Law
...ly nine blocks were awarded of 36 on offer in the three bid rounds – 2008, 2009 and 2011 – conducted since Algeria introduced the current hydrocarbons law (MEES, 21 March 2011). Several large IOCs have headed for the exits – most recently ConocoPhillips, which cited a desire for “improved returns on ca...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Aramco Eyes Seven-Well Red Sea Drilling Drive
...aditional Eastern Province heartland. Aramco has boosted gas reserves for at least 12 straight years from 1999 to 2011. And raw gas production has risen for all but one of those years (MEES, 4 June 2012). Nevertheless a gas shortage looms for the Kingdom, with liquids burning for power generation on the in...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
UAE Misses 3Mn B/D Crude Target, Set To Become Net Gas Importer
...rned 3.21mn barrels of crude and 2.74mn barrels of gasoil in power stations (MEES, 23 April 2012). This is expected to have increased in 2011 – when peak power demand leapt 14%, and to have risen further to meet 2012’s expected 10% growth. State-owned IPIC and Mubadala, in a 50:50 joint ve...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Ishai Drilling Disappointment May Change Israel’s Gas Export Views
...place in Ishai is shifting the balance of power in favor of the conservationist lobby inside Israel’s fractious decision-making mechanism. Estimates published by Ryder Scott in June 2012, which were based on detailed 3D seismic studies completed as late as June 2011, projected a very high pr...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
MENA Active Drilling Rigs, December 2012
...cember 2012 breakdown* Dec 2012 Nov 2012 Dec/ Nov Oct 2012 Dec 2011 2012/ 2011...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013