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Saudi Aramco Gives North Ghawar Reservoirs A Rest
...aybah is due to be completed by 2015, taking production to 1mn b/d, double initial capacity when the field came online in 1998, Aramco says. Khurais is also being expanded to produce 1.5mn b/d of Arabian Light by 2017, up from a current 1.2mn b/d. The company produced an average 9.4mn b/d of crude oi...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Iraq’s Rumaila Down By 200,000 B/D As Water Content Rises
...the country’s producing fields, by offering to raise production to a 2.85mn b/d plateau by 2017 for a per barrel fee of $2, and maintain the plateau production target for seven years. The investment to date has raised production capacity from the field, which has 17bn barrels of recoverable re...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Bahrain Oil And Gas Sector Steady In 2013, But Challenges Ahead
...en delayed by at least two years. Previously, MEES reported that Bapco expected to roll out the replacement and new refinery units over a two-year period between 2017 and 2019. Speaking about the timing of the Sitra refinery expansion, Mr Muayyid sees greater market competition from Gulf re...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Aramco Targets Energy Efficiency,
...16 Jazan IGCC 2.40 Residues 2017 Total 4.29 Source: Saudi Aramco. Saudi Aramco Energy Conservation Savings (‘000 Boe/D)...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Sonelgaz $7.6Bn Powergen Outlay By End-2017
...mand growth, the company is adding 12.18GW of generating capacity by 2017. It recently awarded contracts for six combined cycle gas turbine (CCGT) plants worth a total $4.05bn. In an interview with the El Watan newspaper, Sonelgaz official Rabah Touileb said that Algeria’s electricity demand is gr...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Egypt: Receivables Rise Again
...d-2013. Meanwhile in its 16 May preliminary 2013 results announcement, the firm says that first gas from the 2.1 tcf Ain Tsila field, the company’s “most significant asset,” “now appears more likely to occur in 2018 than the previous estimate of late 2017.” FEED is set to begin later this year, wh...
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
KPI Positive On China JV
...16, or early 2017, the Vietnamese refinery will exclusively process 30.2° API Kuwait export crude....
Volume: 57Issue: 21Published at Fri, 23 May 2014 -
Sisi Promises Economic Reforms
...esidential candidate Field Marshall Abdel Fatah al-Sisi, who is widely expected to win, has said that he will target a GDP growth rate of 7%, and a decrease in the unemployment rate to 8% by fiscal year 2017-18, targets which appear to be highly ambitious, considering current circumstances. He says he is al...
Volume: 57Issue: 21Published at Fri, 23 May 2014