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Apache ‘Excited’ By Egypt Despite Output Plunge
...8). 1: EGYPT OIL OUTPUT FELL TO A 38-YEAR LOW OF 608,000 B/D FOR MARCH ('000 B/D) 2: APACHE GROSS EGYPT OUTPUT IS AT A 10-YEAR LOW BUT THE US FIRM HOPES A WELL-STOCKED INVENTORY WILL SEE A REBOUND 3: APACHE HIKES EGYPT CAPEX, BUT STILL JUST 40% OF 2014 LEVELS *IN...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
Cepsa’s Upstream Shift Hampered By Algeria Output Slump
...e Adoc concession which it entered in 2014 (MEES, 14 November 2014) as well as the Sarb/Umm Lulu stake. But though Sarb/Umm Lulu did provide a boost to Cepsa’s net output for 2019, underlying decline in the rest of its upstream portfolio – southeast Asia, Latin America, and above all Algeria – me...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
On Iraq Power, And Power Politics: MEES Interview with Luay al-Khatteeb
...proving supply efficiency from certain stations, and adding new units and power stations. Additionally, we added significant capacity to the transmission lines and extended the distribution system in the liberated areas – so for the first time since the 2014 Daesh [Islamic State] insurgency we have ma...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
Egypt Lines Up Ammonia Project
...st of $10.9bn. The project, conceived when Egypt’s gas resources were increasingly overstretched, is intended to process 4mn t/y of imported naphtha (MEES, 4 April 2014). Financing remains incomplete despite EPC work being awarded in mid-2018 (MEES, 14 December 2018). ...
Volume: 63Issue: 20Published at Fri, 15 May 2020