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WND Advances With Contract Award
...ter, are slated to produce 600mn cfd from late 2017. They are the furthest east of the five key fields to be developed as part of the WND project. As such they are the nearest to BG’s existing WDDM offshore infrastructure and will be connected to BG’s existing offshore Burullus tie-in structure via do...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Algeria Fields Start Up
...m, IPIC – 40%. The two projects have been subject to multi-year delays (MEES, 20 February). The next oil project scheduled to come online in 2017 is the Central Area Field Complex operated by Eni in the Berkine basin (MEES, 29 May). Algeria’s $90bn 2015-19 upstream spending plan of...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
EU-Algiers Political Efforts Out Of Touch With Market Realities
...cording to the IEA’s estimates, way below Sonatrach’s claims that the country can export 65 bcm/year by 2017 (MEES, 5 June). THE LNG FACTOR The IEA expects gas demand from its European members (most EU countries, plus Norway, Switzerland and Turkey) to edge up to an annual 500 bcm by 2020, up 18 bc...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Egypt Signs Deals For CDU, Diesel Units In Push To Meet Rising Demand
...siut 25 Vapor Recovery Unit (LPG) 3,900 2016 Suez 36.5 Vapor Recovery Unit (LPG) 1,500 2017 Su...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Egypt Powers Ahead With Electricity Expansion
...ll cost €100mn ($110mn) to build and is scheduled for start-up in 2017. Edison, like all foreign oil and gas producers in Egypt, has suffered delayed payments in recent years. But the company says recent normalization of payments by EGAS has persuaded it to start building a third production pl...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Iran Plans March Azar Start-Up
...anian year (20 March 2016-20 March 2017), senior reservoir engineer Keyvan Yarahmadi says. The field is thought to be a continuation of Iraq’s 3bn barrel Badra field which is operated by Russia’s Gazprom Neft. Current Badra output is 27,000-28,000 b/d, up from 15,000 b/d last year - though this is so...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Shell And BP Step Back From ADCO
...velopment of Adco’s cluster of 15 principal oil fields, which are expected to produce 1.8mn b/d by 2017. Earlier reports had suggested that Shell and BP were trying to negotiate better terms with Adnoc, but Mr Dudley’s remarks suggest that the state-owned UAE oil company was not in the mood to ba...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Sadara To Supply Juffali Plant With MDI
...ongside the Sadara petrochemicals complex. Juffali plans to start up a new plant in PlasChem in the first half of 2017. Sadara says the new Juffali facility will consist of several manufacturing plants producing specialty chemicals for use within the kingdom. Some units will be fed directly by Sadara, ot...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Israel Closes $1bn Solar Financing
...e 121MW CSP project last year (MEES, 18 July 2014). Megalim laid the cornerstone for the 121MW project in June, with a view to connecting to the Israeli grid in 2017. The partners expect the plant to deliver 320GWh of electricity to the grid annually. The plant will comprise a 240m high solar to...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Jordan Taps Bumper Aid; IMF Praises Energy Policy
...riff increases scheduled for early 2016 and 2017. In the future there might be scope for revisiting the substantial cross-subsidization of the planned tariff structure… We also stand ready to reinstate the full tariff increase of early 2015 should the oil price go above $70/B for a period longer than tw...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015