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Oman Gas Sector Set For Leap Forward In 2024
...Oman’s gas renaissance continues apace, with both Shell and TotalEnergies set to advance key projects in 2024. The key near-term limiting factor is not upstream potential but outlets for new production, Shell’s country chief tells MEES. Until 2017 the outlook for Oman’s gas sector was wo...
Volume: 66Issue: 51/52Published at Fri, 22 Dec 2023 -
Iran’s Winter Gas Preparations Hit The Skids Amid Icy Snap
...ocessing plant which receives feedstock from Phases 22-24. As a result, NIGC had to shuffle around existing “Ukrainian-made turbines” for its winter preparations. Mapna was contracted to provide 16 such units – each 25MW in capacity – since at least 2017 but its line of MGT-30 turbines has suffered pr...
Volume: 65Issue: 51/52Published at Fri, 23 Dec 2022 -
KRG Prioritizes Investor Confidence Over Stability: Will It Lose Both?
...ERATED BY IRAQ’S NORTH OIL COMPANY SINCE 16 OCTOBER 2017. SOURCE: MNR, COMPANY STATEMENTS, MEES. …ONSIDE, FOR NOW The KRG’s prioritizing of foreign investors over internal stability has at least so far more or less managed to keep the IOCs onside. Realistically, if the region is to be a vi...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Libya: Oil Output Doubles In 2017 But Peace Dividend In The Balance
...ccesses in 2017. The Tripoli-based National Oil Corporation (NOC) has lifted oil production out of the doldrums, surprising many jaded observers. Since the beginning of the year, oil production has increased by almost 50%, averaging close to 1mn b/d in Q4. For 2017 as a whole, output of 820,000 b/d is mo...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Algeria To Retain Gas Focus In 2018 As New Fields Start Up
...The expected start-up of the three major components of Algeria’s Southwest Gas Project should boost the country’s gas output by over 9bcm/y by mid-2018, possibly to top 100bcm/y for the first time. Algeria’s sales gas output for 2017 is set to fall just short of 2016’s record 94...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Egypt Starts Payments
...oducer suggests that the finance ministry has been the quickest to respond to Mr Biblawi’s announcement. Once the initial $1.5bn has been distributed, a further $3bn will be handed to IOCs in monthly instalments by 2017, the government says. Outstanding receivables are not the only factor deterring fo...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Oman, BP Sign Final Khazzan Tight Gas Deal
...ticipated for late 2017, BP says. Under the terms of the deal, production will ramp up to plateau in 2018. BP, following the declaration of commerciality, retains 60% of the project, whilst state-owned Oman Oil Company (OOC) takes 40%. “The sanction of the Khazzan project follows an extensive and ri...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Noble Energy Outlines Its Levant Gas Export Options
...sed company holds a 30% stake in the field, which contains about half of its regional reserves. First gas is scheduled for 2017. Export Plans The first Noble gas processing plant to cater for Leviathan will be an 800mn cfd facility that will ensure supply to the Israeli domestic market. But ad...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013