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GTL Costs Under The Microscope As Qatar Inaugurates $18.5Bn Pearl Plant
...id in its June financial report that Oryx will debottleneck to boost capacity 10% by 2014. The increase is a scale-down from previous plans to add a further three trains, taking total capacity to 100,000 b/d. ‘Huge Capex Costs’ Furthermore, MEES learns that the costs for building such a plant ha...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
Gulf Sukuk Issuers Brave Volatile Markets
...ll be much better, he warned. With the amount of debt maturing in the Gulf set to spike in 2012-14, Gulf bond issuers are facing rising refinancing risks, cautioned Standard & Poor’s Rating Services (MEES, 21 November). Bonds and sukuk worth $25bn will mature in 2012, rising to $35bn in 2014, ac...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
Kuwait And China Begin Construction Of $9.3Bn Refinery/Petchem Project
...March (MEES, 21 March). KPC has since said it is still on the lookout for an international oil company with which to partner on some of its 50% stake in the project. With plans to have it online and operational by 2014-15, the project will secure a stable outlet for Kuwaiti crude oil as KPC lo...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
TPAO And Shell Sign Farm-In Accord For Offshore Antalya Blocks
...ploratory drilling in 2014 or later. Turkey has had the blocks along its southern Mediterranean coastline open for tendering for several years. Most of Turkey’s offshore activity has been concentrated in the Black Sea in recent years, but discoveries offshore Israel and the start of drilling in Se...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011