1. Saudi Awards Khurais FEED

    ...erall oil production capacity from 10mn b/d to 12.5mn b/d currently.   Saudi Aramco CEO Khalid al-Falih said last week that a further addition would come from the offshore Shaybah field to production of light crude oil by a further 250,000 b/d by 2016 or 2017. Shaybah can produce 750,000 b/d. No aw...

    Volume: 56
    Issue: 43
    Published at Fri, 25 Oct 2013
  2. Oman To Take 40% Stake In Khazzan Tight Gas Deal

    ...oceedings. It has previously said it harbors hopes of exporting more LNG after the BP project hits full production. Delays in the project’s implementation however mean the company will have to hold back on making plans for this extra gas until 2015 at least; when plans for 2017-onwards production and de...

    Volume: 56
    Issue: 43
    Published at Fri, 25 Oct 2013
  3. QPI To Pull RWE Bid

    ...%, RWE 20%) deep-water concessions.   The project is not scheduled to be online until the end of 2017, following several years of delays.   The BP/RWE venture secured a rare pricing scheme from state firm, Egyptian General Petroleum Corporation (EGPC), that will allow for a $4.10/mn BT...

    Volume: 56
    Issue: 43
    Published at Fri, 25 Oct 2013