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DEWA Gears Up For First IWPP
...2011. It is expected to be the inaugural project in a series of IWPPs along the lines of the power and water development seen in Abu Dhabi, which has a well-established program. The first IWPP will have a capacity of 1.5gw (plus or minus 100mw) and produce 60-120mn gallons/day of desalinated wa...
Volume: 53Issue: 47Published at Tue, 23 Nov 2010 -
Moody’s Upgrades DP World Rating Outlook To Positive
...uld continue strengthening alongside the company’s recent public commitments to prioritize deleveraging; DP World’s intention to refinance the $3bn syndicated revolving credit facility maturing in October 2012, over 2011; and a debt restructuring agreement for its direct parent company, Dubai Wo...
Volume: 53Issue: 47Published at Tue, 23 Nov 2010 -
Political Comment (22 November 2010)
...certain whether the deal would still be on the table when the security cabinet holds its next meeting on 24 November. In the circumstances, State Department spokesman P J Crowley was probably guilty of understatement when he suggested on 15 November that the original deadline of August 2011 for re...
Volume: 53Issue: 47Published at Tue, 23 Nov 2010 -
UAE Leads Gulf Renewable Energy Drive, But Emissions Challenge Looms
...ans than Abu Dhabi, but are nevertheless starting to embrace the sector. Saudi Aramco and Japanese refining company Showa Shell agreed mid-year to build a 10mw solar pilot project in the Kingdom. If this is successful when completed in 2011, it could be expanded into a much larger project, es...
Volume: 52Issue: 47Published at Mon, 23 Nov 2009 -
Iran Rejects UN Nuclear Fuel Supply Proposals
...richment facility in the city of Qom, which would be commissioned by 2011. However the agency said that the belated revelation of the new uranium enrichment site might mean that Iran is hiding further nuclear activity. Iran maintains that the Qom facility constitutes a back-up option in case the first en...
Volume: 52Issue: 47Published at Mon, 23 Nov 2009 -
Syria Inaugurates Gas Projects
...eppo to Kilis is currently under construction and is due for completion by early 2011, while the second from Aleppo will be built in the future when more gas becomes available, Mr 'Alaw said during the inauguration ceremony. At present however Syria could use the existing pipeline network Homs-Pa...
Volume: 52Issue: 47Published at Mon, 23 Nov 2009 -
Iraq’s Technical Service Contracts – A Good Deal For Iraq?
...uthern Iraq just to service the projects awarded so far (Rumaila, West Qurna 1 and Zubair) will be a major effort and likely to be much slower than the published aggressive development plans require. These will require several hundred drilling rigs to be operating by 2011. Apart from this challenge, the re...
Volume: 52Issue: 47Published at Mon, 23 Nov 2009 -
Algeria Seeks International Partnerships To Confront Upstream Challenges
...ream in 2011-12, and which will produce 85% crude and 15% condensate. As the largest international oil producer in Algeria, Anadarko has suffered heavy financial losses from the windfall tax, and El-Merk’s development was delayed by three to four years. But MEES learns that the EPC bids for El-Merk ar...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
Bureaucracy Hampers Iraqi Oil Rehabilitation Efforts
...SIGIR, Baghdad’s 2009-11 Strategic Plan is based on export prices of $80/B for 2009, $85/B for 2010, and $90/B for 2011, further underlining the damage posed by both falling pricing and declining production capacity in the south. The report also illustrated continued difficulties the Mi...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
Political Comment (24 November 2008)
...forces, which is probably why cabinet spokesman ΄Ali al-Dabbagh stressed that “the total withdrawal will be completed by 31 December 2011. This is not governed by circumstances on the ground. The date is specific and final.” Unfortunately for Mr Dabbagh, the Chairman of the US Joint Chiefs of St...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
BP Says New Shah Deniz Discovery ‘Potentially Significant’
...e fourth corridor for gas supply to Europe will be made.” Azerbaijan has forecast gas production to reach 32.41 bcm/y in 2011 (MEES, 12 November, 15 October). Shah Deniz Gas Reservoirs Source: BP Azerbaijan. Azerbaijani gas exports to Europe would be made via the South Caucasus Pi...
Volume: 50Issue: 47Published at Mon, 19 Nov 2007