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Oman’s OQEP Eyes New Gas Discovery In Upstream Reshuffle
...scovered in 2017 OQEP has expanded crude processing capacity with three processing plants commissioned in August 2019, September 2021, and November 2022. EXITING UNDERPERFORMING BLOCKS OQ and its partner Shell exited Block 42 after the exploration and production sharing agreement expired in...
Volume: 67Issue: 39Published at Fri, 27 Sep 2024 -
Eni & BP Set To Kick Off Libya Exploration Drilling Campaign
...tput in Libya has been falling. Mellitah sales gas output of 860mn cfd for 2023 is little more than half 2017’s peak figure of 1.59bn cfd, whilst Eni’s net figures are down even more (see chart). At the same time exports to Italy via the Eni-operated Greenstream pipeline (Libya’s sole gas export ou...
Volume: 67Issue: 39Published at Fri, 27 Sep 2024 -
Chevron Eyes Leviathan Tie-Back To Egypt LNG; Can Cyprus’ Aphrodite Piggy Back?
...ypt lessened the relative attractiveness of developing the much more modest Aphrodite which is 160km offshore in 1,750 meters of water depth with (at the time) no existing nearby infrastructure. The startup of Zohr in late 2017 (MEES, 15 December 2017), followed by Leviathan at the end of 20...
Volume: 64Issue: 39Published at Fri, 01 Oct 2021 -
Abu Dhabi Awards Contract For Offshore Gas Boost
...tar – despite the ongoing embargo – to meet demand. 2017 was a positive year for the UAE’s gas sector, with production edging up above 60bcm for the first time according to BP’s Statistical Review of World Energy. Meanwhile consumption had a rare annual dip from 72.5bcm to 72.2bcm. But this still en...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Abu Dhabi Field Startup Paves Way For New Crude Grade Launch
...om Abu Dhabi’s onshore fields. Reuters reported this week that marketing of the new grade is to begin imminently, with exports slated to begin in November. The new grade had originally been slated for Q1 launch (MEES, 17 November 2017). The UAE exported 2.38mn b/d in 2017, of which 98.6% went Ea...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Iraq’s 200,000 b/d Halfaya Boost: Is There An Outlet?
...has missed its 2017 target. Production is then to be kept at this level for 16 years. Despite concerns over delayed payments in recent years – that have now been allayed – the field partners greenlit Phase-3 development in early 2017 (MEES, 28 April 2017). Halfaya was already the largest pr...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Qayara Production Resumes
...nsidering quitting Qayara and the nearby Najma field even before being forced out by IS in early 2014. Nevertheless, Oil Minister Jabbar al-Luaibi invited Sonangol to resume operations at Qayara and Najma in January 2017 and the firm officially agreed to return in February (MEES, 9 February). The mi...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
BP Start-Up Of 1Bn Cfd Khazzan Field Gives 20% Boost To Oman Gas
...oduction deal (see p7). Oman produced 7.08bcm of associated gas in 2016, which MEES calculates accounted for 18% of total output after subtracting imports from Qatar. But after eight months this is on track to slip to 6.86bcm in 2017, dragging down total gas output. Meanwhile, non-associated gas is up sl...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
BP Gets Gulf Gas Boost
...lf of 2017, implying 260mn cfd net for BP. Output from the three firms’ other key project, In Amenas is also running at multi-year high levels having finally recovered from a 2013 terrorist attack. However, here Sonatrach keeps all of the gas production (830mn cfd for H1 2017), leaving BP and Statoil to...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
Jordan Launches Bid Round
...other technically proficient player takes its place at Risha. In the west of the country privately-owned minnows Korea Global Energy Corporation and Enegi of the UK will undertake exploration of the nearly 7,000 sq km Dead Sea block. A four-year exploration phase will run until 2017, during which th...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
Obstacles For Qatari Crude Boost As QNB Sees 800,000 B/D By 2017
...QATAR Obstacles For Qatari Crude Boost As QNB Sees 800,000 B/D By 2017 Development plans for Qatar Petroleum-operated fields are key to Qatar’s short-to medium-term production boost hopes; Maersk and Occidental-led fields will have a long-term impact. But it is unclear if...
Volume: 56Issue: 39Published at Fri, 27 Sep 2013 -
Chevron Neutral Zone Delay Jeopardizes Kuwait 2020 Crude Target
...udhatain fields, starting in August 2013. Ms Hashim and KOC chief Sami Al-Rushaid, have both said that the region’s production capacity will reach 1mn b/d in 2017 through opening three new crude collection centers, a 400,000 b/d water injection project, 400 wells and an oil pipeline to Mina al-Ah...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
Cyprus Nears Exploration License Awards, Says Minister
...early 2013 and the LNG project proposal. “Noble has given us a very good plan explaining all the requirements for developing Block 12,” he said, but added that it will be 2017 before Block 12 gas will be available for domestic use. For that reason Cyprus must find an interim gas supply fo...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012