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BP Seeks To Build On Historic Middle East Foundations In ‘Return To Upstream’ Strategy
...ream. BP returned to the remodeled concession in December 2016, after the original concession agreement expired in 2014, and the current agreement runs until end-2054. Return to Adco lifted BP’s net Abu Dhabi output to a record 257,000 b/d in 2017, but after the offshore Adma concession expired at the en...
Volume: 68Issue: 12Published at Fri, 21 Mar 2025 -
Saudi Power Revamp Progresses Apace Amid Record Electricity Demand
...8GW expansion to the 2.2GW PP12 plant, which is situated around 100km west of Riyadh. PP12 is a modern CCGT power plant running on gas feedstock, which started up in 2014 and is operated by SEC. In a 14 March announcement, Korea’s Doosan stated that SEC has awarded a consortium of it and China’s Se...
Volume: 68Issue: 12Published at Fri, 21 Mar 2025