- Sort by:
- Score
- Published ▼
-
Egypt: Condensate Output Record As Gas Slumps
...erall output here, and that of key producer Apache in particular, has been on the slide. 2020 output was the lowest since 2011 with production falling further to an 11-year low of just 282,000 b/d for February. However production has risen in each of the past two months – it was 290,000 b/d for April – wh...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Libya’s NOC Plans Massive Upstream Opening
...drocarbons. With the dust barely settled from Libya’s third civil war since 2011 and last year’s devastating oil blockades (MEES, 25 September 2020), NOC is looking to kickstart a fresh wave of foreign investment to reach its ambitious goal of boosting output to 2.1mn b/d by 2025. There is room for op...
Volume: 64Issue: 23Published at Fri, 11 Jun 2021 -
Algeria Looks To Reduce Reliance On Morocco Pipeline
...rocco and Spain, Medgaz was the more recent to start up in 2011. Capacity lags that of the 11.5bcm/y Maghreb–Europe Gas Pipeline (GME) which connects Algeria to Spain through Morocco. But Morocco is set to take ownership of its GME section next year. With the clock ticking the two countries have yet to...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
Libya: Set For A Gas Boost In 2019?
...able than that of oil since the 2011 revolution, in some ways the picture has reversed over the past 18 months or so. Crude output steadily rose to reach 990,000 b/d in 2018 – and a six-year high of 1.26mn b/d in March – whilst gas production fell to 1.34bn cfd, down 25% from 2013’s record 1.79bn cfd ac...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Qatar Marks Embargo Anniversary With Exxon Tie-Up
...urces. The Golden Pass LNG import terminal (QP 70%, ExxonMobil 17.6%, ConocoPhillips 12.4%) in the US opened in 2011 with plans to import 15.6mn t/y of LNG from Qatar: but the “Shale Revolution” boosted US gas output to the extent that the partners began looking at turning it into an export facility (ME...
Volume: 61Issue: 23Published at Fri, 08 Jun 2018 -
Troubled Waters: GCC Internal Schisms In The Spotlight Again
...fers of assistance from other quarters. Turkey has pursued similar objectives to Qatar since the “Arab Spring” began in 2011, with both supporting Islamist groups across the region. It has moved rapidly to back Qatar, passing legislation on 7 June to permit the deployment of troops to the emirate in...
Volume: 60Issue: 23Published at Fri, 09 Jun 2017 -
Bahrain: New Minister Challenged By Oxy/Mubadala Withdrawal
...cording to our agreement, in 2010 production will rise to 35,000 b/d, and then to 47,500 b/d in 2011. By 2016, it should grow to 102,300 b/d, before reaching a peak of 112,600 b/d in 2019” (MEES, 16 November 2009). The venture has had greater success in its plans to increase gas production capacity fr...
Volume: 59Issue: 23Published at Fri, 10 Jun 2016 -
Total Sees Sunshine Amid Gulf Turbulence-Interview With CEO Patrick Pouyanne
...0 B/D) Gas (MN CFD) 2011 2012 2013 2014 2011 2012 2013 20...
Volume: 58Issue: 23Published at Fri, 05 Jun 2015 -
Algeria Ploughs On With Failed Policies
...nister, in 2011. But in recent months it has been little mentioned. The goal is “still on the agenda,” said Mr Demmak, although he admitted that “nothing major” has been done so far in terms of infrastructure development. Renewables are “part of the solution” to tackling the issue of providing clean an...
Volume: 58Issue: 23Published at Fri, 05 Jun 2015 -
Rising Oil Exports Raise Questions Over Washington’s Iran Policy
...ndensates rose by close to 200,000 b/d in April versus March levels, to breach the 1.4mn b/d mark. By 2011 standards, this would represent a disastrous month for Iranian exports, which were then averaging upwards of 2.5mn b/d. Fast forward three years however, and the figures are still alarming – but fo...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
KRG Oil Export Plans All At Sea
...rsang since 2010. It has made two significant discoveries in the Swara Tika structure, the last of which was in 2011. But it did not declare commerciality until May this year, beyond the five-year exploration period specified in the production-sharing agreement signed in 2007. The delay soured re...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Libya: Exports Down, Output Down, Violence Continues
...rf offshore fields is not sold to the international market, it would be the first time since 2011 that Libya ceased to export oil completely. Production, which averaged 200,000 b/d in April, edged up slightly to average 220,000 b/d in May, according to MEES estimates. However, this higher monthly av...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Iraq: Shell Steps On The Gas With Basra Project
...sra gas processing from 250mn cfd to 400mn cfd since the contract was signed in late 2011. Now discussions are underway to add another 1.1bn cfd of processing capacity over the next few years. But rising crude output has exacerbated Iraq’s already massive flaring problem, with a lack of processing fa...
Volume: 56Issue: 23Published at Fri, 07 Jun 2013 -
Libya: Berruien Out?
...e post-revolutionary rebirth of Libya’s oil industry. In just seven months, August 2011 to March 2012, Libyan oil production went from practically zero to 1.4mn b/d. Progress has been harder going since then, but Mr Berruien’s departure, if confirmed, would come as a blow to many foreign in...
Volume: 56Issue: 23Published at Fri, 07 Jun 2013 -
Iran Crude Importers Secure New US Waivers
...a mistake,” he said. The US in December 2011 passed a law cutting off access to the US financial system for foreign financial institutions involved in oil trade with Iran and its Central Bank, unless their home countries were given a waiver by considerably reducing its oil import volumes fr...
Volume: 56Issue: 23Published at Fri, 07 Jun 2013