- Sort by:
- Score
- Published ▼
-
Lebanon Gas: Key Officials Fly In, Highlighting Project’s Geopolitical Significance
...pply the domestic market. At approximately 70km offshore in 1,700ms water depth, the minimum reserves size needed to justify Qana development would surely be much lower than for Cyprus, where the 4.5tcf Aphrodite find (160km offshore, 1,700 meters depth) has remained undeveloped since its 2011 di...
Volume: 66Issue: 05Published at Fri, 03 Feb 2023 -
Eni Discovery Doubles Cyprus Reserves; Is It Enough To Make It A Gas Producer?
...antities – rumored at 6-8tcf, which would put it ahead of the 2011 Aphrodite discovery – will prove commercially viable. In favor of the latest discovery, dubbed Calypso after the nymph who enchanted Odysseus, is its operator and location. Whilst almost 180km southwest of Cyprus and in 1,000ms water de...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
Accusations Fly Over South Sudan Oil Field Attack
...timates pegging production at between 160,000 and 170,000 b/d. This is just under 70% of the 245,000 b/d being pumped pre-conflict, and less than half of what it was producing in late 2011, just months after gaining independence from Sudan. NO DIRECT HIT But despite the attack, the country’s cu...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Egypt Nears 250MW Gulf Of Suez Wind Farm Tender
...vernment has also held talks with the World Bank over finance for the project. Egypt’s wind power program has been derailed by recent political turmoil following the Arab Spring and subsequent overthrow of the regime of Husni Mubarak in early 2011. So far NREA has developed a 5MW wind farm at Hurghada an...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015 -
Exxon Shrugs Off West Qurna-1 Cut
...Cs’ unattractive terms, which do not allow IOCs to book reserves, led ExxonMobil to ignore Baghdad’s threats of expulsion and sign production-sharing contracts for six KRG exploration blocks in 2011. ExxonMobil has managed to retain its WQ-1 operatorship, having reduced its stake from 60% to 25%, wh...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Iraq, KRG Narrow Differences In Oil Row But Final Accord Elusive
...ditional $2bn to the KRG, rather less than the $9bn that Erbil says is owed by Baghdad for oil sales between 2011 and 2013, when the KRG halted exports of some 150,000 b/d because of the row over non-payment to foreign contractors. But he reiterated the Iraqi government’s position that no oil could be ex...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Oman Addresses Crude Production Challenges, PDO Output Rises
...ude output. In December 2012 Oman’s crude and condensate output reached 933,000 b/d, up from 2011’s 884,900 b/d average. Crude output from the country’s main producer, Petroleum Development Oman (PDO), rose to 566,000 b/d from last year’s 549,000 b/d, and its condensate fell slightly to 92...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Libya Oil Personnel Changes
...parture of Shukri Ghanem in early 2011 has now left. However, Fuad Krekshi, who was close to Saif al-Islam Gaddafi, has so far kept his post as Chairman of the Libyan state overseas investment firm Oilinvest. Oil Minister ‘Abd al-Bari al-‘Arusi is currently working on a restructuring of the oil mi...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Turkey Plays Down ‘Bonanza’ Shale Gas Talk
...ological Survey’s 2011 estimate that the country may have 425 trillion cubic feet of unconventional shale gas. Several local experts have stoked the ongoing public debate with even higher reserves estimates. Mr Incedalci told the daily Zaman in January that “the key geological parameters of these so...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Jordan’s Iraqi Crude Imports Set To Rise To 15,000 B/D
...gher level of 12,500 b/d in the past four months. The Iraqi crude is sold at a preferential price, which allows Jordan to save about $6/B for crude delivered to the Zarqa refinery. After the January 2011 Egyptian revolution, supplies of Egyptian gas to Jordan via the Arab Gas Pipeline (AGP), wh...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013