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Total Still Leads The Pack On UAE’s Adco Concession
...om 2017, when total production from the onshore fields, operated by the renamed Abu Dhabi Company for Onshore Petroleum Operations Limited (Adco), is set to rise to 1.8mn b/d. WORTH THE COST “The second aspect is that it is for 40 years, which is quite unique in terms of length,” Mr Michel sa...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015 -
Saudi Arabia Advances Carbon Capture Project
...ing raised to produce an additional 300,000 b/d of Arabian Light Crude by 2017. These two projects will complete capacity enhancement projects, allowing the OPEC kingpin to maintain production capacity at 12.5mn b/d without developing any new resources. That would also limit its ability to boost as...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
BG Lays Bare Egypt Woes But Improved Payments Offer IOCs Hope
...nded out in monthly instalments by 2017. Such payments – and Cairo is desperate to keep IOC interest in Egypt’s upstream – will receive a boost if an additional $4bn in rumored Saudi aid materializes. Whilst IOCs’ total Egyptian receivables remain around $6bn, for the four key producers for which ME...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
Iraq Hires Big Law Firm To Thwart KRG Export Plans
...t to rise to 60,000 b/d later in the year and reach a plateau of 170,000 b/d by 2017. The project was delayed amid doubts as to whether the Russian company would be allowed to remain in southern Iraq, after it farmed into three production-sharing contracts in the Kurdish region. One of the junior pa...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
Oman Shake-Up Eyes Spot Generator Market By 2017
...OMAN Oman Shake-Up Eyes Spot Generator Market By 2017 Oman plans to introduce competition among generators by introducing the Middle East’s first spot market for electricity from independent power producers (IPPs) by 2017. State utility Oman Power and Water Procurement Co...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
ADCO: BP Expects No DecisionFor At Least A Year
...e UAE. Politics is expected to play a part in the decision of who ends up with a stake in the prized concession, where production is set to increase to 1.8mn b/d by 2017 with a number of new European players invited to bid alongside Chinese, Japanese and South Korean players more likely to bid ag...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
Gulf Refiners Plan 1Mn B/D Additions By End-2014
...C awarded. Saudi Aramco Jazan, S Arabia 400,000 b/d. Under construction, due onstream 2017. OOC/IPIC (DRPIC) Duqm, Oman 230,000 b/d, due onstream 2018. FEED bids being st...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
QP Considers Next Step For North Field
...her developments. The gas allocation to ExxonMobil’s cancelled Palm GTL plant has been allocated to the company’s Barzan project, with its ethane feedstock supplying QP/QAPCO’s $5bn petrochemical joint venture, which is in FEED stage, set to come on stream in 2017. Development Options Do...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Iraqi Production Rise Hits Hiccup
...685 525 200 640 6,050 1,050 2017 5,740 585 220 655 7,200 1,...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Eni Starts MLE Production Amid Expanded Corruption Probe
...ourde Nouss – are both gas whilst IOC-operated projects (all gas-focused) in the works have suffered years of delays and are not slated to come onstream before 2016 or 2017 at the earliest, even before the potential for further delays related to post-In Amenas security reassessments. So...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Oman Plans 2013 Tender For Duqm Liquids Terminal
...bruary, an official at the Port of Duqm Company (PDC) which operates and manages the port, said the tender for the new oil terminal at the Duqm Special Economic Zone (SEZ) would be floated before the end of the year, and that they hope for it to be operational by 2017. “We are now working on the fo...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Gulf Refiners Progressing Upgrading And Expansion Projects
...an Planning to raise capacity by 82,000 b/d to 197,000 b/d by mid-2016 DRPIC (OOC/IPIC) Duqm, Oman New 230,000 b/d plant due on-stream 2017 KNPC Al-Zour, Kuwait New 61...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
SEC Revises IPP Program To Add Second Dhuba Plant, Adjust Timings
...r a 1.81gw plant with a completion schedule of 2017, rather than 2016 as shown in the revised program. SEC said at the time that it would begin negotiations with the ACWA led group for a build-own-operate (BOO) development with a view to reaching financial close by the end of March 2013. IP...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Iraq’s 20 Years Electricity Master Plan
...s reports and in the media, but also less than half of what is plotted in the plan’s chart for the two past years. Furthermore, the plan envisages a utilisation factor in excess of 75% from 2013, climbing to around 85% from 2017. In the quarterly report of the January 2010, the US Special In...
Volume: 54Issue: 06Published at Mon, 07 Feb 2011 -
A Tentative Forecast For Iraq’s Oil Production 2010-20
...at three times the present production capacity of 2.5mn b/d and double the highest rate Iraq achieved in 1979. In the Second Licensing Round in December seven more fields (reserves conservatively estimated at 35bn barrels) were awarded. Another 4.8mn b/d of production capacity may be added by 2017...
Volume: 53Issue: 06Published at Mon, 08 Feb 2010 -
ESAI Says Bush’s Gasoline Reduction Targets Unrealistic If Based On Ethanol
...mand projection shy of 11mn b/d by 2017, that would equal at most 1.1mn b/d of ethanol.” The second most likely ethanol/gasoline blend, according to ESAI, would be E85 (85% ethanol) and the president’s pledge would force the adoption of this blend. However, ESAI believes E85 has many pitfalls. “E8...
Volume: 50Issue: 06Published at Mon, 05 Feb 2007