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Bapco, Aramco Award Pipeline Contracts
...CC). At the contract signing ceremony, Bahrain’s Minister of Energy ‘Abd al-Husain ‘Ali Mirza said that the pipeline “will be finished by the end of 2017 or early 2018 and then there will be a six-month trial period.” He added that the ageing 230,000 b/d pipeline that it is replacing would be shut down in...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
UAE Seeks Solar Bidders As Nuclear And Coal Plans Advance
...port says Dubai’s achievement of “the lowest solar price ever achieved worldwide” suggests solar costs are “poised to decrease even further.” Phase-2 of Dubai’s solar park recently reached financial close and is scheduled for start-up by April 2017. (MEES, 24 July). PV modules for phase-2 will be pr...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Total Turns The Screw On Spending In New Strategy For $60/B Oil
...t capex further to $20-21bn, before “returning to a sustainable level of $17-19bn from 2017.” Mr Pouyanné said that “in a commodity business like oil and gas, we have to be excellent at what we control. We cannot control the price of oil and gas, but we can control costs and allocation of ca...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Iran’s New Oil Investment Contract To Get First Unveiling In Tehran
...ominently on the list, many of which will be critical in the country’s plans to boost oil production capacity from around 3.5mn b/d currently, to 5.7mn b/d by 2017-18. Mr Zanganeh said this month that Iran’s production capacity will hit 4.2mn b/d by end-2016. “New contracts with foreign companies will be...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015