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KRG Project Delays Stunt Upstream Growth
...eld and Kirkuk’s and Avana Dome in late 2017, Iraqi Kurdistan’s upstream sector has since brought several key projects online due both to regularized KRG payments and higher oil prices. MEES estimates that KRG output jumped from 310,000 b/d at end-2017 to 492,000 b/d two years later (MEES, 8 November 20...
Volume: 63Issue: 35Published at Fri, 28 Aug 2020 -
Dubai’s Coal Push Upends Abu Dhabi’s Clean Energy Strategy
...January 2017). This plan is probably unrealistic, but it signals aspirations for a major change in energy policy. Examined closely, the changes suggest a fragmentation in energy policy. The UAE is simultaneously pursuing incompatible choices in clean and dirty power. Why? Some of the ch...
Volume: 63Issue: 35Published at Fri, 28 Aug 2020 -
Egypt Expediting West Med Drill Plans
...e country’s gas production. It has been a meteoric rise for the region after output bottomed out in Q1 2017 at just 38.1% of the national total. Output was first given a boost by BP’s 5tcf West Nile Delta project, when the Phase 1 Libra and Taurus fields came online in May 2017 (MEES, 12 May 2017...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Jordan Moves Towards Electricity Hub Role With Saudi, Iraq Deals
...ans to also integrate with Iraq and potentially Syria in the future. Jordan’s transmission grid is already integrated with Egypt and the West Bank. No timeframe for the work has been provided and the idea of such a connection is longstanding. A similar MoU was signed in 2017, after Jordan’s el...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Barakah 1 Reactor Connected To UAE Grid
...it 1 operators, preventing FANR from awarding an operating license to Nawah, which saw Barakah 1 start-up delayed from 2017 (MEES, 12 May 2017). Enec recently announced the completion of construction of Barakah’s Unit 2 and says that operational readiness preparations are now under way by Nawah. Me...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Kuwait Faces Cash Crunch As Oil Crisis Bites
...ere is a high turnover of governments. One key piece of legislation which the government has tried and failed to get through parliament in recent years is a new debt law (MEES, 16 June 2017). Until this is passed, Kuwait is unable to emulate fellow GCC states and borrow in order to meet the budget de...
Volume: 63Issue: 34Published at Fri, 21 Aug 2020 -
Tunisia’s Oil Industry Faces Existential Crisis
...mour movement emerged in 2017 when protesters blocked the main oil pipeline at El Kamour in protest at lack of local investment and jobs in the southern provinces of Tataouine and Kebili (MEES, 2 June 2017). The protesters say the government has still not fulfilled pledges to tackle the issues (MEES, 26...
Volume: 63Issue: 33Published at Fri, 14 Aug 2020 -
Sabic Losses Continue Due To Tough Market And Impairments
...vestments in the 4mn t/y Sadaf cracker-based complex – in which it bought Shell’s 50% stake for $820mn in 2017 (MEES, 27 January 2017) – and its Ar-Razi methanol joint venture with Japan’s JSMC near the Gulf coast industrial hub of Jubail, which it last year extended for 20 years while increasing its stake fr...
Volume: 63Issue: 33Published at Fri, 14 Aug 2020 -
Abu Dhabi’s First Barakah Reactor Start-Up Points To 2024 Full Capacity
...ec’s control. When Enec began building the 1.4GW first unit in July 2012, Enec and Korean construction contractor Kepco envisaged the four units starting up at one-year intervals over the 2017-20 period. However, a scandal in Korea over fake safety certificates for some nuclear plant components ca...
Volume: 63Issue: 33Published at Fri, 14 Aug 2020 -
Técnicas Reunidas Looks To Move On From Jazan Fiasco
...ado predicts. RAS TANURA CFP: ALMOST DONE TR adds that the latest $80mn Ras Tanura award is a “new and independent contract” from the $1.5-1.8bn clean fuels upgrade contract that the firm was awarded at Ras Tanura refinery at the end of 2016 (MEES, 13 January 2017). Work on this is “cu...
Volume: 63Issue: 32Published at Fri, 07 Aug 2020 -
Ruwais Fix: OMV Upbeat
...uid catalytic cracker (RFCC) – one of the world’s largest – at its 417,000 b/d Ruwais West refinery. The RFCC was damaged in a fire in early 2017 and wasn’t fully functional again until last year (MEES, 22 February 2019). Even then, problems persisted. Adnoc implemented a general turnaround at Ru...
Volume: 63Issue: 32Published at Fri, 07 Aug 2020