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Qatar Changes PSAs to JVs, Invests In Al-Shaheen
...000 b/d). It expects to sign a JV with QP within two years, to operate the fields when its PSA finishes in 2016. In November Total signed a heads of agreement to form a JV (60% QP, 40% Total) to operate the 19,000 b/d offshore al-Khaleej field when the PSA expires in early 2014. Maersk and Oxy expect to get mu...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
French President Promotes Total On UAE Visit
...vitation to prequalify to bid for the concession of Abu Dhabi Company for Onshore Oil Operations (ADCO) consortium – ADNOC 60%, BP 9.5%, ExxonMobil 9.5%, Total 9.5%, Shell 9.5% and Partex 2%. Its target is 1.8mn b/d of crude production capacity by 2017. ADCO’s concession expires on 11 January 2014. After th...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
Turkish-Qatari Gas Talks Stall As Balkan LNG Terminal Discussed
...nstruction of a new regasification terminal. This could help Qatargas reach markets in southeast Europe after the Interconnector Turkey-Bulgaria (ITB) pipeline is commissioned in 2014. The new LNG terminal, located on the Gulf of Saros in European Turkey, close to the Greek-Turkish border, is ex...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
SEC Lines Up ACWA-Led Consortium For Rabigh-2 IPP
...P 4,000 Eastern Province Under construction 2014 Rabigh IPP2 1,700 140km north of Jiddah Planning stage 20...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
2012 Jordan’s ‘Most Difficult Year’ Since Early 1990s
...the second half of 2014. There are also plans to build a pier for supply vessels and an LNG terminal, as well as a new crude oil pier (MEES, 20 August 2012). ...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
Samba Projects Fall In Saudi Real GDP Growth In 2013-15
...anian output. Samba adds that that it sees fundamentals easing in 2013, as additional supply from Iraq and North America will have more of an impact. Therefore it projects an easing of Saudi oil production by around 4.5% in 2013, but in 2014-15 a pickup in world demand should lead to a co...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013