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Gulf Arab Producers: We Can Guarantee Energy Security
...tional Oil Company (ADNOC) pays ExxonMobil $1/B produced. ExxonMobil has a 9.5% stake in Abu Dhabi Company for Onshore Oil Operations (ADCO), the consortium that operates Abu Dhabi’s largest onshore fields. The concession expires in January 2014. It also has 28% of Zakum Development Company (ZADCO), wh...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Qatar Moratorium Continues As North Field Proves Challenging
...til 2014 while the reservoir’s depletion is studied. ExxonMobil, which has been doing the study for about four years by collecting the data from all projects in the field, requested a 2014 deadline to give it 10 years of data to work with since major production started. The North Field’s st...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Iraqi Oil Sector Faces Year Of Challenge And Promise
...0,000 b/d in 2014. A new 255km, 400,000 b/d pipeline to tie in with the main Iraqi crude export line to Ceyhan is also planned at an estimated cost of $450mn, Mr Hayward, the former CEO of BP, said. The Shaikan Effect Gulf Keystone’s Shaikan field will be the largest single contributor to new KRG su...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Syria’s 2011 Draft Budget Targets Lower Deficit
...bsequently the deficit/GDP ratio is projected to rise slightly to 6% in 2012, before falling to 5.8% in 2013, 5.5% in 2014 and 5.4% in 2015, according to the government budget statement that was presented to parliament. The budget was approved by the cabinet on 12 October and is currently being debated in...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus
...st the World Cup that year. Qatar has a surplus of gas for its domestic market and is delaying the start up of the 1.5bn cfd Barzan project to 2015, from the planned 2014, MEES learns. Barzan’s gas from the North Field – the final project approved under the moratorium on further developments of th...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
Doha Rules Out New Gas Export Projects Post-Moratorium
...Middle East Economic Survey VOL. LII No 50 14-Dec-2009 Doha Rules Out New Gas Export Projects Post-Moratorium Qatar on 7 December gave its clearest message yet surrounding gas policy when it reviews its moratorium on new projects in 2014. Absolutely no new grassroots gas export pr...
Volume: 52Issue: 50Published at Mon, 14 Dec 2009