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ADNOC Pushes To Own Faulty Hormuz Bypass Pipeline
...erator of most of the Emirate’s onshore fields. ADCO’s concession expires on 13 January 2014 and CNPC is one of 11 firms invited by ADNOC to bid for it. ADCO is composed of ADNOC (60%); with BP, ExxonMobil, Total and Shell holding 9.5% apiece; and Portugal’s Partex (2%). State-owned CNPC has been invited fo...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Libya Eyes $80bn Downstream Drive
...oadly diversified.” Three petchem complexes are envisaged; in Mellitah and Zawiya in the west and at Benghazi in the east. Of the latter site Dr Ellob notes: “It is near population centers and can help create jobs.” Estimated costs for the three complexes, to be built in 2014-25, are $50-60bn. All three pe...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Oman Qualifies Bidders For Musandam Plant
...s Main Interconnected System (MIS) grid will rise by 9.5% a year during 2013-19, while Salalah System peak demand will grow by 12% a year. The Barka Phase 3, Sohar Phase 2 and Sur projects are expected to add a combined 3.49gw of capacity by 2014 (MEES, 24 May). OPWP is also studying a 200-300mw pr...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Saudi Aramco: 2012 Production Rises, Capacity Steady
...oduction. On 15 April, Saudi Aramco began production at its Manifa oil field three months ahead of schedule. Production will rise to 500,000 b/d by July and 900,000 b/d by end 2014, with output replacing mature fields coming offline – allowing Saudi Aramco to maintain its 12mn b/d production capacity. Ac...
Volume: 56Issue: 22Published at Fri, 31 May 2013