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Qatar’s NFPS Ensures Legacy LNG Facilities Maintain Capacity
...tar carried out was the Plateau Maintenance Project (PMP) which started up in 2014. It involved brownfield work in the North Field and a revamp to onshore facilities aimed at maintaining the 10mn t/y capacity at its oldest three trains (MEES, 17 October 2014). Like the PMP project over a decade ag...
Volume: 68Issue: 29Published at Fri, 18 Jul 2025 -
Algeria: Fresh Output
...19 averaged 1.025mn b/d, and while this is up 5,000 b/d year-on-year, it still represents a 15% fall over the past five years. Output averaged 1.209mn b/d in 2014, but has declined each year since amid investment declines. The picture on the gas front is also worrying. In the first four months of 20...
Volume: 62Issue: 29Published at Fri, 19 Jul 2019 -
Upstream Investment: Are Shortfall Fears Overblown?
...The IEA and others continue to flag up an investment ‘shortfall’ and supposed coming supply crunch. Are such worries overstated? Global upstream capex was $434bn in 2016, a multi-year low. This was down 25% from 2015 and 40% below the 2014 peak of $730bn, according to the IEA’s ‘World En...
Volume: 60Issue: 29Published at Fri, 21 Jul 2017 -
Algeria Re-Tenders 3.6bcm/y Ain Tsila Gas Development
...September 2014. In June 2015, Petroceltic was still bullish that the EPC award would be made by the end of the year: then Chairman Robert Adair flagged up a likely EPC award and the start of development drilling “before the end of 2015,” with progress here “the key determinants” of hitting the th...
Volume: 60Issue: 29Published at Fri, 21 Jul 2017 -
Iraq: Record Products Imports Eat Into Crude Export Earnings
...maximize the proportion of their crude output refined domestically in order to maximize revenue, Iraq saw a mere 8% of its crude output refined domestically in April and May, the lowest figure on record. Refinery output nosedived in June 2014 when Islamic State (IS) captured the 310,000 b/d Ba...
Volume: 59Issue: 29Published at Fri, 22 Jul 2016 -
Genel Ramps Up KRG Output As Exports Rise
...liver in excess of 100,000 b/d net to Genel on peak days in the January-June period from its working interest in the Taq Taq and Tawke fields. The figure compares with average net output from the Kurdish fields of 69,000 b/d in 2014. The recent production boost, Genel says, helped the Kurdistan Re...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Iran Boosts Salman Output
...e field has 46 oil wells, and 10 water injection wells. This boost in Salman oil output comes as part of a $2bn Iranian Oil Ministry plan announced in 2014 aimed at boosting offshore production. The ministry has long made expediting the development of the fields Iran shares with its ne...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Partex Sees Adco Opportunity As BP, Shell Shun Terms
...s a partnership of Adnoc with 60%, Total, BP, Shell and ExxonMobil each with 9.5% and Partex with 2%. When the concession expired in January 2014, Adnoc qualified its four oil Major ex-partners but excluded Partex, as it tried to expand participation to bring in more Asian companies and other European an...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Kuwait Energy Gets Iraq Reserve Boost, Output Up
...oil equivalent (boe) at end-2014. Block 9 alone accounts for 507.5mn boe. KEC posted record annual working interest production of 25,252 b/d for 2014, up 8% on 2013. Output rose further to 26,820 b/d in Q1 this year (see table) but likely dipped in Q2 with production at the firm’s Block 5 license in...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Israel: New Gas Law
...w of 1952 has few requirements of the operator: several only have a 5% stake, the minimum under current rules (see table, MEES, 5 December 2014). A common pattern of recent years has been for firms with little-to-no oil experience to snap up the rights to offshore licences in the hope that the 2009 an...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Oryx Aims For 200KBD
...anned appraisal wells, scheduled for late 2013-early 2014, could add to this and the firm has identified three further prospects. Drilling has begun on two of these: the AAS-1 well on the Ain al-Safra prospect spudded on 10 June and the Zeg-1 well spudded in late April. Oryx, which recently listed in To...
Volume: 56Issue: 29Published at Fri, 19 Jul 2013