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Egypt Pushes Back Bid Round Deadline
...paid $1bn in outstanding receivables over the coming two months. IOCs are owed $6.3bn, said Mr Ismail, after they received $1.5bn last December. The government at the time announced the repayment of a further $3bn in monthly instalments to 2017 (MEES, 25 April). The ministry offered no clues as...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
Noble Bullish On Leviathan Plans
...s key Israeli fields. Prime among these is the aptly-named 19tcf Leviathan field, the East Mediterranean’s biggest discovery to date. Here, Noble is increasingly confident it will be able to bring the field online by late 2017, more than doubling the firm’s gross offshore Israel capacity to 3bn cf...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
KNPC Moves Al-Zour Forward; Saudi Plants Online By End-14
...abia 400 Under construction, expected onstream 2017. Qaiwan (Bazian Expansion) Bazian, KRG Iraq 50 Expansion to 84,000 b/d by 2018. EPC bids invited OOC/IPIC (DR...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
Turkey Taps EBRD For Hydro Cash; Boosts Nuclear, Wind
...st of wind farms and two small geothermal plants (see table). Beyond 2017, the Ministry of Energy is looking to large nuclear and coal-fired plants for major capacity increments. Furthest advanced of the long-term projects is the first 1.2GW nuclear plant at Akkuyu (MEES, 21 March). Russian nu...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
CNPC In Abu Dhabi Upstream Deal
...ing additional barrels online. Abu Dhabi hopes to boost oil production to 3.5mn b/d from 3mn b/d by 2017 – though MEES understands that the target will not be achieved until at least 2020 (MEES, 11 April). In addition to the KNOC/GS Energy concession, Germany’s Wintershall and Austria’s OMV (24.9%-ow...
Volume: 57Issue: 18Published at Fri, 02 May 2014