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Offshore Morocco Hots Up With Cairn, Genel Purchases
...ploration wells may follow in 2014, Cairn says. Two key prospects have been identified on the block, where water depths are 500-2,000ms. Small independent firms San Leon, Serica and Longreach have reduced their former collective 75% stake pro rata to make way for Cairn. San Leon now has 14.2%, Serica 8....
Volume: 55Issue: 36Published at Mon, 03 Sep 2012 -
Kuwait Looks To FID On Australia LNG Project By Year-End
...wait Foreign Petroleum Exploration Company (Kufpec) and its partners a step closer to taking the final investment decision (FID) on the 15mn tons/year project. Kufpec (7%) and its partners – operator Chevron (73.6%), Shell (6.4%) and Apache (13%) – aim to start production at a rate of 8.9mn t/y in 2014...
Volume: 54Issue: 36Published at Mon, 05 Sep 2011 -
Egypt’s 2010-11 Budget To Pursue Growth Path
...ven the containment of the world financial crisis, his ministry envisages a reduction in the debt/GDP ratio to 55-60% by 2014-15 from 65.8% at end-December 2009 and the fall in the budget deficit/GDP ratio to 3.5% by 2014-15. This would require the adoption of fiscal measures and laws by parliament to br...
Volume: 53Issue: 36Published at Mon, 06 Sep 2010 -
Azeri Energy Minister Announces Readiness To Join Nabucco Project
...bucco – one branch of a gas pipeline which will give us the opportunity to deliver gas from the Caspian region to Europe.” Mr Aliyev also noted that Azerbaijan estimated that its future gas production would reach 32 bcm/year by 2014 and 40 bcm/y by 2017. This was the first time the Azeris have su...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
The Georgia-Russia Standoff And The Future Of Caspian And Central Asian Energy Supplies
...ve a boost to alternative energy supplies to Europe as well as other exotic routes for Caspian and Central Asian oil and gas. Notes: 1. BTE currently carries 6 bcm/year of gas, which is projected to reach 20 bcm/y by 2014. Oil volumes are also transported through Azerbaijan and Georgia via the Ba...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
Official Opening For CPC Pipeline Set For Late September
...creased to 1.36mn b/d by 2014 in order to accommodate TCO’s targeted output of 700,000 b/d from the Tengiz field, plus that of other regional producers. Equity interest in CPC is allocated as follows: Russian Federation (24%), Republic of Kazakstan (19%), Sultanate of Oman (7%), Chevron Caspian Pi...
Volume: 44Issue: 36Published at Mon, 03 Sep 2001