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Egypt: BP’s Raven Delayed
...re brought online in March 2017 but saw output rapidly decline, falling from 640mn cfd for 2017 to 380mn cfd for 2018 (MEES, 15 March 2019). BP hopes overall WND plateau output will reach 1.4bn cfd once all three phases are brought online. This equates to 22% of Egypt’s current 6.3bn cfd gas ou...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Tunisia Gas Output At Record Lows
...the region, implements a 2017 agreement to over pay and working conditions. ...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
US LNG Exports Hit New Record
...ns for 11M19, already well ahead of 2018’s annual record of 2.35mn tons) a clear second. China, with 1.99mn tons was the US’ second largest overseas market in 2017 after South Korean) volumes collapsed in the second half of 2018 with the onset of a still-ongoing trade dispute; just four cargoes sa...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Taqa Completes $3.5bn Refinancing
...ter oil prices collapsed in 2014. This focused on cutting capital expenditure and reducing debt (MEES, 17 November 2017). Taqa’s main business segments are power and water, mainly in the UAE but also internationally, as well as upstream oil and gas. Upstream Taqa has producing operations in Iraqi Ku...
Volume: 63Issue: 02Published at Fri, 10 Jan 2020 -
Aramco JV Refinery On Test
...Malaysian state oil firm Petronas has begun trial runs of the CDU at the 300,000 b/d Rapid JV refinery in the southern Johor province, according to Reuters. Saudi Aramco is equal partner with Petronas in the project, having paid $7bn in 2017. The partners are looking to reach full commercial op...
Volume: 62Issue: 02Published at Fri, 11 Jan 2019 -
EDF Seeks Buyer For EDISON Egypt, Algeria Assets
...committed to the plans in an attempt to quash rumors that the company planned to quit Egypt (MEES, 21 December 2018). Edison’s other key production is in Algeria, where is has 11.25% of the 2.9bcm/y Reggane North development in the country’s far southwest which started up in late 2017 (MEES, 22 December 2017...
Volume: 62Issue: 02Published at Fri, 11 Jan 2019