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  1. Kuwait’s Jurassic Gas Project Hits More Problems

    ...ird said the 530,000 b/d plan can be expanded to 615,000 b/d if Kuwait’s heavy oil projects are successful. Mr Rashdi hopes to commission the 615,000 b/d version in 2017. However, the project – first planned in the early 1990s – was blocked by parliament’s objection in 2009. Its contract award was su...

    Volume: 55
    Issue: 10
    Published at Mon, 05 Mar 2012

  2. Libya’s Hydrocarbon Revenue Projected At $40Bn In 2010 Budget

    ...tract foreign direct investment to its retail, construction and financial sectors. Current plans for the oil industry are to boost production capacity to 3mn b/d by 2017, according to Chairman of the National Oil Corporation (NOC) and de facto oil minister Shukri Ghanem (MEES, 14 December 2009). Main Bu...

    Volume: 53
    Issue: 10
    Published at Mon, 08 Mar 2010