1. Shell’s Iraq Gas Project Inches Forward; First Majnoon Cargo Lifted

    ...mpany 25%. Under the 20-year technical service contract that expires in 2030, the consortium is to be paid $1.39/B to raise Majnoon output to 1.8mn b/d by 2017. Shell has not yet completed negotiations with the oil ministry on a lower plateau target, which the company believes should be set at 1m...

    Volume: 57
    Issue: 15
    Published at Fri, 11 Apr 2014
  2. Abu Dhabi’s Oil Production Capacity Target Slips

    ...mpletion as scheduled in March 2017 and will round up ADMA-OPCO’s existing capacity expansion projects that will take overall capacity to 970,000 b/d by 2020, two years after the existing concession runs out. Further additions will come from the Upper Zakum offshore field, which is being expanded by an in...

    Volume: 57
    Issue: 15
    Published at Fri, 11 Apr 2014
  3. Oman Peak Demand To Double By 2020, Gas Burning Up 50%

    ...ll see gas burning rise by a comparatively modest 50% from 7.4 bcm in 2014 to 11.1b cm in 2020. As long as the country’s key upcoming upstream gas project, BP’s $16bn, 10 bcm/year Khazzan tight gas development, comes onstream as planned in 2017-18, power generation’s share of Oman’s gas output wi...

    Volume: 57
    Issue: 15
    Published at Fri, 11 Apr 2014
  4. OPWP Lines Up Qurayyat IWP

    ...OMAN   OPWP Lines Up Qurayyat IWP   Oman’s OPWP is to shortlist bidders to design, build and operate a 200,000 cmd desalination plant at Qurayyat, south of Muscat. It plans end-2014 award for March 2017 start-up with OPWP to purchase the plant’s potable water under a 20-year de...

    Volume: 57
    Issue: 15
    Published at Fri, 11 Apr 2014
  5. Turkey: A Hub In The EU’s Future Gas Supply Architecture?

    ...verning the export of KRG gas to Turkey. The deal calls for an initial 4 bcm/year of natural gas exports from 2017, rising to 10 bcm/year by 2020 and the option of increasing to 20 bcm/year thereafter. Considering the major amount of natural gas reserves being discovered in the KRG, gas exports from th...

    Volume: 57
    Issue: 15
    Published at Fri, 11 Apr 2014