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Israel’s Leviathan: FID For 1.4bn Cfd Expansion, But FLNG Plans Stall
...own) and its then partners at the Tamar field came close to an agreement with a Korean consortium to secure an FLNG for Tamar expansion. A year later a deal to sell 25% of Leviathan to Australia’s Woodside also fell through – the deal had targeted FLNG for the field’s development (MEES, 23 May 2014...
Volume: 66Issue: 27Published at Fri, 07 Jul 2023 -
Shell Completes The Set For Qatar’s NFE Expansion
....2%. With prices soaring, Qatari export revenues are booming and the latest government figures show a $500mn jump in May to $12.44bn – the highest figure since March 2014’s $12.46bn (see chart). Revenues are fast closing in on that figure and on January 2014’s $12.58bn, which is the highest monthly fi...
Volume: 65Issue: 27Published at Fri, 08 Jul 2022 -
Iran Aims For Total Reboot Of Oil And Gas Sector
...PC was then ejected in 2012 due to lack of progress (MEES, 2 July 2012). The Chinese firm appears to have been partially forgiven for this, and for similarly slow work at South Azadegan from where it was given the boot in 2014 (MEES, 9 May 2014). Oil Minister Bijan Zanganeh says the partners’ “in...
Volume: 60Issue: 27Published at Fri, 07 Jul 2017 -
Total Talks Crackers On Both Sides Of Gulf
...09, having signed the shareholders agreement that officially cemented their relationship in June 2008. Construction of the refinery took place during 2010-13. Satorp shipped its first products cargo in September 2013 and reached full operational capacity in mid-2014 (MEES, 15 August 2014). ...
Volume: 60Issue: 27Published at Fri, 07 Jul 2017 -
Abu Dhabi Streamlining Creates $135bn Energy Fund With Global Reach
...June). IPIC reports that it recorded a net loss of $2.6bn in 2015, down from a $1.5bn profit in 2014. Revenue fell around 30% to $35.8bn as low oil prices resulted in the devaluation of many of its oil and gas investments. Its upstream stakes give it working interest production of just over 20...
Volume: 59Issue: 27Published at Fri, 08 Jul 2016 -
Middle Eastern NOCs Look To Make Sense Of A Low Oil Price World
...developing infrastructure, especially in the downstream sector, including investing in three new refineries, with much of the materials procured locally, it adds. It cites Saudi Aramco’s 2014 Annual Review saying that between 2010 and 2014 a total of $143bn was spent on procuring services and ma...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Genel Optimism As KRG Output Soars
...vanced across northern Iraq (see graph). The firm says neither its output nor exports are threatened. Gross production from Taq Taq rose to 113,000 b/d of oil equivalent in June and averaged 92,000 boe/d in the first half of 2014. Gross production from Tawke was 116,000 boe/d in June and average fi...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014