- Sort by:
- Score
- Published ▼
-
Abu Dhabi’s Ewec Eyes New Era Of Low-Cost, Low-Carbon Power
...3Q 2026. Ewec is also tendering for the 273,000 m³/d Saadiyat Island RO plant, which it hopes to bring online in 2027. 1: ABU DHABI’S EWEC GAS FEEDSTOCK REQUIREMENTS FALL 30% FROM THEIR 2017 PEAK DESPITE OVERALL GENERATION SOARING (TWh) 2: ABU DHABI ‘CLEAN’ POWER GENERATION (TWh): OUTPUT HA...
Volume: 68Issue: 31Published at Fri, 01 Aug 2025 -
Oman Eyes Fourth LNG Train Taking Capacity To 15.2mn t/y By 2029
...untry has experienced a gas ‘renaissance’ since 2017 when BP brought online the massive Khazzan gas development. With the second phase Ghazeer expansion successfully added, the field now produces 1.5bn cfd, some 37% of the country’s current non-associated gas output. Added to this is new output from th...
Volume: 67Issue: 31Published at Fri, 02 Aug 2024 -
Neom’s Sustainable Power & Water Plans: Enowa CEO Speaks With MEES
...wn with MEES to discuss the project. The region of Neom is one of the most prominent symbols of Saudi Arabia’s Vision 2030. First announced by Crown Prince Muhammad bin Salman in 2017 as “the land of the future, where great minds and talents can create ground-breaking ideas and think outside the bo...
Volume: 67Issue: 31Published at Fri, 02 Aug 2024 -
Egypt Braces For Prolonged Power Cuts
...ypt’s Electricity Ministry. Fuel oil imports though increased before that, rising to 237,000 tons (1.57mn barrels) for the week beginning 17 July, the highest in Kpler data going back to 2017. This coincided with the beginning of the power cuts. Last year Egypt ramped-up fuel oil burn, as it ma...
Volume: 66Issue: 31Published at Fri, 04 Aug 2023 -
Iran’s Energy Sector: Lots Of Bluster But Limited Progress
...m/year to the sultanate for re-export through the Oman LNG facilities (MEES, 14 March 2014). Notably, Oman was to be supplied with volumes from the Kish field. In 2017 a new route was approved to avoid UAE waters (MEES, 24 March 2017), but other than that there was no apparent progress between the ea...
Volume: 65Issue: 31Published at Fri, 05 Aug 2022 -
Saudi Budget Surplus Tops $20bn
...Saudi Budget Surplus Tops $20bn Freshly released Ministry of Finance figures show that Saudi Arabia posted a $20.8bn surplus in Q2 – by far the highest figure since the ministry began releasing quarterly figures in 2017. Revenues were up across the board, rising by nearly $25bn to $98...
Volume: 65Issue: 31Published at Fri, 05 Aug 2022 -
KRG: Chevron, Genel Press Ahead At Sarta Despite Water Ingress
...latively painlessly. But, given the track record of similar issues elsewhere in Iraqi Kurdistan, it is clearly worth watching. Indeed, Genel is well aware of this given that water-cut issues at its Taq Taq field contributed to massive decline rates (MEES, 31 March 2017). Taq Taq output peaked at 13...
Volume: 64Issue: 31Published at Fri, 06 Aug 2021 -
Algeria: Key Oil Fields At 20-Year Low
...,000 b/d for 1H 2021 is up on 2020 but well down on typical 2017-18 volumes, echoing the long-term decline in the field’s gas output. In Salah, a second project grouping BP and Equinor with Sonatrach, is also in long term decline (see chart). *Algeria knows that it needs to attract more IOC in...
Volume: 64Issue: 31Published at Fri, 06 Aug 2021 -
Japan Crude Imports: Q2 Sees Record Murban Buying
...ngdom on pace to beat the annual record of 40.1% set in 2017. *Japan is under renewed Covid restrictions with cases at their highest level since the start of the pandemic. With the country’s oil imports already on a long-term downward trend, this year is on track to see the lowest imports si...
Volume: 64Issue: 31Published at Fri, 06 Aug 2021 -
Qatar Export Revenues Soar To Highest Level Since 2018
...tal exports. Total gas export volumes this year are running at their highest level since 2017. The latest Jodi statistics show that Qatar has exported 57.18 bcm over the first five months of the year, equating to an average of 15.3bn cfd (see chart 2). Piped gas through the Dolphin pipeline to the UA...
Volume: 64Issue: 31Published at Fri, 06 Aug 2021 -
Iraqi Oil Revenues At Highest Since 2019: Is This Enough To Stabilize The Economy?
...nuary 2017 providing a boost to prices, reserves gradually recovered to hold at more than $65bn in 2019, before dropping sharply in 2020 amid the Covid-19 pandemic. However, the low-point in this cycle was a more modest $55.1bn in November. In addition to currency devaluation, which Mr Allawi re...
Volume: 64Issue: 31Published at Fri, 06 Aug 2021 -
UAE Extradites Former Sonatrach Chief
...rrant related to alleged corruption surrounding the December 2018 purchase of a 200,000 b/d refinery in Augusta, Italy from ExxonMobil (MEES, 11 May 2018). Ould Kaddour was Sonatrach CEO from March 2017 to April 2019, with his ouster coming three weeks after that of former president Bouteflika to wh...
Volume: 64Issue: 31Published at Fri, 06 Aug 2021 -
KRG Gets Vote Of Confidence From Key Upstream Players
...st two years. Until recently, Erbil was squabbling with foreign operators over payments, which hindered investment and output (MEES, 10 February 2017) – a reality further exacerbated by the loss of revenues from 280,000 b/d worth of production after Baghdad retook key Kirkuk fields following the fa...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Iraq Crude Exports Edge Up In July
...rticularly to the post-2014 oil price crash when Iraqi revenues halved to less than $50bn a year. Higher oil prices have nonetheless given Baghdad some breathing room in the last couple years. The government ran a slight surplus in 2017 and a whopping $21.6bn surplus last year. Central Bank of Iraq data fo...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Now Or Never For Leviathan As Partners Re-Float LNG Plans
...lek and Ratio, are eying the further expansion of the field. Discovered back in 2010, the partners only stumbled to a final investment decision in 2017, and this for a greatly scaled back ‘Phase-1A’ project (MEES, 24 February 2017). Though first gas is on track for the end of this year, full field de...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Israel Awards 12 Blocks
...rael Opportunity took Zone D’s four blocks. All three zones are in the southern half of Israel’s EEZ (see map). The small blocks were grouped together in larger zones after a bid round launched 12 months earlier had failed to yield any big names (MEES, 15 December 2017). This tactic also appears to ha...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Total Sees Algeria Revenue Fueling Mozambique LNG Plans
...quired via last year’s Maersk takeover (MEES, 25 August 2017). So the Anadarko deal triples its output from the acreage to just shy of 100,000 b/d. Not surprisingly, Mr Pouyanné says the company “anticipate[s] some efficiency gains” in Algeria as a result of the deal. Total’s overall Algeria output also in...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Tunisia At The Crossroads
...der 25, whose inability to secure formal employment was a key catalyst for the 2010-11 revolution. Creating jobs is thus a political imperative for Tunisia. And an economic one too if is to reach its stated aim of a 3.9% fiscal deficit, down from 2018’s 4.6% and 2017’s 6% (see table). PUBLIC SE...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Oman Cuts Power Growth Forecast, Eyes Lower Gas Burn
...r powergen and instead views incremental gas volumes as a source of additional export revenues. GAS BILL While the reduction in gas burning would be expected to reduce OPWP’s gas bill, it is not clear whether the introduction of time-of-use tariffs for electricity consumers in 2017...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Kuwait In IMO 2020-Inspired Al Zour Rethink
...vised RFCC unit’s capacity will be 98,000 b/d. The upgrading project eventually moved forward in 2017 when UOP was awarded projects for a 50,000 b/d RFCC, a 66,000 b/d CCR and 74,000 b/d naphtha hydrotreater within the Al Zour complex (MEES, 8 December 2017). These latter two units will also likely se...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019