- Sort by:
- Score
- Published ▼
-
Libya Eyes 10,000 B/D 1H24 Output At North Hamada
...w a pipeline connection between Tahara and the parallel El Feel/Sharara to Zawiya/Mellitah trunk crude pipelines. Full development of the seven fields on Area 47’s Block 2 on which commerciality was declared in 2011 and 2014 is slated to produce 50,000-60,000 b/d liquids and 90mn cfd gas with ou...
Volume: 66Issue: 35Published at Fri, 01 Sep 2023 -
Libya’s NOC Moves To ‘Save’ Key Oil & Gas Project
...(MEES, 27 November 2020). The development has since 2014 been operated by the Nafusah Oil Operations consortium consisting of Medco (24.5%op), Libyan Investment Authority (LIA 24.5%) and NOC (51%). In a bid to “save the project”, Mr Bengdara has, according to Mr Sanalla, set up a committee to ne...
Volume: 65Issue: 35Published at Fri, 02 Sep 2022 -
Kuwait Upstream Chief Pledges Ambitious Investment To Boost Capacity
...pacity at 1.7mn b/d with a technical service agreement (TSA) in 2014, which was subsequently upgraded to an enhanced technical service agreement (ETSA) in 2016 (MEES, 15 July 2016). GAS: STEADY GAINS PLANNED When it comes to gas, KOC’s plans are at least more clear-cut. Mr Sultan says “we...
Volume: 62Issue: 35Published at Fri, 30 Aug 2019 -
Kurdistan Oil Sector Outperforming Expectations in 2018
...likely, but the 10,000 b/d production facilities are relatively close to a light oil discovery by Total and US firm Marathon that lies within the same current block (Block 11). The 43°API discovery at the Jisik-1 well in the now-defunct Harir block flowed at 6,100 b/d according to Total in 2014 (MEES, 5 De...
Volume: 61Issue: 35Published at Fri, 31 Aug 2018 -
Iraq: Major Challenges Remain For New Oil Minister Despite Kirkuk Breakthrough
...ficials advocating Kirkuk oil be trucked to Iran in the interim, but the new agreement renders this already unlikely outcome even more so. As for whether a new revenue sharing agreement along the lines of the defunct December 2014 terms can be realized, there remains a considerable gap between their po...
Volume: 59Issue: 35Published at Fri, 02 Sep 2016 -
Erbil And Baghdad Take Oil Dispute Public, Again
...R says it was assigned responsibility for finding buyers for KRG crude oil and for agreeing with the previous buyers of the KRG’s oil (who had made pre-payments in 2014) to defer their outstanding pre-payments until 2016, to enable the KRG to receive the full $850mn per month during 2015. It was as...
Volume: 58Issue: 35Published at Fri, 28 Aug 2015 -
Algeria’s Sonatrach Continues Relentless Battle Against Production Decline
...ALGERIA Algeria’s Sonatrach Continues Relentless Battle Against Production Decline Algeria’s crude and gas output fell for the ninth consecutive year in 2014, the Office of National Statistics (ONS) said in a report this month. The report said, compared with the 5.5% drop recorded in...
Volume: 58Issue: 35Published at Fri, 28 Aug 2015 -
Iran Mulls Offering South Pars To IOCs As Opening Delayed
...l firms is intricately tied to the fate of ongoing talks between Iran and the P5+1 group of world powers over its nuclear program. Nuclear talks were due to have ended on 22 July, hence the roadshow scheduled for the second half (and originally the first half) of 2014. But, with a deal not re...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
Iraq Shake-Up: CNPC Enters West Qurna-1; Shell Slammed Over Majnoon
...ly and the 40,000-60,000 b/d first phase of Gazprom’s Badra oilfield now postponed to early 2014. The West Qurna-2 development led by Russian Lukoil is due to start up at the end of the year at an initial rate of 100,000 b/d, but MEES soundings suggest the timetable may slip to early next year be...
Volume: 56Issue: 35Published at Fri, 30 Aug 2013