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South Tunisia Gas Development Close To Go-Ahead Despite ENI Departure
...riously delay, Sonde’s plans to produce 37,000 b/d of oil and 80mn cfd of gas from Zarat, Tunisia’s largest undeveloped field, from 2017 (MEES, 27 August, 2012)....
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
QP, Qapco Sign Al-Sejeel Polymers Deals
...llows the award by QP and Shell to US firm Fluor of a FEED contract for the planned Al-Karaana petrochemicals complex at Ras Laffan. Al-Karaana is due to start up in 2017 and will have capacity to produce 1.5mn t/y of monoethylene glycol, 300,000 t/y of linear alpha olefins and 250,000 t/y of oxo-al...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
Iraq Faces Summer Power Crunch Despite Progress On $75Bn Mega-Plan
...wer infrastructure to 2017 with a total spend of $75bn to fulfil the plan of hitting a total capacity of 42gw by 2030 (MEES, 21 June). “We start [new capacity] every month. We add one project to generation,” Mr Ali says. “By July, we will reach maybe 11.5gw, with the imported power.” Peak de...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
IEA Sees ‘Significant Potential’ For Solar Power In Middle East
...nd capacity and plans to develop 2.8gw of CSP and 700mw of PV capacity by 2017. Turkey currently has 24.2gw of renewables capacity, dominated by 21.0gw of hydropower. The IEA expects Turkey’s total renewables capacity to reach 35.7gw in 2018. Global Picture The IEA says global power ge...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
Analysis: Will New Amir Era Usher In QP Restructuring?
...ost production capacity – unless the wells give poor results during the production maintenance program. Maersk will determine the goals of the FFDP and take the final investment decision (FID) after it gets approval from QP before mid-2014. Its PSA expires in 2017. US independent Occidental Pe...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
Firm Oil Prices And Capital Inflows Boost UAE Growth, Says IMF
...bai’s GREs increased their debt over the last year to an estimated $93bn, up from $84bn in March 2012, of which about $60bn falls due between 2013 and 2017. This included GREs which are operating on a commercial basis and borrow on their own credit strength. It further points out that while GR...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
Iraqi Infrastructure Crunch Begins To Bite
...cision is still some months off, the government appears to be leaning towards the 9.3mn b/d target to be achieved in phases by 2020, Mr Ghadhban said. The oil ministry, which has conducted its own study, looks to be still committed to reaching plateau by contractual 2017, albeit at a reduced 9.5mn b/d le...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Oman Anticipates More LNG Exports On Back Of BP Upstream Output
...oject starts ramping up end-2016/early 2017, Nick Wilson writes. In its 2011 annual report published in May, OLNG says although its exports by volume declined 2%, its revenue rose 26.47% compared to the year before from $3.13bn to $3.96bn due to a 31% rise in prices. OLNG’s sales are in Asia-Pa...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
IMF Says Kuwait’s 2012 Economic Outlook Positive Despite Political Instability
...nsultation in May, the IMF sounded an alarm bell when it noted “that government expenditure will exhaust all oil revenues by 2017” and warned that fiscal consolidation is needed in the medium term if current trends continue (MEES, 21 May). But economists played down this scenario because Kuwait has adequate re...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Kuwait Discovers More Burgan Reservoirs, Plans Water Injection
...14, with injection scheduled for late 2017,” Chevron tells MEES. Steam flooding takes time to ramp up output as the rocks slowly heat up, giving results that show how many injection wells are needed – Oxy had to double the number of wells at Muhaizna, Oman, once full field development steam in...
Volume: 54Issue: 26Published at Mon, 27 Jun 2011 -
Statoil Enters Algerian Gas Sector Through BP Share Transaction
...7bn, of which Statoil’s share is $540mn. Phase One of the project, involving the development of the Krechba, Reg and Tegentour fields, is 70% complete and gas sales are fully contracted at 9 bcm/y to 2017, Statoil said. The In Amenas project, which is licensed to 2022 with a five year extension op...
Volume: 46Issue: 26Published at Mon, 30 Jun 2003 -
Gasco Expanding Egypt’s Gas Grid As Demand Is Projected To Rise To50BCM/Y By 2015
...M/y, about 1.8bn cfd) to 52 BCM/y (5bn cfd) by 2017 (see table below), MEES assistant editor Yasser Elguindi reports from Cairo. Most of this increase will come from the commissioning of additional power plants to satisfy growing demand for electricity, and the replacement of fuel oil by gas in ex...
Volume: 42Issue: 26Published at Mon, 28 Jun 1999