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Israel & Cyprus Talk Power Link, Aphrodite-Ishai
...ach an agreement soon for the Aphrodite – Ishai issue,” Mr Papanastasiou confirmed. A dispute with operator Chevron has also held up development of Aphrodite which was discovered in 2011 (see main story). ...
Volume: 67Issue: 13Published at Fri, 29 Mar 2024 -
Iraq’s Akkas & Mansuriya Fields: Back On Offer
...arded in 2011 to a consortium led by Turkey’s TPAO (22.5%op) alongside Korea’s Kogas (15%), and Kuwait Energy (since taken over by Hong Kong-listed UEG, 22.5%) and state-owned Oil Exploration Company (OEC 25%). Following IS’ ouster, disagreement on commercial terms with operator TPAO pushed Baghdad to ta...
Volume: 66Issue: 13Published at Fri, 31 Mar 2023 -
Iraq & Total Reach Initial Deal On $7bn Of Projects
...entually scandal as Exxon entered the KRG in 2011 (MEES, 21 November 2011). The next nine years saw it packaged under a $53bn Southern Integrated Infrastructure Project (SIIP) that was almost finalized with ExxonMobil and PetroChina but also fell apart (MEES, 10 May 2019). Both companies were expected to fi...
Volume: 64Issue: 13Published at Fri, 02 Apr 2021 -
Algeria Keeps Oil Spending Flat, Extends Exploration Search Offshore
...cences on several fields in June 2016. The two firms earlier, in April 2011, agreed to partner on the development of unconventional resources, particularly shale gas. Offshore exploration in Algeria is not a new idea. State oil licensing authority Alnaft has talked about tendering offshore blocks for ye...
Volume: 60Issue: 13Published at Fri, 31 Mar 2017 -
Saudi: Key Gas Start-Ups Increase Oil Field Flexibility
...nce 2011, when the Karan field came online and reached its 1.8bn cfd production capacity in late 2012. Karan was the first non-associated gas field to be developed in Saudi Arabia (MEES, 4 June 2012). An expansion of the Hasbah field is to provide a further 2bn cfd of raw gas to the Fadhili pr...
Volume: 59Issue: 13Published at Fri, 01 Apr 2016 -
Egypt Lays More Foundations For Gas Output Growth
...rking intensively on the further development of this project,” Mr Ecke says. Mr Ecke has extensive knowledge of Egypt and was Dea Egypt’s general manager between 2009 and 2011, and the firm’s exploration manager between 2001 and 2005. LetterOne (L1), an international investment vehicle headed up by Ru...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
EGYPT KEY TO KUWAIT ENERGY’S FORTUNES
...EGYPT EGYPT KEY TO KUWAIT ENERGY’S FORTUNES Another firm which has seen production increase substantially in Egypt is independent Kuwait Energy Company (KEC), with output from its Egyptian assets more than doubling since 2011 (see graph). The majority of that output comes from the Ea...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Iraqi Oil Output Plunges As Pressures Mount
...2014 2013 2012 2011 2010 CRUDE OUTPUT: Federal* 2,783 3,042 -259 3,356 2,...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Egypt Scrambles For Gas Supplies In Run-Up To Presidential Vote
...yptians, but unless they are curbed, the future president will struggle to grow the economy and keep energy supply in line with demand. Any leader that fails to deliver on economic growth and the supply of basic services will struggle to avert the popular discontent that swept Mr Mubarak from power in 2011....
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Oryx IPO Bid Reveals Controversial Wasit Oil Deals
...IRAQ Oryx IPO Bid Reveals Controversial Wasit Oil Deals Geneva-based independent Oryx Petroleum has signed three oil deals directly with the Wasit Provincial Government, bypassing the central Iraqi government in Baghdad. The 13deal was done back in December 2011. Rumors of the deal – an...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
Sudans Readying For Southern Oil Restart
...id in Juba on 26 March. He said the producing oil companies in the South were currently in the process of resolving any remaining technical issues that could prevent the country from reclaiming its place among Africa’s key oil exporters. South Sudan seceded from Sudan in July 2011, ta...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
Yemen Offers 15 More Blocks
...men’s 2011 average production at 228,000 b/d, down 24% from the 2010 figure of 301,000 b/d, and off 50% from 455,000 b/d in 2001.) Sustained attacks on the country’s oil pipelines and power lines however have compromised government efforts thus far, prompting the authorities to launch a major of...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
PetroTel Expands Oman Portfolio
...nistry of Oil and Gas (MOG) on 26 March, for a 100% working interest in Blocks 39 and 67, both of which were made available as part of a bid round in August 2010. With this acquisition, PetroTel brings its number of Omani assets to four, after winning the adjoining Blocks 17 and 40 in 2009 and 2011 re...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013