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Algeria’s South West Gas Project Delayed To Late-2016
...gan earlier this year with a total of 41 wells, of which 24 were to be drilled before first production. Construction of gas processing facilities will begin in 2014, GdF says. GdF is operator with 49% whilst Sonatrach has its customary 51% stake. However GdF is responsible for almost two-thirds (65%) of...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012 -
Qatari Condensate Production On The Rise
...Energy and Industry Muhammad al-Sada signed a 25-year renewal of Total’s PSA for 25,000 b/d offshore al-Khaleej. The contract was due to expire in early 2014. For Qatar’s swing producer, the offshore al-Shaheen field, the development plan is to plateau production at current rates of 30...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012 -
Morocco Set For Record 2013 Drilling As Genel Expands
...year exploration period. The firm says it will kick off seismic acquisition in January, “with the aim of drilling our first well in 2014.” The 3,259 sq km block has water depths of 60ms to 320ms. Mir Left is directly offshore Agadir and immediately northeast of the Sidi Moussa Block where Genel in Au...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012 -
Saudi Aramco Pushing Refinery Projects, Marks Jazan Milestone
...industrial city capable of attracting investors.” In May Yanbu’ Aramco Sinopec Refining Company (Yasref) estimated progress on the project, due on-stream in the second half of 2014, at 20%. Saudi Aramco says the refinery will process 400,000 b/d of Arabian Heavy crude oil and will produce hi...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012 -
QAPCO Inaugurates LDPE 3 Plant At Mesaieed
...art of the complex. Other planned units will have capacity to produce 850,000 t/y of high density polyethylene (HDPE); 430,000 t/y of LDPE; 760,000 t/y of polypropylene; and 83,000 t/y of butadiene. QP announced in September that it plans to borrow $10-13bn in 2014 to finance three projects at...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012 -
Iran Nuclear Plant Shut Down, UAE Gauges Impact Of Korea Safety Scam
...ak and observed that the installation of cooling and moderator circuit piping was continuing. “During the DIV,” said the report, “Iran stated that the operation of the IR-40 reactor was now expected to commence in the first quarter of 2014.” Mr Albright said the Arak construction delay was widely an...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012 -
Bahrain Unveils 2013-14 Draft Budget
...BAHRAIN Bahrain Unveils 2013-14 Draft Budget Bahrain’s two-year draft budget for 2013-14 projects total revenue at BD5.578bn ($14.83bn) – comprising BD2.788bn for 2013 and BD2.790bn for 2014 – and total expenditure at BD6.993bn ($18.60bn) – comprising BD3.445bn for 20...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012