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Iraqi Infrastructure Crunch Begins To Bite
...e Kurdistan Regional Government (KRG) area (currently running at half of 300,000b/d capacity), Chairman of the Prime Ministerial Advisory Committee Thamir Ghadhban said. Next year 500,000 b/d of new capacity should be added, with around 700,000 b/d in 2014, to achieve a sustainable capacity target of...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Abu Dhabi Invites IOCs To Prequalify – Partex’s 2% Stake Up For Grabs
...rtex (2%) – which expire in January 2014, while replacing Partex with a newcomer that can bring finance or technology to the consortium – or auction off individual fields, which produce a total of over 1.4mn b/d. Prequalifying submissions have to be in by mid-July. Partex’s 2% stake is a historical qu...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Oman Anticipates More LNG Exports On Back Of BP Upstream Output
...ditional exports in the period post-2016 after BP has ramped up to ‘to be agreed with government’ production levels for tight gas. In 2014 plans for 2016-onwards production and demand levels will be firmed up and the options to export, or not, will be clearer.” Oman LNG (government 51%, Shell 30...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Kuwait Discovers More Burgan Reservoirs, Plans Water Injection
...ra structure – one of the fastest-depleting reservoirs, MEES learns. The project needs collection, treatment and injection facilities by 2014 for as much as 1mn b/d of water. When Burgan first started producing nearly 70 years ago some individual wells were producing 15,000 b/d. “Today additional we...
Volume: 54Issue: 26Published at Mon, 27 Jun 2011