- Sort by:
- Score
- Published ▼
-
Qatar Hopes To Start First NFE Train In 3Q 2026
...cility’s imminent start-up. The project has been in the works for more than a decade, after Qatar decided in 2014 to convert its Golden Pass import terminal into an export terminal due to the surge in US gas production (MEES, 11 July 2014). Beyond adding 23% to QatarEnergy’s current LNG capacity, it wi...
Volume: 68Issue: 50Published at Fri, 12 Dec 2025 -
UAE’s Wait To Tap Into Expanded Capacity Goes On
...r its flagship Murban crude export grade. The last time that Murban averaged more than that was 2014’s $99.45/B, when production of 2.78mn b/d was 270,000 b/d less than last year’s figure. With Murban prices set to drop to around $83/B this year, a sharp fall in revenue is inevitable for 2023. ME...
Volume: 66Issue: 50Published at Fri, 15 Dec 2023 -
KRG Repayment Obligations Offset Oil Revenue Gains
...l prices first crashed in late 2014 the KRG has sold billions of dollars of oil in prepayment deals to secure up-front cash. It has also accrued debts to IOCs in its oil sector by failing to pay on time, and it sold a 60% stake in its key crude oil export pipeline to Russia’s Rosneft and must now pa...
Volume: 64Issue: 50Published at Fri, 17 Dec 2021 -
Russia’s Tatneft Back In Libya For Seismic
...ab Geophysical Exploration Services Company (AGESCO) to complete 200 km² of seismic in Area 82’s Block 4 which was suspended in 2014. Tatneft was awarded eight exploration blocks (Areas 69, 82 & 98) in Libya in 2005 and 2007 (MEES, 28 July 2017, see map, p2). It struck oil several times, but was fo...
Volume: 62Issue: 50Published at Fri, 13 Dec 2019 -
Leviathan: The Giant Stirs
...sult of the firm massively scaling back its plans. LEVIATHAN GAS SALES DEALS *IMPLIED AVERAGE VOLUMES. **PARTNERS' ESTIMATE BASED ON QUANTITIES CONSUMED ^MEES ESTIMATES SCALED-BACK AMBITIONS The original Phase-1 development plan filed in October 2014 was already modest in sc...
Volume: 62Issue: 50Published at Fri, 13 Dec 2019 -
Kuwait Oil: Change At the Top As 2020 Target Dropped
...rgan was pumping at 1.7mn b/d. BP was brought in to help maintain production capacity at 1.7mn b/d with a technical service agreement (TSA) in 2014, which was subsequently upgraded to an enhanced technical service agreement (ETSA) in 2016 (MEES, 15 July 2016). Kuwait saw ETSAs as the best model fo...
Volume: 61Issue: 50Published at Fri, 14 Dec 2018 -
New Kuwaiti Oil Minister Faces Critical Year; Will He Last Longer?
...ES, 4 August), requiring a further 422,000 b/d. KPI signed an MoU with Indonesia for a 160,000 b/d refinery in 2010, and with China’s Sinopec for a 300,000 b/d project in 2014 (MEES, 13 June 2014), but both projects have stalled. KPI has spoken of potential projects in India and Philippines. KUWAIT GA...
Volume: 60Issue: 50Published at Fri, 15 Dec 2017 -
Bahrain: Ambitious Gas Plans Boosted By LNG Import Go-Ahead
...ow to the seemingly shelved plan to build a 9mn tons/year (1.3bn cfd) onshore LNG import terminal at Fujairah. DOMESTIC GAS EXPANSION SLOWS Bahrain has been considering LNG imports for some time and initially intended them to have begun in late 2014. In 2012, then-Minister of Energy and Ch...
Volume: 59Issue: 50Published at Fri, 16 Dec 2016 -
Kuwait: New Oil Minister Eyes Neutral Zone Restart
...wait plan to resume production from the offshore Khafji field in the PNZ shortly. The 300,000 b/d Khafji is operated by Khafji Joint Operations, a joint venture between the Kuwait Gulf Oil Company (KGOC) and Aramco Gulf Operations Company (AGOC). Production has been halted since October 2014, when Sa...
Volume: 59Issue: 50Published at Fri, 16 Dec 2016 -
Saudi, UAE, Oman Hit Drilling Records But US Rig Count Free-Fall Continues
...ta, languishing at just 737, less than half the September 2014 high of 1,931. US crude production has also declined, albeit more slowly. Latest EIA data indicate output of 9.17mn b/d for November, some 350,000 b/d down on April’s 9.53mn b/d peak, and almost exactly level with a year earlier (MEES, 4 De...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
Iraq Seeks Kuwait’s Help To Ease Pain Of Lower Oil Price
...ficials to assess the country’s recent economic developments with a particular focus on the “double shock” of the IS incursion and the decline in oil prices. Mr Sdralevich said in the statement that Iraq’s GDP was expected to contract by around 0.5% in 2014 largely due to the economic effects of the in...
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
UAE, Kuwait Redefine Oil Marketing
...nditions. Chinese imports of crude oil averaged 6mn b/d in 2014 with the Middle East accounting for half of total imports, despite a rise in the share of Latin American crudes locked out of the US market, he adds. Indian imports have also followed a similar trend, rising to 3.8mn b/d in 2014 due to a rise in...
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
Saudi Arabia, Kuwait Set For Annual Drilling Record
...ate oil firm Sonatrach this week said the company had made 28 oil and gas discoveries during the first 10 months of 2014, compared to 29 in 2013. MENA Active Drilling Rigs, November 2014...
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
Libya: Another False Dawn?
...pede oil production, analysts believe. In a report released on 9 December, investment bank Morgan Stanley predicts average Libyan production of 800,000 b/d for 2014, half pre-revolution output. The bank’s base case scenario “assumes blockades of the eastern terminals remain in place for some time and in...
Volume: 56Issue: 50Published at Fri, 13 Dec 2013 -
KRG: Oryx Hits Big In KRG, Plans Wasit Development
...e discovery will be established as commercial, he added. Toronto-listed Oryx is conducting further analysis of the ZEG-1 well and intends to drill an appraisal well at Zey Gawra in 2014, as part of a multi-well appraisal and development drilling program in the Hawler license area, which is ad...
Volume: 56Issue: 50Published at Fri, 13 Dec 2013 -
Oman-BP Tight Gas Deal Expected By End-2013
...d producing either additional gas from Barik, or from Amin,” he says. “We don’t yet know if we will move towards a Phase 2 or 3,” he continues, warning the upcoming agreement would “only be addressing Phase 1.” BP in February 2014 reaches the end of it six-year appraisal plan to assess the Kh...
Volume: 56Issue: 50Published at Fri, 13 Dec 2013 -
Oman Upstream Survey: Indies Boost Output To New Highs
...mpaign, supported by the recent addition of a fourth rig. A fifth rig is set to be deployed in 2014, MEES learns, to support its output target of 45,000 b/d in 2014, and 50,000 b/d in 2015. “We believe Daleel can then sustain this level of production or slightly more for many more years,” a source close to...
Volume: 56Issue: 50Published at Fri, 13 Dec 2013 -
Eni Returns To Libyan Exploration Drilling
...cilities (MEES, 14 September). Unlike the bulk of foreign producers in Libya who have put any possible expansion plans onto the back burner, Eni has made Libyan expansion a key part of its international production targets. First additional production could come as soon as 2014. Although some other fo...
Volume: 55Issue: 50Published at Fri, 07 Dec 2012