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Chevron Phillips Wins Stake At Major Qatar Petchems Project
...a key pillar of Qatar’s efforts to diversify its revenue base away from oil and gas – although clearly the level of diversification is limited. The planned petrochemicals complex marks a considerable turnaround from 2014-15 when QP axed its two petrochemicals projects amid lower prices and a st...
Volume: 62Issue: 26Published at Fri, 28 Jun 2019 -
QP To Downsize Foreign Staff In Reorganization Plan
...0,000 b/d for 2014, and to an average of 660,000 b/d for the first five months of 2015. Some large investment projects should help to stabilize oil production, such as the $4bn plans to update facilities and increase production at Bul Hanine from 40,000 b/d to 95,000 b/d by 2028 (MEES, 8 May). As for ga...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015 -
Petrofac: Iraq OK, Tunisia Out
...ria (ISIS)-spearheaded blitz. Petrofac says that it expects its Iraqi operations to represent less than 5% of its revenue in 2014. Meanwhile, the company says that its operations at the Chergui gas field in Tunisia, where it has a 45% stake in the producing asset, experienced a “temporary di...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
Analysis: Will New Amir Era Usher In QP Restructuring?
...d-2013/early 2014, Chinese state firm CNOOC and Total are expected to drill their first well in exploration Block BC. Total in May 2011 took a 25% stake in exploration Block BC (MEES, 26 April). Dolphin: Extra Gas to UAE? Until its 540mn cfd Shah gas field ramps up to full output in...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013