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  1. S&P Warns Of Refinancing Risks As Gulf Debt Matures

    ...rvices. Bonds and sukuk worth $25bn will mature in 2012, rising to $35bn in 2014, according to industry estimates, and this could prove challenging, especially given that capital market volatility and economic growth concerns are already curbing bond issuance. S&P said that potential Gulf sovereign bo...

    Volume: 54
    Issue: 47
    Published at Mon, 21 Nov 2011

  2. TPAO Plans East Mediterranean Offshore Deal With Shell

    ...ving our strategic weight from the Black Sea to the Mediterranean Sea,” he said. Mr Yildiz said that Shell would take over TPAO’s current Antalya operation and finalize it in two years. “In accordance with the seismic data, we plan to begin three years of drilling by the start of 2014,” the Turkish da...

    Volume: 54
    Issue: 47
    Published at Mon, 21 Nov 2011

  3. CBI Statistics Show 19.7% Fall In Oil And Gas Exports Revenue In 2009-10

    ...12-13) 1.951 1392 (2013-14) 1.553 1393 (2014-15) onwards 4.127 Parliament Removes President From CBI Assembly The Iranian parliament on 14 November passed a law to remove President Mahmoud Ahmadinejad from chairing the CBI General Assembly in a move which de...

    Volume: 53
    Issue: 47
    Published at Tue, 23 Nov 2010

  4. Barzan Project Financing Kicks Off With Approach To ECAs

    ...ndensate Barzan, which is now planned for startup in 2014, after the original 2012 date slipped, will be supplied from a designated block (Barzan) in the North Field. Given the feed is rich gas, it will produce LPG and condensate (to be sold separately from the 1.5bn cfd of gas). Barzan is the last ma...

    Volume: 53
    Issue: 47
    Published at Tue, 23 Nov 2010

  5. DEWA Gears Up For First IWPP

    ...ter. Start-up is scheduled for 2014, which is a tight deadline but achievable, commented an industry source. The IWPP will be constructed at Hassyan, a site near the border with Abu Dhabi, and has room for a total of six projects. The first IWPP will be gas-fired, but DEWA has commissioned a study on...

    Volume: 53
    Issue: 47
    Published at Tue, 23 Nov 2010