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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: 56Issue: 08Published at Fri, 22 Feb 2013 -
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: 56Issue: 08Published at Fri, 22 Feb 2013 -
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: 56Issue: 08Published at Fri, 22 Feb 2013 -
Jiddah South Contract Awarded To Mitsubishi
...14 1,760 2014 2017 Al-Raies-1 1,800 2014 2017 Isolated Areas 60 2014 20...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013