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Adnoc Targets Big Gains From Transformational Foreign Partnerships
...reamlining of subsidiaries in 2017 (MEES, 20 October 2017). Equally notable is the revolution underway in reshaping Adnoc’s partnerships with foreign oil firms. The number of such firms partnered with Adnoc in its upstream operations has soared from 12 in 2014 to 17 currently (see chart 1). Moreover, th...
Volume: 62Issue: 24Published at Fri, 14 Jun 2019 -
UAE Gas Production, Consumption Rise To Record Levels
...2bcm, to 76.6bcm. Despite the improvement, this still resulted in a shortfall of 11.9bcm over the course of 2018. This was at least the lowest since 2014 and almost 1bcm down on the 2015 peak of 12.5bcm. The UAE has had a gas shortage since 2008, and as this deficit has grown it has increasingly tu...
Volume: 62Issue: 24Published at Fri, 14 Jun 2019 -
Tunisia Cuts It Fine With Just-In-Time Power Start-Ups
...ill below 2014’s 260mn cfd when FID was taken on Nawara. Tunis aims to curb its 96% reliance on gas for power generation and consequent import bill via a renewables revolution first outlined in 2016. It currently only has 302MW (240MW wind, a nominal 62MW of mostly-ancient hydro capacity, and pr...
Volume: 62Issue: 24Published at Fri, 14 Jun 2019