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Algeria’s First Bid Round In A Decade: Will It Be A Major Success?
...Algiers is close to wrapping up its first bid round since 2014. It hopes to attract some of the largest international players, including possible country entries for US majors Chevron & ExxonMobil, and a re-entry for BP, with Asian and Gulf NOCs also a strong possibility. But one of the co...
Volume: 68Issue: 18Published at Fri, 02 May 2025 -
Adnoc Eyes Unconventional Riches As It Launches Second Bid Round
...rge new ones. The firm has broadened its partner-base considerably since 2014 as it replaced expiring multi-decade concessions. Last year’s bid round saw existing partners secure further acreage, but Thailand’s PTT was the only new partner brought in to the emirate. Previously Adnoc officials have fl...
Volume: 62Issue: 18Published at Fri, 03 May 2019 -
Oman: Khazzan Boosts LNG Exports To Record Levels
...0,000 tons from Oman, the highest volume since Q1 2014 (see data, p14). South Korean imports fell slightly in the Q1 compared with Q1 2017, down 290,000 tons to 1.2mn. The last three years have seen Oman move away from its almost exclusive dependence on the two import markets. In 2012 and 2013, So...
Volume: 61Issue: 18Published at Fri, 04 May 2018 -
Oil Boost Raises Hopes In Libya, Perhaps Falsely
...Libya’s oil production ended April at about 760,000 b/d, up 50% from just over 500,000 b/d at the end of March, and the highest output since early December 2014. But such is the volatility of crude output in Libya that average production for the month of April as a whole, at 565,000 b/d, was th...
Volume: 60Issue: 18Published at Fri, 05 May 2017 -
Iran Readies Upstream Opening In Anticipation Of Nuclear Deal
...an’s oil ministry is bent on raising crude oil output back to pre-sanctions levels of around 3.7mn b/d from just 2.8mn b/d in 2014, and in turn reclaiming Iran’s spot at Opec’s second largest producer – a title it lost to Iraq in 2012, after sanctions on Iran’s crude exports were implemented, forcing it...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
Japan’s Inpex Adds Onshore Abu Dhabi Stake To UAE Portfolio
...hind Saudi Arabia as a supplier to the land of the rising sun. All but 20,000 b/d of this (Dubai crude) comes from Abu Dhabi, with Murban (320,000 b/d) the largest single grade for 2014, though Murban was just edged out by the new DAS blend, formed from the comingling of former Umm Shaif and Lower Za...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
Eni Ramps Up Western Desert Output As Cairo Looks To Cut Through Red Tape
...phisticated drilling techniques including hydraulic fracturing (MEES, 30 January). On 9 January, Eni announced it had been awarded the South-West Melehia block in the Western Desert, following the EGPC 2013 bid round (MEES, 3 January 2014). The field borders the firm’s Melehia block to the southwest and US...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
Petroceltic Upbeat On Ain Tsila As Sonatrach Calls For Cost Cuts
...rst 12 drilling locations – all in the northern part of the field – already selected and approved. The agreement with Sinopec follows the front-end engineering and design (FEED) award to Chicago Bridge and Iron of the US in September 2014. The next key step in the project’s implementation will be...
Volume: 58Issue: 18Published at Fri, 01 May 2015 -
Noble Bullish On Leviathan Plans
...s a dominant position offshore Israel). 2014 Leviathan Sales, Sanction The next stage for Noble is to secure sales deals for Leviathan. “Over the next 6 months, we will enter into a number of major long-term agreements for Leviathan gas,” Mr Davidson says. This would enable the firm to sa...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
Iranian Parliament Approves $20Bn Oil And Gas Bonds
...tween the latter and the government remains unresolved and many deputies believe it should be postponed till 2014. With the official inflation rate topping 31.5% in the year ending 20 March 2013, and independently believed to be double that or even higher, implementation of the second phase of th...
Volume: 56Issue: 18Published at Fri, 03 May 2013