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Abu Dhabi To Import 1.2Bn CFD Of LNG, Shah Gas Field Slips
...G engineering firm Chiyoda (MEES, 10 October 2011) replace ADGAS’s two LNG trains that will be over 30 years old by 2019, as part of a package that would secure Japanese upstream firms’ concessions in the emirate. ADGAS’s third LNG train is more recent. However, Abu Dhabi could build an...
Volume: 55Issue: 13Published at Mon, 26 Mar 2012 -
ExxonMobil Water Project Exit Threatens To Derail Iraqi Upstream Schedule
...oject has been put back two years. So instead of 2015, it won’t come on until 2017.” Even if this view is overly pessimistic, there is little doubt that the project has been seriously delayed – FEED was due for award last November (MEES, 3 November 2011). In the long-run, this water is vi...
Volume: 55Issue: 13Published at Mon, 26 Mar 2012 -
Regional Tensions, Oil Price Prompt Rise In MENA Defense Spending
...ew by a far lesser margin. And this trend, IISS notes, is something that has been mirrored in defense spending across the region. “Oil exporting states made up nearly 75% of total regional defence expenditure, and in 2011 their collective spending rose to $95.57bn [from $87.97bn], a no...
Volume: 55Issue: 13Published at Mon, 26 Mar 2012 -
KRG Oil Sector Pushes Ahead Amid Challenging Times
...ports has reignited optimism that permanent wide-ranging oil agreement can be reached despite the legacy of mistrust and the very real gulf in nationalist belief and investment philosophy between the two sides. The Kurds have slowly hemorrhaged influence since 2003, but a gap in the 2011 bu...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Deadline Set For Competing Gas Corridor Projects, Nabucco Plans Extension
...vernment from an earlier schedule of June 2011, but it is still ahead of the December 2011 deadline extension originally requested by the Nabucco partners. BP Vice-President for Shah Deniz Development Alasdair Cook told a conference in Ankara the previous week that an October deadline would allow the Sh...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Oman Sidesteps Gas Crunch As Liquids Output Rises
...crement when it starts up in 2010. Expected start-up at Qarn Alam, one of the world’s biggest steam injection projects, has slipped into 2011. Around 40,000 b/d of new oil is targeted from the project, but phase one is likely to involve around half this amount, MEES understands. Omani firm Petrogas ha...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009