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ADCO Expands North East Bab, Abu Dhabi 3.5Mn B/D Target Back To 2020
...abi Marine Operating Company (ADMA-OPCO) said its 100,000 b/d oil field development of the offshore Umm Lulu field will form part of a 400,000-1mn b/d boost to the emirate’s output by 2020 (MEES, 21 June). The last time the target was publicly stated, it was set for 2017, though it was originally 20...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
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