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