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KNOC Expands Upstream Presence in Kazakhstan
...mpany Sumbe from China’s Sinochem for $335mn. Sumbe operates two fields in western Kazakhstan with an expected output of 20,000 b/d up to 2014....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
BP CEO Meets New Egyptian Leadership To Discuss Investment
...rket. The BP statement said the first phase will recover an estimated 5 tcf of gas and associated condensate through a subsea development of five offshore fields linked to a new purpose-built onshore gas plant on Egypt’s Mediterranean coast, with first gas expected in late 2014. Last November, BP an...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
PDO To Prequalify Companies Shortly For $250Mn Lekhwair Gas Plant Construction
...port facilities, condensate export pipelines and a liquid surge tank. The gas plant is expected to start operating by late 2014. Over 20 companies reportedly expressed interest in the engineering, procurement and construction (EPC) contract. The tender for the project was sent out in December....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Saudi Arabia Intensifies Efforts To Meet Soaring Housing Demand, BSF Says
...yadh at 325,000 units. These two regions alone are seen to account for just over 55% of new demand during the five-year period 2010-14. Under the terms of its 2010-2014 Ninth Development Plan, the government is aiming to add around 1mn units to the market by the end of 2014, still falling around 25...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Shoaibi Group Forms Gas Treatment Joint Venture With Prosernat
...r field gas separation, oil desalting and gas treatment facilities. “Natural gas production is on the rise in Saudi Arabia and is expected to increase by 40% in the next four years to 4.5bn cfd in 2014,” said Khalid al-Shoaibi, Shoaibi Group Director and PNSA Chairman....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
ESAI Predicts Demand For OPEC Crude Will Exceed Capacity After 2020
...is year to 2014, with global oil demand growth averaging 1.7% a year. “After that, however, improvements in fuel economy, the penetration of non-petroleum based fuels in transport, and a price on carbon will all contribute to the scaling back of oil demand growth to a long term average around 1.0%.” Ye...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Nabucco Confirms 2014 Target For Pipeline Start-Up
...Middle East Economic Survey VOL. LIII No 13 29-March-2010 CASPIAN Nabucco Confirms 2014 Target For Pipeline Start-Up Nabucco Managing Director Reinhard Mitschek confirmed on 25 March that co...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Iran And Pakistan Sign Gas Pipeline Agreement
...peline is scheduled for late 2014 or early 2015. Despite pressure from the US government on Islamabad not to sign the deal, Pakistan’s Minister of Petroleum Naveed Qamar told reporters on 17 March that the pipeline would constitute an “historic achievement” and a “milestone towards meeting” his country’s en...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
TAP Consortium Applies For Inclusion In Italy’s Rete Nazionale Gas Grid
...untries and Iran over the latter’s nuclear program, TAP is now looking to secure gas supplies from Azerbaijan’s Shah Deniz Stage 2 project, which could come into operation in 2014 or later....
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Turkey’s Energy Minister Says Politics Holding Up Gas Talks With Azerbaijan
...age 2 gas, which should begin around 2014 and theoretically feed both Nabucco and the ITGI. MEES understands that the Turkish government has made Azerbaijan an offer on gas prices and transit, but has yet to receive a reply from Baku. Other recent developments in Turkey include: Turkey has rejected ca...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Gulf Refinery Construction Costs Slide
...nuary) although given the big shift in the EPC market and possible changes in the project’s scope, it would be premature to pin down a figure, said Mr 'Ajmi. The CFP plans envisage commissioning in 2014, and will allow Kuwait to meet strict European sulfur standards for diesel and gasoline through to 20...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009 -
Oman Sidesteps Gas Crunch As Liquids Output Rises
...cure until 2013. But economic slowdown and greater efficiency in gas usage, with savings estimated at 7-10%, has given the country some breathing space. “I would say that we have at least until 2014-15 before we have a problem,” says a ministry source. The expiry at the end of this year of BP’s co...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009 -
Saipem Extends Drilling Contract At WDDM To 2014, Targets Water Depths Of 1,100Ms
...Middle East Economic Survey VOL. LII No 13 30-Mar-2009 EGYPT Saipem Extends Drilling Contract At WDDM To 2014, Targets Water Depths Of 1,100Ms Saipem has extended its contract to drill in Egypt’s Mediterranean deep offshore, on behalf of the Burullus Gas Company, as far out as...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009 -
Ruwais Refinery FEED Set For Completion In June
...stall a base oil production facility, which is also at the FEED stage, he said. The new Ruwais refinery will be commissioned in early 2014, and is not a replication of the original, but a side-by-side design, MEES understands. While Takreer has not given a cost estimate, experts put the new refinery’s pr...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009 -
New Forces In The International LNG Market: Consequences For Middle East LNG Exporters
...ar 2014,” held on 17 February in Tehran, Iran. Mr Frisch, a Norwegian chartered engineer and economist, has worked over the past 30 years with Statoil, Phillips Petroleum and Mobil. He established the British-based consultancy Morten Frisch Consulting (MFC) in 1990, and was appointed a senior adviser to...
Volume: 45Issue: 13Published at Mon, 01 Apr 2002