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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 -
Repsol Mena Pullback
...ggane development in Algeria’s remote southwest was one of Repsol’s key development projects for 15 years between initial 2002 drilling and eventual start-up in late 2017 (MEES, 22 December 2017). And for this, Algeria’s tight financial terms meant the project netted Repsol just 8,200 boe/d (around 46mn cf...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Aramco Plans Ras Tanura Shutdown
...edstock processing is carried out in a 325,000 b/d crude distillation unit and a 225,000 b/d condensate splitter. The CFP contract, awarded to Spain’s Tecnicas Reunidas in early 2017, adds three main upgrading units – a 138,000 b/d naphtha hydrotreater, a 90,000 b/d continuous catalyst reformer (CCR) an...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
MEES Interview With EBRD ‘Semed’ Managing Director Heike Harmgart– Edited Highlights
...arted in 2012 – the number of projects, the value of these investments, and also the addition of new countries into the EBRD family, last year Lebanon, and the West Bank and Gaza before that. We have also seen Egypt investment grow substantially in 2017 and 2018. And there will be more countries coming. We...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Egypt’s Wind Power Capacity Nears 1.4GW, But Expansion Slow
...r electricity. However Abu Dhabi based renewables agency Irena said the lowest worldwide wind bids for 2017 were around US¢4.50/kWh. EETC subsequently awarded a BOO contract for the 250MW West Bakr Wind project near Ras Gharib to Netherlands-based Lekela Power. Lekela did not reveal its el...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Oman Oil & Gas Revenues Flatline in 2019
...roughputs. On the refining front, the completion of the Sohar refinery project in late 2017, enabled Muscat to increase key products (diesel, jet-kero, gasoline, LPG) output from 170,000 b/d to over 220,000 b/d (MEES, 26 January 2018). This, combined with slowing growth in domestic consumption, saw key pr...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
KRG: Oryx Downgrade
...etaceous reservoirs.” Still, despite the reserves downgrade, 2019 saw Oryx’s most positive year yet in Kurdistan. Hawler is currently producing a record 14,500 b/d, having seemingly put previous geological woes behind it. Output stood at just 3,000 b/d in 2017, grew to 10,000 b/d by end 2018 (MEES, 15 Ma...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020