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Baghdad Kicks Off Production Target Talks
...favor of a major plateau reduction. Firstly, it has become increasingly clear that building the contracted 10mn b/d plus of new capacity, and more importantly the associated transportation and water injection infrastructure required by 2017, as stipulated in Iraq’s service contracts, is simply not vi...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Qatar To Invest Heavily In Crude Boost
...oduction sharing agreement (PSA), which expires in 2017. Doha, however, told Maersk to hold back on boosting capacity while it studied the reservoir to understand where it should plateau output to extend the field’s life. The reservoir has suffered from a pressure drop and sea water entering the reservoir, wh...
Volume: 55Issue: 20Published at Mon, 14 May 2012