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Kuwait’s Unstable Politics Slow Oil Sector Advances
...preme Petroleum Council (SPC). Award is expected by October, Mr Hashim says. KOC expects to hit its first phase 60,000 b/d target by 2017; the second phase will take production to about 120,000 b/d by 2020. In the long term, KOC expects to be able to push Ratga production to 270,000 b/d by 2030, but th...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014 -
No Quick Fix For Iraq’s Deteriorating Crude Quality
...ending processes were to blame. Mr ‘Abd al-Zahra, a deputy director general at Iraq’s state South Oil Company, said recently that the addition of new storage capacity at the Fao terminal in the northern Gulf would allow for eventual segregation of Basrah Light according to crude gravity. After 2017, Ir...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014 -
Cyprus: Bids In For Gas Import Tender
...d 30 June 2017, with DEFA thought to favor bids that stipulate an earlier start date. One of the bids came from Texas-based Noble Energy and Israeli firm Delek Group, partners in both Israel’s 19tcf Leviathan natural gas field and Cyprus’ own Aphrodite discovery. The others came from Dutch-owned oi...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014 -
Oman Hikes Desalination Plan In Line With Population Stats
...14, falling to 461,000 cmd in 2020. While Ghubrah is due to be decommissioned in 2018, OPWP plans to add 57,000 cmd of capacity at Barka-1 and extend the contract for the current 136,200 cmd and add the 200,000 cmd Qurayyat and 225,000 cmd Suwayq plants, due online in 2017 and 2018, respectively. Su...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014 -
Chevron Taps MENA For Output Boost
...REGIONAL Chevron Taps MENA For Output Boost Chevron is targeting a 25% increase in its oil and gas production by 2017 from about 2.6mn boe/d in 2013 with the Middle East expected to play a pivotal role in the expansion. The company intends to invest around $3.2bn in exploration an...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014