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Algeria’s Southwest Gas Project Awaits Approval Amid Political Turmoil
...pply its future contracts,” notes one source close to the project. Reggane Nord will cost about $1bn to develop, with roughly another $1bn to be spent over the lifetime of the project, which if approval is given soon, should come on stream in 2014. Around 70 wells in all will be needed. Reggane No...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Abu Dhabi’s ADCO Targets 1.8Mn B/D Oil Capacity
...rporation (GHC) and 30% by Athens-based Consolidated Contractors Company (CCC), which won part of the $1.3bn Shah and Sahil field development contract last year. Phase 2, scheduled to come on stream by 2014 ,will add another 70,000 b/d of new capacity, which will come from Bab, Asab and North East Bab. Me...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Bulgaria’s Share In Burgas-Alexandroupolis Pipeline To Be Controlled By Finance Ministry
...34mn b/d), with completion scheduled for 2014 (MEES, 11 January). Azerbaijan intends to boost gas exports to Iran to 1.2-1.5mn cmd by the end of February, Reuters reported on 12 February. The two countries signed a new gas sales and purchase agreement in January (MEES, 18 January). During 20...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
PDO Reports Production Increases And Four Discoveries In 2009
...2,000 b/d, in line with the company’s 540,000-560,000 b/d target. Gas production, meanwhile, increased to 410,000 boe/d from 390,000 boe/d in 2008. On the back of ongoing and new enhanced oil recovery (EOR) projects, PDO’s oil production target is likely to remain stable up to 2014, the Undersecretary of th...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010