1. Iraq: New Field Start-Ups Offer Some Respite From Recent Woes

    ...veloped by a consortium led by Malaysia’s Petronas in partnership with Japan’s Japex and the state-owned South Oil Company. It had been due to start up in mid-2013 at a rate of 50,000 b/d and ramp up to its plateau of 230,000 b/d by 2017.   However, despite delays attributed mainly to difficulties ob...

    Volume: 56
    Issue: 36
    Published at Fri, 06 Sep 2013
  2. Abu Dhabi Drives Offshore Oil Development

    ...pacity to 3.5mn b/d. Delays to offshore production mean Abu Dhabi’s long-standing overall 3.5mn b/d production target has been pushed back from 2017 (MEES, 21 June).   Abu Dhabi’s other offshore consortium Zakum Development Company (ZADCO – state-owned Abu Dhabi National Oil Company – ADNOC 60%, Ex...

    Volume: 56
    Issue: 36
    Published at Fri, 06 Sep 2013
  3. LNG: Omani State Producers Join Forces; Yemen Looks To Price Hike

    ...s. It runs its 10.4mn t/y LNG trains at just 84% of their production capacity – just enough to meet term contracts. Oman hopes BP’s tight gas project coming onstream in 2017 will temporarily ease the crisis. Additionally, Iranian gas import volumes of around 600-700 cfd are expected by mid-2015 (ME...

    Volume: 56
    Issue: 36
    Published at Fri, 06 Sep 2013