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Nuclear Deal Breathes New Life In To Iran-Pakistan Gas Pipeline Project
...2017 Though the Iranian segment of the line has been complete for close to two years, work on the 800km Pakistani side came to a standstill soon after it began back in March 2013, with Pakistan citing both financial and political constraints. The threat of sanctions from the US for its in...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
Iraq: Crisis Remains At The Door Despite Badra Start Up
...oil from the south to attain its production and export targets. Badra is due to ramp up to 60,000 b/d by the end of the year and attain plateau production of 170,000 b/d by 2017. Once commercial production is attained, the foreign contractors will be paid a remuneration fee of $5.5/B. Gazprom Ne...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
MENA Leads OPEC Refining Hike As First Mega-Refinery Comes Onstream
...wly released Annual Statistical Bulletin 2014. The data includes the first of the Gulf mega-refineries to be completed: the 400,000 b/d Satorp joint venture of Saudi Aramco and France’s Total. The similar-sized Aramco/Sinopec Yasref refinery and Aramco Jazan refinery are due onstream in 2014 and 2017...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Oman Ramps Up Plant Construction To Meet Rising Power Demand
...mpany has started the bidding process for an engineering, procurement and construction (EPC) contract, with a start-up target of 4Q16. OPWP has also requested proposals for a 200,000 cmd IWP at Qurayyat, with a view to start-up in March 2017. OPWP has shortlisted sites in the Ibri, Sohar and Suwaiq re...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Jazan Development: Saudi Aramco Sprints To The Rescue
...nopec 400 Jazan (2017) 100 400 End-2017 Domestic 3,305 Port Arthur, US 50...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
230,000 B/D Garraf Joins List of Delayed Iraqi Projects
...late 2011/early 2012, causing a delay of at least two years to the original 2015 phase 1 start-up (MEES, 26 March 2012). Current project manager, CH2M Hill believes it can still make the 5.2mn b/d phase 1 start up by 2017 (MEES, 22 March), but most Iraqi oil investors are skeptical. A high pr...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Abu Dhabi: Onshore Pumps 1.5Mn B/D, Investing $40Bn
...0,000 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 (see map, p3 and MEES, 21 June). The last time the target was publicly stated, it was for 2017, though it was originally for 2015. Abu Dhabi is half wa...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Aramco Rigs To Hit 200 By End-14, But Drilling Delayed
...0,000 b/d by end 2014, and plans a 300,000 b/d expansion at Khurais to 1.5mn b/d and a 250,000 b/d push to 1mn b/d at Shaybah by 2017 (MEES April 19). But Aramco’s short-term deployment of more rigs has been delayed, according to fellow services firm Baker Hughes. CEO Martin Craighead to...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
OPWP Sets Out Development Priorities, Reports 2012 Progress
...ntracts is due to expire in 2017, with a total of five due out of 12 existing deals due to expire by the end of 2020. The study is due for completion in 2013. OPWP’s latest seven-year outlook foresees strong demand growth in its two main grids, with MIS peak demand rising by 9.5% a year to 8.1gw in...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Confusion Spreads Over Abu Dhabi Oil Fields Concession
...nce the process started and Abu Dhabi, which suffers from a severe gas shortage each summer, does not expect to get full gas output from Shah until 2015. Onshore oil projects also face delays. ADCO’s official target date has slipped from 1.8mn b/d production capacity in 2016 to 2017, partly du...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
Kuwait: Oil Minister Reappointed, Refinery Plans Advance, Petrofac In Gas Talks
...ES. Earlier in the year KNPC was citing 2017 as the target for completion, although acting oil minister Hani Husain is understood to have recently said it will be ready by 2018-19. Kuwait aims to build a new 615,000 b/d refinery at al-Zour. In parallel it will develop the Clean Fuels Pr...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
Oman Starts Reducing Gas Subsidies
...id. “There is a realization in the gas sector that gas prices of seven, eight, nine years ago are no longer valid.” BP aims to produce 1bn cfd of gas and 20,000 b/d of condensate by end-2016/early 2017 from its $15bn Khazzan/Makarem tight gas project (MEES 16 April). It will take a final in...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
Iraqi Oil Fields Development: Profiles Of Production, Depletion And Revenue
...melines and production targets, their total production capacity would reach a peck of 11.815mn b/d, sustained for the six consecutive years 2017-22. For each oil field, annual production over the 20 years of the contract period was calculated according to the plateau production period (PPP) and their re...
Volume: 53Issue: 30Published at Mon, 26 Jul 2010 -
Agencies Rate Oman LNG’s $175Mn Commercial Bank Facility
...G’s existing $1.3bn commercial bank facility due 2017, of which $1.20bn is outstanding. Several key factors support S&P’s view that the additional debt and Oman LNG’s investment in QLNG are not detrimental to the A- rating, said the agency: “no cash flow from QLNG is assumed for Oman LNG’s ability to...
Volume: 47Issue: 30Published at Mon, 26 Jul 2004 -
First Gas Flows From Newly Completed Western Desert Gas Development
...om 12 tcf in 1992 to nearly 40 tcf today. Egypt痴 domestic demand is projected to rise from the current level of 1.8bn cfd to nearly 5bn cfd by the year 2017 (MEES, 28 June). In addition to the Western Desert, three big development projects consisting of five fields in the offshore Mediterranean are se...
Volume: 42Issue: 30Published at Mon, 26 Jul 1999