1. Libyan Upstream Activity Picks Up

    ...ould add substantial oil and gas production increments from late 2014 (see Table 1).   Eni, through its Mellitah Oil joint venture with Libya’s National Oil Corporation (NOC), plans to move two key projects to construction next year. Both are heavily reliant on existing infrastructure, making ra...

    Volume: 55
    Issue: 34
    Published at Mon, 20 Aug 2012
  2. Oil Roils Kurdish Politics

    ...r late 2013, but realistically this is unlikely to be completed before 2014 (MEES, 28 May). In the meantime, Turkish firms continue to consolidate their position the region. On 6 August Genel Energy announced it was boosting its 23% stake in the OMV-operated Bina Bawi block to 44%, with $240mn ac...

    Volume: 55
    Issue: 34
    Published at Mon, 20 Aug 2012
  3. Jordan’s Energy Ministry Shortlists Companies For AOT Project

    ...mmenting on Jordan’s long term energy strategy, Minister of Energy and Mineral Resources 'Alai al-Batayna said that among the first priorities his country will need to raise its storage capacity for crude oil and petroleum products to 100,000 tons (around 750,000 barrels)  by the first half of 2014 and to mo...

    Volume: 55
    Issue: 34
    Published at Mon, 20 Aug 2012
  4. Abu Dhabi Moves Ahead With Nuclear Program

    ...rporation (KEPCO). ENEC’s CEO Muhammad al-Hammadi said: “These contracts will provide ENEC with long term security of supply, high quality fuel and favorable pricing and commercial terms.”   Abu Dhabi is struggling to develop its gas reserves and plans to import 1.2bn cfd of LNG by 2014-15 (MEES, 26 Ma...

    Volume: 55
    Issue: 34
    Published at Mon, 20 Aug 2012
  5. Chevron Awards CPC Pipeline Expansion Project Services Contract To Fluor

    ...rminal expansion in Novorossiysk as well as the supervisory control and data system (SCADA) for the entire pipeline. The project is scheduled to be completed at the end of 2014. The CPC consortium – which comprises Transneft, Kazakh state firm KazMunaiGaz (KMG), Chevron, ExxonMobil and Lukoil – began wo...

    Volume: 54
    Issue: 34
    Published at Mon, 22 Aug 2011
  6. Egyptian Refinery Takes Top Spot In African Project Financing

    ...C) consortium along with GS Engineering and Construction. The contractors estimate that they will complete construction and operational testing in the second half of 2014, with full operations beginning in 2015. With $2.6bn coming from senior and subordinated debt, the remaining $1.1bn of the $3....

    Volume: 53
    Issue: 34
    Published at Mon, 23 Aug 2010
  7. KMG Announces Delay Of Kashagan Phase 2 To 2018-19

    ...2015-16. Mr Kabyldin did confirm that commercial production from Kashagan Phase 1 would start by late 2012 at an initial rate of 14mn tons/year (280,000 b/d). Output is expected to nearly double by 2014-15 to 23mn t/y (460,000 b/d). However, this is thought insufficient to justify construction of th...

    Volume: 53
    Issue: 34
    Published at Mon, 23 Aug 2010
  8. North Africa Forges Ahead With Refinery Upgrades, Expansions More Elusive

    ...amant that the project will be completed by the second quarter of 2014. However, he concedes that the global financial crisis, which caused difficulties in securing financing and procuring materials, has delayed the project and driven up the costs. It was originally due on stream in 2011 at an estimated co...

    Volume: 52
    Issue: 34
    Published at Mon, 24 Aug 2009
  9. QP Sees Oil And Gas Output At 5Mn BOED By 2014

    ...Middle East Economic Survey VOL. LII No 34 24-Aug-2009 QATAR QP Sees Oil And Gas Output At 5Mn BOED By 2014 Qatar Petroleum’s Director of Oil and Gas Projects, Sa'd al-Ka'bi, said the country’s total oil and gas capacity could reach 5mn b/d of oil equivalent (boed) by 2014 wh...

    Volume: 52
    Issue: 34
    Published at Mon, 24 Aug 2009