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Abu Dhabi Onshore Awards Unlikely Before ADCO Concession Ends
...elds. ADNOC Director General ‘Abd Allah al-Suwaidi on 23 April suggested that a decision may not be reached on Abu Dhabi Company for Onshore Oil Operation’s (ADCO) contract by the time it expires on 13 January, 2014. More than 10 firms have been invited to bid for its concession. ADCO is co...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Total Signs $1.3bn Ras Laffan Condensate Splitter Deal; Seeks Saudi, Iraq Projects
...tsui (1%). A diesel hydrotreater, which will process gasoil from Ras Laffan 1 and 2, should be commissioned by the second half of 2014. It will produce “ultra-low-sulfur diesel, which meets the most stringent environmental specifications,” QP said. Like its peers, Total sees the Middle East and Asia as...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Total Sees Partnerships, Technology, Exploration Driving Growth
...ok a 25% stake in exploration Block B/C, operated by CNOOC. And expectations for the first B/C well, scheduled for end-2013/early 2014 drilling, are high in the wake of Wintershall’s March announcement of a major discovery at its offshore Block 4. Last year, Total signed an extension to 2039 for its 23...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Iraqi Provincial Elections: Prelude To A New Balance Of Power
...mpaigning to unseat Mr Maliki before January 2014 parliamentary elections, but has so far failed. The provincial election is a test of strength for both camps. MEES learns from senior Iraqi opposition sources that Iran has informed them of its continued support for Mr Maliki and that Tehran does not want hi...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
International Oil Market Developments
...t seen for three decades. Nobody speaks now of peak production. • The continued increase in global demand from emerging countries, and its continued decline in the industrialized OECD countries. In 2014, the consumption of industrialized countries will, for the first time in the history of...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013