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Egypt: Fraying At The Seams
...vestors need long-term stability where they can get the revenues of all the gas produced.” Hostile Locals Delay WND BP’s $10bn, 1bn cfd WND project has itself has been the subject of chronic delays. Germany’s RWE-Dea, BP’s minority partner, on 10 April said that start-up was now slated for 2017...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Algeria: Repsol Find
...cline to put any timeframe on restart. Reggane Delayed, Again Start-up of the $3bn, 2.9 bcm/y, Reggane Nord development, Repsol’s key project in Algeria and lynchpin of the country’s 9 bcm/y-plus Southwest gas project has been put back to 2017. Dirk Warzecha, Operations chief at Germany’s RW...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Abu Dhabi Awards Delayed Oil Boost Contract
...at is pressuring state-owned Abu Dhabi National Oil Company’s (ADNOC) 2017 target of 3.5mn b/d crude production capacity. Abu Dhabi is unlikely to hit it until 2019 at the earliest. ADNOC executes design work relatively efficiently, but then delays awarding engineering, procurement and construction (EP...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Kufpec Looks to Asia-Pacific To Boost Output
...eatstone LNG project in Western Australia. Kufpec owns a 7% stake in the $29bn project. Chubu will receive 1mn tons/year of LNG from the project for a period of up to 20 years starting in 2017. The Wheatstone project will have a liquefaction capacity of 8.9mn t/y upon startup, which is now ex...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013