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Libya: Competing Power Bases Threaten To Tear NOC Apart
...ve fallen behind schedule. In Eni’s 2015-18 strategy presentation, published on 13 March, it said that it planned to commission Phase-2 development of the 800mn cfd Bahr Essalam field in the second half of 2017. This has slipped by almost two years. In early 2013, with front-end engineering and de...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Kurdish Oil Output Edges Up But Cash Still Tight
....04mn, which would keep the company afloat but leaves it exposed should holders of $250mn in notes refuse to agree to a proposed change to the terms of the 13% bonds maturing in 2017. DEBTS STILL HIGH The company asked holders of the notes last week to agree to changes to the Trust Deed because it...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
His Mission Accomplished, Qatar’s Attiyah Bows Out
...e PSA with Maersk is set to expire in 2017. US firm Occidental Petroleum, has stabilized production at the 100,000 b/d Idd al-Shargi offshore field through extensive horizontal drilling and waterflooding. It is now waiting for the green light from QP to proceed with fifth phase development af...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Egypt Announces $43bn Powergen Plans As Part Of Epic Development Program
...D) offshore project. This will involve the development of 5 tcf of gas and 55mn barrels of condensate in the North Alexandria and West Mediterranean blocks. BP says production from WND is due to begin in 2017, with gas output expected to reach 1.2bn cfd, and with all produced gas being fed into Eg...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Bahrain’s 1.5GW Plans
...BAHRAIN Bahrain plans to add 1.5GW of generating capacity by end- 2017 in a second phase expansion of the Al Dur power and desalination plant on Bahrain’s east coast. Minister of Energy ‘Abd al-Husain Ali Mirza says that with demand growing by 5-6%/year more electricity generating ca...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Algeria, Poland To Share Shale Tips As Protests Continue
...rder (MEES, 13 March). The first exploration phase expected to last up to 2017, including the drilling of two wells and seismic acquisition. The UK’s BP, for its part, is currently conducting a desktop study in London. The lingering environmental protests are increasingly seen as a risk by foreign co...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Saudi Refinery Output Tops 2mn B/D For Eighth Straight Month
...ll take total Saudi refining capacity to 2.91mn b/d, after which the next major increment will be a 400,000 b/d Aramco-owned refinery at Jazan which is due for completion in 2017 and is expected to be fully online in 2018. FUEL OIL DEMAND AT HIGHEST EVER FOR JANUARY (‘000 B/D) PRODUCTS EX...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015