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Aramco Awards Bring Forward Shaybah 1Mn B/D Target To 2016
...vest some of its $500mn fund for technology startups in the Boston area, Mr Falih says. Aramco: Key Crude Additions (‘000 B/D Capacity) Field Now By 2017 Shaybah 750 1,...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Kurdish Oil Heads North But Not Yet To Sea
...r substantial gas resources at Miran and Bina Bawi for the Turkish market.” The GSA concluded with Ankara in November 2013, calls for an initial 4 bcm/year of gas exports starting in 2017, rising to 10 bcm/y by 2020 and the option of increasing to 20 bcm/y thereafter, Genel says. It anticipates th...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Socar Turkey Picks FW For Aliaga PMC
...rm AMEC has already completed front-end engineering and design (FEED) for the plant. Foster Wheeler envisages 2017 start-up for the 200,000 b/d, $4.35bn plant, which will be able to process a range of crudes including Russian Urals, Azeri Light and Iraqi Kirkuk. Socar last year awarded the pl...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Jordan Pushes Shale And Wind In Quest For Diversity
...ocurement and construction (EPC) of the 540MW power plant for start-up in the second half of 2017. The ministry expects the plant to save JD350mn ($494mn)/year on importing of oil for power plants. Enefit says Switzerland-based Foster Wheeler will provide a circulating fluidized bed boiler island and Ge...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Egypt: Sisi In The Wings As Arab Spring Challenges Remain Center Stage
...s able to pay back $1.5bn of its debts to IOCs late last year, with the promise to pay a further $3bn in instalment by 2017. The prospect of higher remuneration for gas produced in high-cost offshore developments has meanwhile reinvigorated interest in Egyptian acreage. Unfortunately for the fu...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014