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Eni Hit By Zohr Output Cap, Repeats Call For LNG Restart
...rprising if the Rome-based firm had not been involved. Meanwhile, EGAS’ freshly released 2018-19 report flags up an “MoU with Toyota to study the way to implement LNG bunkering project in Egypt.” France’s Total also has Egypt LNG ambitions having acquired 5% of ELNG (10% of Train 1) in its 2017 pu...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Mauritania Sees ‘2019’s Largest’ Deepwater Find With 13tcf Orca
...smos says. True, though 2017 wells targeting oil, and ‘outboard’ (further offshore) prospects flopped (MEES, 15 December 2017). US independent Kosmos (28%) partners BP (62%) on each of the major’s four Mauritanian deepwater blocks. Indeed, it was Kosmos that made the key initial discoveries, in...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Israel Offshore Awards: Small Firms, Smaller Commitments
...e ministry to attract bigger names to its offshore after 2017’s previous bidding flop (MEES, 15 December 2017). Then, just six of the 24 much smaller blocks on offer were awarded, with Energean taking five. The Greek firm has yet to undertake any exploration on the acreage. Energean’s key focus is...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
KRG: DNO Tawke Output Down Again
...gion’s oil sector. And whilst the 2017 start-up of the 52,000 b/d Peskhabir field has provided a boost, in recent months it has failed to offset losses at the eponymous Tawke field which saw output dip to 67,800 b/d in Q3 – down from 83,400 b/d in 3Q 2018 and 107,000 b/d in 3Q 2017. DNO expects to ex...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Qatar Banks On North Field Leverage To Boost Aggressive Overseas Expansion
...rld’s dominant LNG supplier is set to strengthen further (see p9). Despite its recent acquisition spree, QP has a long road ahead of it to achieve its international aspirations. Still, Mr Kaabi has long-term aspirations, telling MEES in 2017 that “Qatar Petroleum; in 10 years from now you will not re...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Qatar Faces Up To LNG Market Changes
...erging LNG market in which Qatar is the dominant player. State firm Petrobangla has two 3.75mn t/y floating storage and regasification units (FSRU), and a 2.5mn t/y supply deal was signed with Qatargas in July 2017 with supplies beginning in April 2018. However, the involvement of rival Saudi Arabia in th...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Qatar Petroleum Puts Petchems Front & Center
...ants). The new cracker will boost capacity to 4.54mn t/y, or potentially more if the scope is increased. EYING FUTURE PROJECTS… When Mr Kaabi unveiled the new ethane cracker project to MEES in 2017 (MEES, 8 December 2017) it marked the emirate’s first planned petrochemicals expansion since it ax...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
‘We Are Not Aggressive Enough’: Qatar Energy Minister Speaks With MEES
...pointed minister and pushed it forward. It was really my project of looking at that. Q: What have been the advantages for you? A: No regrets. No regrets at all. ON QP’S INTERNATIONAL EXPANSION Q: When we spoke two years ago [MEES, 8 December 2017], one of your key points of fo...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Egypt $4bn Benban Solar Park ‘Complete’
...developers were not satisfied with a Cairo court’s decision, did first EBRD and then the World Bank’s International Financial Corporation (IFC) get behind Benban, backing almost all the projects developed so far (MEES, 3 November 2017). EGYPT’S BENBAN SOLAR PARK REACHES 1.475GW CA...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Total’s Anadarko-Algeria Assets Completion: ‘Late 2020’, Perhaps Never
...tstanding. “Discussions with the authorities” in both Algeria and Ghana “are still ongoing,” Mr Sbraire says, adding that “We have this type of discussion in particular in Algeria…We are of course familiar to this kind of discussions when we acquired the Maersk portfolio.” As part of Total’s 2017 purchase of...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
China LNG Imports (Mn Tons): Qatar Volumes And Share Fall In 9m 2019 With Australia Pulling Away As Top Supplier
...PPLIER WITH 9M19 VOLUMES UP 29% Y-O-Y, THOUGH Q3 SAW THE FIRST QUARTERLY DIP SINCE 2017 QATAR, NUMBER ONE TO 2014, RISKS LOSING EVEN SECOND SPOT. 9M VOLUMES OF 5.7MN T ARE DOWN 13%, WITH MALAYSIA (1.87MN T) AHEAD IN Q3...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019