1. Bid Round Puts Algeria’s New Hydrocarbon Law To The Test

    ...ALGERIA Bid Round Puts Algeria’s New Hydrocarbon Law To The Test Algeria launched its first bid round since 2011 this week, seeking to stem declining output with improved terms. But it will have to banish the ghosts of In Amenas. Algeria launched a long-anticipated bid round this we...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  2. Gas The Priority For Iran’s New Oil Team

    ...14 2020+ 1.8 77 14 50 2014 2020+ 1.8 77 15,16 90 2011...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  3. Jordan Left With Few Gas Options After BP Abandons Risha

    ...an. Yet, a severely limited set of options may force Jordan to look seriously at Israeli gas import proposals going forward. Until January 2011, Jordan depended on Egyptian gas supplies via the Arab Gas Pipeline (AGP). Contracted volumes called for 250mn cfd of exports to Jordan to supply power st...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  4. Libya: Situation Normal, All Falling Apart

    ...my is no match for the plethora of militia groups that effectively control the country. These include radical Islamists that have made their presence noticed by fighting government forces in Benghazi. The militias’ unchecked rule has led to the unlawful incarceration of thousands of Libyans since the 2011...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  5. Sudan’s Upstream Banking On Repeat Business

    ...SUDAN   Sudan’s Upstream Banking On Repeat Business   Sudan is looking to drum up interest in its stalled upstream, close to three years after losing the majority of its oil producing assets due to South Sudan’s independence in July 2011: since the South’s secession production ha...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  6. Upper Zakum Extended, Terms Sweetened

    ...morandum of Agreement brings together the expertise of two of our investee companies currently operating across diverse geographic regions.” Cosmo has a small concession in Abu Dhabi, which was renewed in 2011. Abu Dhabi Oil Company (Cosmo 63%, Nippon 31.5%, Tepco 1.8%, Kansai 1.8%, and Chubu 1.8%) op...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  7. Kufpec Scales Up Ambitions With Shell LNG Buyout, RWE-Dea Bid

    ...bmitted the highest bid – of about $6.8bn – when proposals were due this week, the Wall Street Journal reports.   RWE-DEA Oil & Gas Production (Net)   2012 2011 Oil (‘000 b/d): Germany 13...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  8. Syria: The Cost Of War

    ...SYRIA Syria: The Cost Of War As the Syrian civil war enters its fourth year, the Syrian Deputy Prime Minister for Services and Minister for Local Administration ‘Umar Ghalawanji puts the damage to the economy from March 2011 to date at S£3,250bn ($21.7bn): S£2,528bn ($16.9bn) in in...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  9. Yemen: 2014 Budget Looks To Patch Holes In Violence-Fueled Revenue Slump

    ...14, both figures represent a real-terms cut. Table 2: Yemen’s 2014 Budget (Yr Bn)              2014 2013 % Change 2012 2011 Revenue 2,...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  10. ILO Report Offers Stark MENA Outlook

    ...erage. Of course, high youth unemployment in countries such as Egypt and Tunisia is often cited as a key catalyst for the 2011 ‘Arab Spring’ uprisings. But the data is now far worse; for North Africa youth unemployment rose by almost six percentage points between 2010 and 2013, another ‘world’s worst’ pe...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  11. Iraqi Oil & Gas Data, 2013 (‘000 B/D)

    ...v 2013 2012 2013/12 2011 2010 2009 ‘000 b/d % Crude Production (Federal Areas) 3,...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  12. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 97.32 93.38 92.76 97.91 93.85 97.54 105.73 98...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014