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  1. BG Takes Further Egypt Hit; BP Upbeat On Drilling Success

    ...EGYPT   BG Takes Further Egypt Hit; BP Upbeat On Drilling Success   UK mini-major BG has again downgraded its production forecasts on the back of Egyptian delays, having made a previous major downgrade only seven months ago (MEES, 14 February).   For 2014, BG an...

    Volume: 56
    Issue: 37
    Published at Fri, 13 Sep 2013

  2. Qatar In Talks To Boost Shell Share Stake To 7%

    ...r Onshore Oil Operations (ADCO) consortium, in which Shell holds a 9.5% stake. The ADCO concession includes most of the emirate’s major onshore fields and expires in January 2014. Abu Dhabi pays ADCO stake holders a fee of one dollar per barrel of their share of the consortium, which aims to produce 1....

    Volume: 55
    Issue: 37
    Published at Fri, 07 Sep 2012

  3. AGOCO Steps Up Exploration In Libya’s Ghadames Basin

    ...d now has until early 2014 to drill its one commitment well on the block which lies in water depths of zero to 2,200m.  Foreigners On The Sidelines AGOCO’s activity contrasts with the majority of international oil companies’ Libyan upstream positions. These firms, for the most part, have be...

    Volume: 55
    Issue: 37
    Published at Fri, 07 Sep 2012

  4. Iran, Pakistan Go Ahead With Pipeline Despite Finance Problems

    ...kistan (IP) gas pipeline. The 8.7 bcm/y capacity project, which is an extension of Iran’s IGAT-8 pipeline, was 75% completed by early June 2012, (MEES, 11 June). Completion on the Iranian side is expected by the 2Q or 3Q of 2014, and is linked to a 750mn cfd sales and purchase agreement the two sides fi...

    Volume: 55
    Issue: 37
    Published at Fri, 07 Sep 2012

  5. Kuwait Increases LNG Imports And Fuel Oil Exports

    ...the sales gas pool. Kuwait is turning increasingly to enhanced oil recovery, which is energy intensive. Chevron expects to take its final investment decision in 2014 on going ahead with its high energy use heavy oil steam injection project in the NZ. A green light may trigger more LNG im...

    Volume: 54
    Issue: 37
    Published at Mon, 12 Sep 2011

  6. Cyprus Energy Department Urges Gas Search, Turkey Threatens Intervention

    ...ock 12, with gas being transported to the island by pipeline; transporting gas to Cyprus from Israel’s offshore Leviathan field by pipeline; and transporting gas to the island from both sources (MEES, 22 August, 4 July). “The Americans want to bring us natural gas by 2014 and are asking for co...

    Volume: 54
    Issue: 37
    Published at Mon, 12 Sep 2011

  7. Kuwait’s Real GDP Will Grow By 5.6% In 2011-12, Says QNB Capital

    ...rther non-oil expansion, resulting in 1% GDP growth to $167bn, it added. A new development plan is attempting to push ahead with $110bn of projects until 2014; half of it is intended to be financed by the private sector. The state has pledged to guarantee KD10bn ($36.49bn) of bank loans to pr...

    Volume: 54
    Issue: 37
    Published at Mon, 12 Sep 2011

  8. Multi-Billion Dollar Financing Proposal Boosts Nabucco Project

    ...bcm/y of Shah Deniz Stage 2 natural gas, which is expected to become available as early as 2014-15. Furthermore, Nabucco intends to transport gas from Iraqi Kurdistan, where Nabucco consortium leader OMV and partner MOL of Hungary hold shares in the Khor Mor and Chemchemal gas fields as partners in...

    Volume: 53
    Issue: 37
    Published at Mon, 13 Sep 2010

  9. KNPC Awards Acid Gas Removal Plant Contract To Tecnimont

    ...nstruction of an acid gas removal plant to Italy’s Tecnimont on 6 September. The project will be executed on a lump sum turnkey basis for $406mn, KUNA reported. Completion is expected by 2014. The contract foresees the provision of engineering, procurement, construction and commissioning (EPCC) services for ne...

    Volume: 53
    Issue: 37
    Published at Mon, 13 Sep 2010

  10. Basri Proposes New Approach To Budget Planning In Iraq

    ...provement of government services (health and housing) and for raising productivity in promising projects by adopting the PPP model Dr Basri projects a gradual increase in oil production/exports and revenues during the five-year period, with a rise in oil revenue to $94.5bn in 2014 from $36.0bn in 2009. No...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  11. ERC Targets Early 2010 Financial Close For Musturud Refinery Upgrade

    ...rtial exemptions will be granted to refineries which supply the local market. While the project will go ahead, the tax issue has yet to be fully clarified, MEES further understands. ERC suggests that the refinery upgrade/expansion will be completed by 2014 (MEES, 24 August). It was originally due on...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  12. Dubai Metro, Gulf’s First Train Network, Starts Up

    ...d first class carriages, and a wireless internet service on every train. The whole network will be completed in 2014 and plans call for it to span 318km eventually. The Dubai authorities anticipate 200mn passenger journeys per year. The railway took four years to build and cost $7.64bn – double th...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  13. Kashagan Early Oil May Be Delayed To 2014

    ...Middle East Economic Survey VOL. LI No 37 15-Sept-2008 CASPIAN Kashagan Early Oil May Be Delayed To 2014 Timur Kulibayev, Chairman of Kazakh oil producers’ association KazEnergy told a conference in Astana on 4 September that start-up of the early oil phase of the Kashagan oil fi...

    Volume: 51
    Issue: 37
    Published at Mon, 15 Sep 2008

  14. Iraq’s Power Master Plan Seeks To End Electricity Blackouts By 2011

    ...08-2015 (MW) 2008 2009 2010 2011 2012 2013 2014 2015 New Generation 1,028 2,260 4,530 4,255 670 1,130 1.200 900 Rehabilitation 35...

    Volume: 50
    Issue: 37
    Published at Mon, 10 Sep 2007