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Algeria To Launch New Bid Round In Early-2026 Amid Shale Gas Push
...ploration in the Algerian Sahara in 2014 and 2015, amid environmental concerns, with violent clashes breaking out between protesters and police forces (MEES, 6 March 2015). A 2014 bid round featuring a number of shale-plays failed to garner interest, with no contracts awarded for any of the shale blocks of...
Volume: 68Issue: 40Published at Fri, 03 Oct 2025 -
Qatar Targets 380,000 B/D From Al Shaheen
...s contract for the field in 2022, but output has dropped from 7,700 b/d in 2015 to 1,800 b/d in 2023. The only one of these fields on a growth trajectory of late is Al Khalij, which was awarded to TotalEnergies in 2014 (MEES, 20 March 2015). Output dropped from 23,600 b/d that year to just 10...
Volume: 68Issue: 40Published at Fri, 03 Oct 2025 -
Tunisia’s Upstream: Can It Emerge From A Lost Decade?
...llowing the revolution, the country’s 2014 constitution made it even more difficult for the government to award exploration blocks. In the name of oversight and transparency (key demands of the uprising, among others) the new constitution’s Article 13 stipulated that any new awards must be approved by pa...
Volume: 62Issue: 40Published at Fri, 04 Oct 2019 -
Egypt Gas Hub Ambitions Gather Pace
...the end of June 2014, and institutional bureaucracy which kept them away. Prior to 2015, oil firms operating in Egypt were paid $2.65/mn BTU for the gas they sold the state. This pricing failed to take into consideration deeper offshore and more complex discoveries. BP held-off on sanctioning WN...
Volume: 61Issue: 40Published at Fri, 05 Oct 2018 -
East Med Gas Development: Hang Together Or Hang Separately
...quefaction plants. Aphrodite partner Shell has a stake in one of Egypt’s two LNG liquefaction plants, the 7.2mn tons/year ELNG plant at Idku, and Eni in the 5mn t/y Segas plant at Damietta. Meanwhile, Noble inked a provisional deal in June 2014 with BG (now Shell) to send 105bcm of Leviathan gas over 15 ye...
Volume: 60Issue: 40Published at Fri, 06 Oct 2017 -
Iraq’s Falling Crude Burn Bolsters Exports
...dget’s 3.25mn b/d, then revenues will rise for the first time since 2012. Moreover, they will rise above 2014 levels, hitting $55bn ($4.55bn/month – see chart). Baghdad exported 31,000 b/d from storage in the Turkish port in Ceyhan last month, the first such exports since September 2015. All federal ex...
Volume: 59Issue: 40Published at Fri, 07 Oct 2016 -
Asian Buying Of Iranian Oil Down Year On Year
...her regular oil customer Turkey is only available until June. The biggest fall in purchases came in India which cut its average imports from 275,000 b/d in the first eight months of 2014 to 213,000 b/d in the same period of this year, a 22% drop, on the back of sharply reduced buying in ea...
Volume: 58Issue: 40Published at Fri, 02 Oct 2015 -
Libya: Peace Elusive After A Year Of UN Talks
...LIBYA Libya: Peace Elusive After A Year Of UN Talks One year after the UN mediation to resolve the conflict in Libya began, the outcome is still in the balance. The UN Support Mission in Libya (UNSMIL) hosted the first round of dialogue on 29 September 2014. Last week, it held what le...
Volume: 58Issue: 40Published at Fri, 02 Oct 2015 -
Payment Problems, And Solutions
...tstanding debt in December 2013 but despite this its debt pile grew by $1.4bn in the first half of 2014. LNG exporters BG Group and Eni-led Union Fenosa have seen their profitability in Egypt collapse as the government forced them to divert their gas output to the domestic market. However, according to...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Algeria Bid Round Flatters To Deceive
...at is to say 34.3% overall) and be operator at Tinhert Nord, with Enel taking up the rest; the stakes are reversed at Msari Akabli. Algeria: Blocks On Offer In 2014 Bid Round No Progress The bid round was launched with much fanfare in January, and Alnaft reached out to IOCs with a se...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Iran Gas Balance To Get Worse Before It (Hopefully) Gets Better
...lumes to Iran,” he said. Mr Araqi added that current imports from Turkmenistan are running at 12mn cmd. This figure implies 4.4 bcm/year, a figure slightly down on actual 2013 imports of 4.7 bcm, although factoring in the upcoming pre-winter hike likely means that overall 2014 volumes will exceed those fo...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Iraqi September Exports Fall 500,000 B/D With Basra Maintenance
...rmal levels by the end of the month. Iraq’s designed export capacity is set to expand to 5.6mn b/d by early 2014 once two more SPMs, each with capacity to handle 450,000 b/d, are installed and pipelines tied to a central platform. This would theoretically cater to anticipated higher ou...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013 -
Libya: ’Arusi Confident Despite Wafa Outage
...nocoPhillips remain shut. NOC has taken advantage of the forced shutdown to bring forward extensive maintenance on the cluster of Waha fields which had been due to start in 2014. Waha, is one of Libya’s key producers, though labor strikes in recent months kept output below nominal 365,000 b/d capacity even be...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013 -
ADNOC Prepares Contingencies As Clock Ticks On ADCO Concession
...%, Shell, BP, Total and ExxonMobil each with 9.5% and Portugal’s Partex, 2%. Each of the major partners (ie excluding Partex), now has to submit bids for a slice of a redesigned ADCO consortium, which currently accounts for roughly half of total UAE production. The concession expires in January 2014...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013 -
Foreign Investors Look For Streamlined Algerian Oil Bureaucracy As Shell Exits
...r 2016 – revised back from 2014 earlier this year. But potentially Total’s biggest Algerian project is the 4bcm/y Ahnet tight gas development, also in Algeria’s deep southwest. A “technical” development plan filed in July 2011 still awaits approval. The delays are largely due to a st...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Thailand’s PTT, PetroVietnam and China’s CNOOC Expand In Algeria
...art-up at 20,000 b/d in the first half of 2014 before ramping up to 36,000-40,000 b/d plateau volumes of 44°API crude from 2016. PetroVietnam has 40% and is operator, PTT has 35% and Sonatrach 25%. Development now appears to be going smoothly – 2012 has seen progress on the drilling of 16...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012