1. Confusion Spreads Over Abu Dhabi Oil Fields Concession

    ...shore fields and expires in January 2014. State-owned Abu Dhabi National Oil Company (ADNOC) invited selected firms to apply for prequalification by July 15, but BP has not yet been invited (MEES, 9 July). Nick Wilson writes.   ““They did not receive an invitation. They were not on the list,” AD...

    Volume: 55
    Issue: 30
    Published at Mon, 23 Jul 2012
  2. Qatar Eyes Iran As Tehran Pushes Shared Oil Field Development

    ...possible for Qatar to produce an accurate computer model of the depletion rate, at a time when Doha has imposed a moratorium on future major development projects before 2014, while it studies the field. Tehran’s Concerns Tehran is concerned that the Qatari gas development – which is far in front of Ir...

    Volume: 53
    Issue: 30
    Published at Mon, 26 Jul 2010
  3. Faltering Upstream Progress Undermines Libyan Output Targets

    ...ploitation of new ones, is the Waha oil company, whose Chairman Bashir El-Ashahab said in an interview earlier this month that it was targeting 650,000 b/d by 2014. The company is currently producing 370,000 b/d, according to Waha sources, and the first of four major development projects, Faregh Phase 2, is...

    Volume: 52
    Issue: 30
    Published at Mon, 27 Jul 2009
  4. RasGas Sees Largest Ever Order Book For Middle East Bond

    ...anned total of $2.23bn, divided into a series of three with bullet maturities – the E series is worth $500mn, maturing in 2012; the F series worth $1.115bn, maturing in 2014; and G series of $615mn, maturing in 2019 (MEES, 13 July). Pricing was attractive, with the three-year issue at treasuries pl...

    Volume: 52
    Issue: 30
    Published at Mon, 27 Jul 2009
  5. Saudis Focus Efforts On Economic City Drive

    ...iversity of Science and Technology (KAUST), currently under construction and which is being touted as a ‘Harvard on the Red Sea’. State-owned Saudi Aramco and its partner Japan’s Sumitomo are proceeding with plans for a further multi-billion dollar expansion at PETRORabigh, which should be complete by 2014...

    Volume: 52
    Issue: 30
    Published at Mon, 27 Jul 2009