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Israel’s Leviathan: Chevron Advances Plans To Near-Double Capacity To 23 Bcm/y
...al that saw Leviathan development kickstarted (MEES, 8 December 2017). Beyond Chevron, London-listed Greek firm Energean is the only other operator in Israeli waters. Its 600mn cfd Karish is banned from exporting and Energean was able to secure a foothold in the domestic market by under-cutting Ta...
Volume: 68Issue: 09Published at Fri, 28 Feb 2025 -
Qatar Sees Buoyant LNG Demand Outlook As It Sanctions Further Expansion
...ture LNG demand define Qatar’s approach to its expansion plans. Speaking to MEES back in 2017, Mr Kaabi justified going “full steam ahead” with LNG because “we believe so much in the demand potential for gas…This is the cleanest fossil fuel available for mankind. It is going to remain for a very long ti...
Volume: 67Issue: 09Published at Fri, 01 Mar 2024 -
Mena’s No.1 Producer Total Doubles Down On UAE Presence
...a a 16km pipeline. Exports peaked at 27,000 b/d in 2020 according to data intelligence firm Kpler, but slumped to just 18,000 b/d in 2022. This was the lowest annual figure since the Hail field was brought online in November 2017 (MEES, 16 February 2018). Total’s net output from the asset will be ba...
Volume: 66Issue: 09Published at Fri, 03 Mar 2023 -
Oxy Eyes New Algeria Contract In 2022
...tober 2017). Though other US firms such as ExxonMobil and Chevron have shown interest in recent years, there has been no real movement on development. Could Oxy be the first?...
Volume: 65Issue: 09Published at Fri, 04 Mar 2022 -
Mauritania: No More Exploration?
...pired at the end of 2021. A fourth BP/Kosmos exploration block, C6, expired in 2020. Of the three relinquished and to-be-relinquished blocks, only C12 has seen an exploration well – 2017’s Lamantin-1 which unsuccessfully targeted oil (MEES, 15 December 2017). As for other deepwater blocks, for now Ex...
Volume: 65Issue: 09Published at Fri, 04 Mar 2022 -
Saudi Unconventional Plans Come At A Princely Price
...the Hawiyah gas plant expansion, which is slated to add 1bn cfd processing capacity by June 2021 (MEES, 15 December 2017). Tanajib is then set to come online in 2023, bringing Saudi gas processing capacity up to 21.6bn cfd. Jafurah is then slated to start-up the following year, but there is no in...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Lebanon Nears Gas Exploration Kickoff
...ta and are on track to spud Lebanon’s first offshore exploration well in Block 4 in November or December, MEES learns. The consortium, awarded exploration Blocks 4 and 9 in late 2017 as part of Lebanon’s first bid-round (MEES, 15 December 2017), will then head directly to southern Block 9 to drill a se...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Mauritania: Bullish Kosmos Eyes Second Major Entry; Is It Downplaying The Risks?
...elude off northern Australia is currently more than two years behind schedule with no sign of imminent start up (MEES, 22 February). This leaves only two 1.2mn t/y FLNG vessels currently-operational. The first, in Malaysia, started up in 2017. The second, Cameroon LNG, operated by Golar LNG, started up...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Oman: Oxy Inks Block 72 Deal
...able data by 2Q 2020, after which it will embark on a drilling campaign. The signing is but another move as Oxy rapidly acquires Omani acreage: it was also recently awarded two other blocks - 51 and 65 - as part of Oman’s 2017 licensing round taking its total Omani assets to eight. Oman will prove a vi...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Abadi Claims KRG Pipeline Deal As Trucking Plans Fade
...reement has been reached with northern Iraq’s Kurdistan Regional Government (KRG) to export crude oil through the autonomous region’s 700,000 b/d pipeline to Turkey. This raises the prospect of an end to the shut-in of 280,000 b/d of Kirkuk crude (MEES, 20 October 2017). The minister announced the ag...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
KRG Eyes Major Support For Future Output Gains
...bil as it adopts a low profile there. Elsewhere, Chevron finally resumed drilling its Sarta license in late February and expects to announce results from the work in Q3. It had planned on drilling the license in late 2017 but withdrew personnel in the wake of October’s Kirkuk upheaval (MEES, 20 Oc...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Algeria Gas Set For Record 2018 With Start-Up Of Key Southwest Fields
...Algeria’s 2017 gas output was only just shy of record levels set the previous year. With the second of two key ‘Southwest Gas Project’ components starting up this week, the country can expect new records in 2018. The 24 February start-up of output at the Timimoun gas field makes it the se...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Saudi Military Shake Up
...hammad bin Salman was the man behind the orders. Since being appointed defense minister in 2015, Muhammad bin Salman has prompted the kingdom to adopt a more proactive role in the region, particularly toward rival Iran (MEES, 24 November 2017). But the recent shake up suggests unease with the current st...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Adnoc Signs Up Japan’s Jodco At Lower Zakum, But Major Absence Remains
...ncession (Adnoc 60%, Jodco 40%) produces around 30,000-40,000 b/d and unlike the legacy-Adma concession had been operated by the rival Zadco offshore concession until it merged with Adma in October to create Adnoc Offshore (MEES, 30 October 2017). The new deal finalized the increase of Inpex’s Umm al-Dalkh st...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Iraq Eyes Oil Revenue Gains And Incremental Production Growth
...Iraq’s oil sector got off to a strong start in 2017, earning slightly more than $5bn in January. This was the second consecutive month in which it earned more than $5bn, something it has not achieved since June 2015. 2017 has also seen exploration and development grow outside of Iraq’s core pr...
Volume: 60Issue: 09Published at Fri, 03 Mar 2017 -
Zohr On Target, Rosneft Farm-In Questioned
...clear reactors by Russian state firm Rosatom. ZOHR PRODUCTION PROFILE INDICATES 22-23TCF RECOVERABLE RESOURCE *OFFICIAL START-UP (1BN CFD FROM 6 WELLS) SLATED FOR ‘END 2017,’ 14 ADDITIONAL WELLS ARE SLATED TO ADD 1.7BN CFD FROM 2019. PROFILE PRESUMES THAT THESE INCREMENTS TAKE TIME TO RA...
Volume: 60Issue: 09Published at Fri, 03 Mar 2017 -
Iraq Adds Southern Storage Capacity In Bid To Ease Export Bottlenecks
...10. But midstream capacity has not kept pace with the upstream increments, which prompted the oil ministry to lower its expectations of plateau production from the main six producing fields in the south. Initially targeted to rise above 13mn b/d by 2017, the oil ministry has renegotiated the co...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Italy’s Eni In New Tirade Against Iraq Contract
...I gravity, which ranges from a heavier 28-29° API, a recent development as new streams have come online, to 32° API, he said. After 2017, Iraq plans to export two types of crude from its southern terminals, he says. West Qurna Too Storage capacity is needed to absorb the expected 750,000 b/d of...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014 -
Two-Track Iraq Mega Projects Emerge
...rough the pipeline is expected by the end of 2017 or early 2018, he said. The project is divided into two parts, the 2.25mn b/d BOOT contract and a 1mn b/d section from Haditha to ‘Aqaba to be offered as an Engineering, Procurement and Construction (EPC) contract, which Mr Ashqar said had now been ap...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014