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Egypt: BP Plans Fast-Track El King Development
...2002 by US firm Apache, a BP spokesperson tells MEES. Whilst Apache subsequently walked away, the prospects of commercial development have since been boosted by BP’s nearby West Nile Delta (WND) development, which started up in 2017. The nearest infrastructure at the Giza field is just 20km ea...
Volume: 68Issue: 07Published at Fri, 14 Feb 2025 -
Cheiron Taps Funds For 100mn cfd Egypt Development
...th first gas potentially as early as June, although slippage to H2 is possible, a source at Egypt’s oil ministry says. Engie (formerly Gaz de France), which discovered the field in 2008 (MEES, 9 June 2008), went as far as filing a development plan before selling up to Cheiron in 2017. Ch...
Volume: 68Issue: 07Published at Fri, 14 Feb 2025 -
Eni Eyes ‘Best Fast-Track Development’ For Cyprus Cronos Find
...tal Cyprus blocks are due to expire in 2025, with Nicosia expected to agree to renewals despite several of the blocks not having been drilled since being awarded as far back as 2017. 2026 may also see Eni and Total revisit the Cuttlefish prospect on Block 3 where Turkish warships prevented dr...
Volume: 67Issue: 07Published at Fri, 16 Feb 2024 -
Kurdistan’s Baeshiqa Field Set For Q2 Startup
...crease significantly, along with considerable volumes being moved into the 2P category. The bulk of current resources, 37.8mn barrels, are within the Baeshiqa structure. BAESHIQA SUPPLEMENTS TAWKE Baeshiqa will be the first new asset that DNO has brought online in Kurdistan since Peshkabir in 2017...
Volume: 65Issue: 07Published at Fri, 18 Feb 2022 -
Oman Capitalizes On Opec+ Condensate Exemption With 2020 Output Surge
...rgely enabled by the BP-led development of Block 61’s Khazzan tight gas field, which reached full phase-1 capacity of 1bn cfd (10bcm) in 2018 after starting up in 2017 (MEES, 29 September 2017). Oman liquids production had been capped by Opec+ ever since Khazzan’s startup, meaning that until last year Mu...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
Qatar Brokers Israel-Gaza Gas Supply Deal
...d around 30MW from Egypt, but still suffers from between eight to twelve hours of blackouts every day. The World Bank, in a 2017 report, estimates the cost of diesel-fired generation at the plant at approximately $0.30/kWh. Switching to gas-fired generation could “slash costs to $0.068/kWh,” the Wo...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
Israel 2020 Gas Output, Exports At Record Levels
...gan two weeks later (MEES, 17 January 2020). Jordan has imported gas from Israel since 2017. But until the start-up of Leviathan sales had consisted solely of modest Tamar volumes of around 20mn cfd to industrial customers on the Dead Sea. The game changer was Jordan state power firm Nepco’s 20...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
Stars Align As Exxon Hikes Egypt Commitment
...epwater discoveries” in 2019 – and the only one outside Guyana. The Star Block covers an area that up to 2017 belonged to UK major BP, through its North Tennin block and Italian firm Eni through its Karawan concession (MEES, 24 March 2017). Prior to this the acreage was part of Shell’s giant Nemed Bl...
Volume: 63Issue: 07Published at Fri, 14 Feb 2020 -
Algeria Presents Ambitious 2020 Energy Action Plan
...tober 2017). Instead, Algeria would be better served by concentrating on getting its existing conventional oil and gas projects off the ground. On the refining front, the action plan calls for an increase in refining capacity to 35mn t/y by 2024 and boosting products storage capacity from 12 to 30 da...
Volume: 63Issue: 07Published at Fri, 14 Feb 2020 -
Total: Oxy Algeria Talks
...rchasing the stakes, France’s ‘national champion’ would become Algeria’s top foreign producer – a potentially testing prospect for Algeria, which gained its independence from France following a bloody civil war in 1962. Total already has 12.25% of the blocks in question (404a and 208) from its 2017 pu...
Volume: 63Issue: 07Published at Fri, 14 Feb 2020 -
Egypt Bags Exxon As Shell Steps Up Commitment
...i and BP until 2017, giving them plenty of opportunity to test the ‘Zohr concept.’ With both ExxonMobil and Total holding licenses on the other side of the Egyptian maritime border in Cyprus, it was thought the two firms might look for acreage in the deeper offshore. MEES understands that Exxon re...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
BP: Belated Start-Up At Wnd Phase 2
...se at Giza and Fayoum to 700mn cfd by June, adding to the already producing Phase One Libra and Taurus fields, which started up in April 2017 and are also producing at 700mn cfd (MEES, 12 May 2017). Giza and Fayoum is an eight well development, tied back to already existing onshore processing fa...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
Mauritania Looks To 2019 Drilling To Boost Gas Riches
...nority C-18 stake, Tullow now has only a single operated block, shallow-water C-3 (Tullow 100%). The firm says that here it is currently interpreting 3D seismic shot in 2017 “to identify prospects for a potential 2020 well.” ...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
Kurdistan Gas: The Key To Easing Iraq’s Chronic Power Shortages?
...s 400mn cfd Khor Mor field. It is also the only producer bringing additional volumes online. But while past differences with the Kurdistan Regional Government (KRG) have been resolved, the consortium’s ability to grow production without an outlet for its volumes is constrained (MEES, 1 September 2017...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
Egypt Gas Turns The Corner, But Can It Maintain Investment?
...rek El Molla was keen to highlight the success of Italian firm Eni and the UK’s BP which have together brought on 2.5bn cfd of gas over the last 19 months, 45% of current 5.5bn cfd gas output. “Between November 2013 and December 2017, the country signed 83 E&P agreements, with minimum investments of...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
India Makes Splash Offshore Abu Dhabi With First Post-Adma Contract
...on its expiry after 8 March (MEES, 17 November 2017). Current partners are Adnoc (60%), BP (14.66%), Total (13.34%) and Jodco, a subsidiary of Japan’s Inpex (12%). The award came during the visit of Indian Prime Minister Narendra Modi and marks India’s entry into the Abu Dhabi upstream. Indian st...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Abu Dhabi Gets Small Producer Boost
...ported 91,000 b/d of Qatar Marine in 2017, more than half the total, and 21,000 b/d of Mubarraz crude. Meanwhile, Adnoc said on 12 February that Al-Dhafra Petroleum will start production of around 20,000 b/d in 2019, ramping up to 20,000 b/d by 2020 and potentially “beyond 40,000 b/d barrels per day by...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Aramco, Total Firming Plan For Satorp Refining/ Petchems Integration
...State petroleum firm Saudi Aramco and France’s Total are firming up their plans for an expansion of their Satorp joint venture refinery and integration of the plant with a petrochemicals complex. Total chief executive Patrick Pouyanné told his firm’s 2017 earnings call on 8 February that th...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Israel: Exploration On Hold As Firms Await Leviathan Progress
...e 22 tcf Leviathan field where operator Noble says it expects to take a final investment decision (FID) this quarter. LEVIATHAN FID: FULL SPEED AHEAD? Noble issued its 2016 results and 2017 outlook on 13 February. In what has become a familiar trope it says Leviathan FID is almost there. But no...
Volume: 60Issue: 07Published at Fri, 17 Feb 2017 -
Energean Bullish: Is It Justified?
...ergean says it hopes to reach FID by the end of 2017 and have first gas by 2020. CEO Mathios Rigas has optimistically said gas from the two fields will compete with Noble and Delek’s Tamar gas field, Israel’s only current producer at 900mn cfd in Q4 after hitting record 978mn cfd in Q3. Gas supplies 60% of...
Volume: 60Issue: 07Published at Fri, 17 Feb 2017