1. Contractor Shortage Sets Back Libyan Production Ramp-Up

    ...the centerpiece of Tripoli’s plans to increase output to 2.2mn b/d by 2017.   However, when asked about the company’s future in Libya in the Q&A session following the company’s 6 February results presentation – and whether it was looking to sell its stake – Marathon CFO Janet Clark sounded si...

    Volume: 56
    Issue: 08
    Published at Fri, 22 Feb 2013
  2. Vive La Difference! IEA, OPEC Split On Supply, Price Views

    ...the medium-term, some $10/B higher than last year. While for its medium-term update the IEA has lowered its oil price assumption for 2017 by some $11/B compared to June 2011 (based on the prevailing oil futures prices). Longer-term, the discrepancies are still more marked.   According to th...

    Volume: 56
    Issue: 08
    Published at Fri, 22 Feb 2013
  3. Jacobs Snags Luberef Contract, Maintenance Curbs Refinery Runs

    ...ptember, which will be the first of four new refineries due on-stream by 2017 with a combined throughput capacity of 400,000 b/d (MEES, 21 September 2012).   In Libya operator Lerco has declared force majeure at the 220,000 b/d capacity Ras Lanuf refinery until 7 March, according to Reuters. An 18 Fe...

    Volume: 56
    Issue: 08
    Published at Fri, 22 Feb 2013
  4. Jiddah South Contract Awarded To Mitsubishi

    ...14 1,760 2014 2017 Al-Raies-1 1,800 2014 2017 Isolated Areas     60 2014 20...

    Volume: 56
    Issue: 08
    Published at Fri, 22 Feb 2013