- Sort by:
- Score
- Published ▼
-
Kuwait Sticks To 4Mn B/D 2020 Target, But Questions Remain
...wait hopes that the northern field – which extends into Iraq, where it is known as Rumaila – will produce 60,000 b/d of extra-heavy 12-15° API crude by 2017. Output would be doubled by 2020 and boosted to 270,000 b/d by 2030. Originally, Ratga was scheduled to produce 150,000 b/d by 2013, ramping up to 90...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
Majnoon And Rumaila Give Iraq Much Needed Production Boost
...e 12bn barrel Majnoon oil field in January 2010, when they submitted a winning bid to raise output from a baseline of 46,000 b/d to a plateau of 1.8mn b/d by 2017 for a remuneration fee of $1.39/B. A lower plateau extended over a longer period would squeeze margins and Shell, along with ExxonMobil (We...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
Algeria Optimistic On Future Production Potential
...natrach foreign joint venture partners planned to return expat personnel to In Amenas, the gas complex that was the site of a deadly attack by Islamist militants in January. Another key expansion project is Petroceltic’s 355mn cfd Ain Tsila development, slated for late 2017 start-up....
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
Sonatrach Preempts Petroceltic Ain Tsila Sale
...rrels of condensate. First gas is scheduled for 2017. Petroceltic now owns 38.25% of Ain Tsila, whilst Italian power firm Enel has 18.375%. Petroceltic, following its initial 2011 farm out to Enel, has for some time sought to divest a second similar-sized stake: both to help fund development an...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
ENOC Forms Saudi Road Tankers Venture With Tristar
...sed in Jubail with initial capital of SR30mn ($8mn). ENOC-Tristar will begin with a small fleet of road tankers, expanding to 500 vehicles by 2017. It will also operate petroleum and chemicals storage facilities. Burhan al-Hashimi, head of ENOC Retail, said: “ENOC has built strong industry pa...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
Algeria Launches Biskra Amid Problems For North African Refiners
...9bn). Algeria plans to tender for identical refineries at Biskra and Tiaret, and has set a 2017 start-up target for these and similar refineries at Ghardia and Messaoud. Minister of Energy and Mines Yousef Yousfi has also said that Biskra could form the core of a regional petrochemical hub (MEES, 15 Ma...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
Nuclear: UAE Pushes Ahead, Iran Waits On Bushehr
...UAE/IRAN Nuclear: UAE Pushes Ahead, Iran Waits On Bushehr The UAE is making progress on 5.6GW of planned nuclear capacity set to come online during 2017-20. Emirates Nuclear Energy Corporation (ENEC) CEO Muhammad al-Hammadi told a 7 October Abu Dhabi public forum that the fi...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
Majors Look To Cling On To ADCO Stakes
...oduction capacity to 1.8mn b/d by 2017 are still on track regardless, he added....
Volume: 56Issue: 41Published at Fri, 11 Oct 2013