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