- Sort by:
- Score
- Published ▼
-
US Shale: Major Growth Planned, Indies Crimp Spending
...ird fewer rigs (six versus nine) in the oil-focused Midland and Delaware basins. Already for Q4 2018, Apache, with 98,600 b/d oil output, topped 2014’s previous high but with just a fifth of the 42 rigs the company was running in late-2014 (see chart). But whilst output per rig is up massively, th...
Volume: 62Issue: 11Published at Fri, 15 Mar 2019 -
Wood Group In $2.7bn Takeover Of Amec Foster Wheeler
...stribution of derivative products, as well as in mining, clean energy and the environment and infrastructure markets. Recent Mena contract wins include a mixture of upstream, refining and petrochemicals projects. The company was formed in 2014 by Amec’s acquisition of US firm Foster Wheeler at a time when “si...
Volume: 60Issue: 11Published at Fri, 17 Mar 2017 -
Shell’s Plans For BG Egypt Still Uncertain As Unconventional Gas Start-Up Nears
...iro about further developing the field. Under an initial deal finalized in December 2014, Shell and Apache were to receive $5.45/mn BTU for gas produced from unconventional formations (MEES, 19 December 2014). However, though this is a substantial hike on the long-standard $2.65/mn BTU that Egypt pa...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
Shell Mideast Output Gets Oman, Iraq Boost
...Shell’s key Mideast interest is its 34% stake in state-led Petroleum Development Oman (PDO). Here its net production rose from 205,000 b/d in 2014 to 215,000 b/d last year, implying a rise from 603,000 b/d to 632,000 b/d in overall PDO output. PDO is by far the largest producer in Oman wi...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
BP Stakes Out Key Role In Egypt’s Gas Renaissance – If The Price Is Right
...rchase of shale gas. The two firms will exploit shale reserves on the Western Desert’s Northeast Abu al-Gharadig block later this year, and will spend some $30-40mn to drill three wells into the Apollonia formation (MEES, 19 December 2014). Cairo aims to attract IOCs with the hope of increasing gas pr...
Volume: 58Issue: 11Published at Fri, 13 Mar 2015 -
Egypt Production To Get Worse Before It Gets Better
...EGYPT Egypt Production To Get Worse Before It Gets Better Egypt’s gas output fell to a nine-year low of 4.73bn cfd for 2014, and even lower in January. Oil output is stalled at 670,000 b/d (see graph, above). Cairo is hopeful that an exploration boost will reverse this trend: that LNG im...
Volume: 58Issue: 11Published at Fri, 13 Mar 2015 -
Hit By Subsidies At Home, ENOC Looks Abroad
...UAE Hit By Subsidies At Home, ENOC Looks Abroad Dubai refiner and retailer Emirates National Oil Company (ENOC) aims to boost operational efficiency and profitability in 2014, having “recorded positive performance, leveraging increased market demand” in 2013. The co...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014