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Abu Dhabi Plans Further Offshore Reshuffling
...bmit a bid after the initial concession expired in 2014. Rosneft has sought to expand its regional presence of late (MEES, 16 June) and is also prequalified to bid for upstream contracts in Iran. ZAKUM CONSOLIDATION? No detail was provided as to how Adma will be divided, nor the rationale. But th...
Volume: 60Issue: 32Published at Fri, 11 Aug 2017 -
Egypt Oil Output: Apache Looks To Low Hanging Fruit For Output Rebound
...st couple of years. So a lot of low-hanging fruit that should help us with volumes and also with the ability to generate more free cash flow and also reinvest more,” he says. Apache’s most recent key Egypt output gains came in 2014 from the Ptah and Berenice fields in the Khalda Offset Permit in th...
Volume: 60Issue: 32Published at Fri, 11 Aug 2017 -
Offshore Exploration: What Chance Of A Rebound?
...azilian output is running at record levels, with the deepwater in June accounting for more than half of production for the first time (MEES, 4 August). But the exploration boom that led to this record output has tailed off: at 12 Brazil’s latest offshore rig count is less than half average 2014 le...
Volume: 60Issue: 32Published at Fri, 11 Aug 2017 -
Bahrain: $670mn CCGT Funding
...oject. The Line 6 plant will have 540,000 tons/year output capacity, taking total smelting capacity to 1.5mn t/y. The power plant will normally burn gas, requiring up to 240mn cfd at full capacity. Bahrain’s annual gas output has been steady at 1.5bn cfd during 2014-16. Bahrain is expanding capacity of...
Volume: 60Issue: 32Published at Fri, 11 Aug 2017