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KRG Drops Turkish Six-Block Bombshell; Disputed Areas Included
...the currently contracted 2017, Shell sees around 600,000 b/d by that date as both more realistic and better as regards reservoir management, informed sources say. Final plateaus would only be reached after significant testing of the impact of water injection on the Majnoon reservoir probably after 20...
Volume: 56Issue: 25Published at Fri, 21 Jun 2013 -
Shale Plant Go-Ahead
...man. The 500mw plant will start generating electricity for local consumption in 2017 and is expected to reduce Jordan’s expenditure on oil products imports for power generation by more than JD350mn ($490mn) a year, Enefit says. The plant will burn crushed oil shale in twin circulating fl...
Volume: 56Issue: 25Published at Fri, 21 Jun 2013 -
Abu Dhabi Delays Target
...fectively acknowledgment that a long-standing 3.5mn b/d production goal – set in the last decade – has been pushed back even further, to 2020. The target, originally 2015, is now officially 2017, although MEES already reported last year that it was unlikely to be achieved before 2019 (MEES, 21 De...
Volume: 56Issue: 25Published at Fri, 21 Jun 2013 -
Korea’s KNOC In Line For ADCO Stake Despite Limited Experience
...increase production at the offshore Upper Zakum field from 500,000 b/d to 750,000 b/d. South Korean engineering firms will play a major role in Abu Dhabi’s plans to lift overall oil production to 3.5mn b/d, a target that has slipped to 2020 from 2017. South Korean engineering firms have be...
Volume: 56Issue: 25Published at Fri, 21 Jun 2013