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Aramco's 2020 Capex Cuts Push Back Key Upstream Project Timelines
...ojects, which had been planned to come online last year, are slated to provide 175,000 b/d production capacity. SAUDI ARABIA SALES GAS* OUTPUT HAS BEEN CONSISTENTLY CLIMBING YEAR-ON-YEAR (BN CFD) *CONVERTED FROM BTU TO CFD UNTIL 2011. SOURCE: SAUDI ARAMCO, MEES. GAS: TANAJIB SE...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021 -
Key Russian Investor Takes Over Syria Producer Gulfsands
...,000 b/d Block 26 on the border with Iraq. *The fields are currently operated by Syrian state firm GPC after Gulfsands was required by EU sanctions to withdraw in 2011. *Kroupeev has close ties to the Kremlin. Since gaining a majority stake, Gulfsands has reversed previous attempts to di...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021 -
First Oil For Libya’s Zallaf
...e 2011 revolution, with the first 10,000 b/d phase of the 50,000 b/d Sinawin project led by NOC subsidiary Agoco starting up late last year (MEES, 6 November 2020). Yet after years of inaction, Zallaf appears to be intent on taking full advantage of Libya’s brightening prospects for peace and po...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021 -
Egypt Power: Plentiful Gas, Falling Demand Make Shortfalls A Distant Memory
...mediate aftermath of Egypt’s 2011 revolution when the country was chronically short of gas, and thus fuel flexibility – the plant can also run on liquid fuels – was paramount (MEES, 5 July 2013). The next plant set for start up is also a conventional steam turbine plant commissioned when Egypt was st...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021 -
Adnoc Ready To Roll Out Murban Futures Contract
...mand in Fujairah. It can go from Fujairah to Asia, it can go to Africa, it can go to Europe.” With Fujairah emerging as the largest bunkering hub in the Middle East, storage capacity has expanded rapidly “from 3.2mn m³ [20.2mn barrels] in 2011 to more than 10mn m³ in 2018," according to Salem al-Ha...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021