1. Cyprus: Aphrodite First Gas Slated For 2025

    ...December 2011 (MEES, 12 December 2011), but despite initial optimism it has failed to ignite a wave of industry for Nicosia. Instead, development has been stymied by the field’s location – 160km offshore in 1,750ms of water, straddling the maritime border with Israel – and low demand in Cyprus’ sm...

    Volume: 62
    Issue: 17
    Published at Fri, 26 Apr 2019
  2. Abu Dhabi’s Taqa: Upstream Down Despite Price Recovery, Power Steady

    ...83bn in 2018, having peaked at $7.57bn in 2012. Last year power and water provided 53.0% of Taqa’s income, and upstream operations contributed 31.3%. This marks a near-reversal from 2011 when upstream’s peak contribution was 44.8% and power and water accounted for 30.2%. Taqa’s results also separate ou...

    Volume: 62
    Issue: 17
    Published at Fri, 26 Apr 2019