- Sort by:
- Score
- Published ▼
-
Oman Oil: Production Up, Exports Down
...NSTRAINED It is the sultanate’s success in developing gas plays in recent years that has resulted in soaring condensate output. The start-up of BP’s 1bn cfd Khazzan tight gas project in 2017 was a game-changing development and the second phase 500mn cfd Ghazeer play came online in October 2020 providing an...
Volume: 65Issue: 38Published at Fri, 23 Sep 2022 -
Kuwait Starts Up Key Northern Oil Facility
...thering center in the north of the emirate. GC-31 is one of three gathering centers for which contracts worth $2.3bn were awarded in 2014 (MEES, 11 July 2014). All were initially slated to come online in late 2017, but were delayed. The first two, GC-29 and GC-30 were brought online in 2018, but GC-31’s co...
Volume: 64Issue: 38Published at Fri, 24 Sep 2021 -
Baker Hughes Finalizes Iraq Gas Contract
...sociated gas in Dhi Qar, with an initial contract signed in 2017 (MEES, 21 July 2017). In January, Baker Hughes announced that the contract had been awarded to its Turbomachinery & Process Solutions (TPS) division (MEES, 29 January). The scope of work included design, manufacturing, delivery, construction an...
Volume: 64Issue: 38Published at Fri, 24 Sep 2021 -
Libya’s NOC Looks To Take Development Inhouse With New Zallaf Subsidiary
...ncession, Occidental is gone (MEES, 10 February 2017), while Marathon announced it sold its Waha stake to Total in 2018 – though this is still disputed by NOC (MEES, 5 April). THE OIL CURSE Oil and gas revenues account for more than 90% of the country’s income. In 2018, these came in at...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Kuwait Gets Jurassic Gas Boost, Eyes Further 2020 Gains
...a more-conciliatory parliament in 2013 helped unlock key projects and contracts for the three EPFs were awarded in 2016 (MEES, 28 July 2017). IMPORTS RISE DESPITE GAS GAINS Prior to the first EPF startup in January, Kuwaiti gas output was around 1.7bn cfd – overwhelmingly gas associated with oi...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
Iraq: Soaring Domestic Oil Demand Will Test Next Government
...els that are in high demand, with consumption of fuel oil consistently running at record highs since December 2017. Consumption has averaged 291,000 b/d so far in 2018, against 200,000 b/d over the same period last year, as Iraq has turned to fuel oil over crude oil for power generation. Crude burn ha...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
Algeria Oil Output At 14-Year Low, Gas Exports Slump
...Algeria's oil output was just 1.551mn b/d in July, the lowest figure since 2003. Algeria’s crude output fell to just 1.065mn b/d in July 2017, the lowest since September 2003, whilst NGLs output, at 486,000 b/d, was at its lowest since December 2013, according to official figures su...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
US Growth Revised Down As Rig Count Falls
...rch 2015’s record of 5.67mn b/d this month, although August projections had it achieving this last month. This was due to downward revisions to 2017 output from the Eagle Ford shale formation of southern Texas which was hit by Hurricane Harvey late last month (though the downgrades are also to pr...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Abu Dhabi Ramps Up Offshore Drilling But Targets Remain Elusive
...19. But first oil has been gradually pushed back, initially into the second half of 2017 and now into early 2018. Individual aspects of the project continue to get delayed. UK firm Petrofac was awarded a $500mn EPC contract in 2013 for SARB package 3, to be completed by April 2016. But Petrofac’s 2015 re...
Volume: 59Issue: 38Published at Fri, 23 Sep 2016 -
Egypt’s Gas Output: Has It Turned A Corner?
...derlying decline). The additions, which equate to 8% of current output, are good news for Cairo as it fights to overcome a gas deficit before its two key expansion projects, the BP-led 5 tcf West Nile Delta and Eni’s 25 tcf Zohr come online in late 2017. Annual Egyptian gas output peaked at 6.07bn cfd in...
Volume: 59Issue: 38Published at Fri, 23 Sep 2016 -
Bahrain Plans Advance
...tional Oil and Gas Authority (NOGA) later opted for a less ambitious target of 360,000 b/d. Even the revised plan is about two years behind its original schedule: MEES reported previously that the expansion would be executed in two waves, with new and replaced units coming online between 2017 and 20...
Volume: 57Issue: 38Published at Fri, 19 Sep 2014