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Jiddah South Contract Awarded To Mitsubishi
...ptember 2014 and March 2015. The plant will be the first heavy oil fired supercritical power plant in Saudi Arabia. The use of supercritical boilers – Mitsubishi says these units typically operate at a 250 atmospheres pressure and temperature of 600°C – enables operating efficiencies of 40%, compared with ar...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013 -
Egyptians Rush Into Dollars, Fearing Pound’s Collapse
...owth rate of 3.3% in fiscal 2013 and 2014, but stresses that this would be below that necessary to generate sufficient job opportunities for some 700,000 new entrants to the labor market each year. ...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013 -
Egypt Struggles With Gas Supply Challenge
...epwater (up to 2,300ms) project is now slated for the fourth quarter of 2016 at the earliest, a two-year delay from the target of 2014 when the project was approved in 2010 (MEES, 21 September 2012). Egyptian offshore gas fields typically suffer from rapid decline rates of around 10%/y so a co...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
BG Egypt Output Hit By WDDM Compression Failure
...ditionally plans to move forward with the next phase of WDDM development (Phase 9a) this year, subject to the consent of its partners, Malaysian state firm Petronas and Egyptian state firm EGPC. Some 12 development wells are planned for 2013 and a further six for 2014 to develop an additional 2 tcf of gas re...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
Japanese, French, Move To Secure Abu Dhabi Concessions
...ve in November, BP announced it was selling North Sea interests to Abu Dhabi’s state-owned TAQA, boosting its chances of keeping its 9.5% stake in ADCO – ADNOC 60%, BP 9.5%, ExxonMobil 9.5%, Total 9.5%, Shell 9.5% and Partex 2% – when the consortium’s concession expires in January 2014. Paris and Lo...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
Renewables To Spearhead Multi-Billion Dollar Moroccan Capacity Drive
...ogram 2011-20 (mw) Installed Capacity 2012-14 Additions 2014-20 Additions Project Capacity Project Capacity Pr...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
UAE’s Dragon Oil Hikes Crude Output
...ans to increase its Turkmenistan production to 100,000 b/d by 2015: the company is set to drill 13-15 additional wells in 2013 and a combined 40 wells in 2014 and 2015. The company’s share price is up 9% since the beginning of the year. Dragon and a consortium of companies that includes Ku...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
IMF Says Morocco’s 2012 Growth Slows To 3.2%
...ocks, in coordination with other macroeconomic and structural policies. Morocco: Selected Economic Indicators, 2010–18 2010 2011 2012 2013 2014...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
QP Considers Next Step For North Field
...en collected over a period of time once it has ramped up to full output. This could be in 2015 after a 2014 start up. The Minister of Energy and Industry, Muhammad al-Sada, has said the study will continue “however long it may take.” However, depending on the study’s results, the moratorium ma...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Iraqi Production Rise Hits Hiccup
...215 715 2013 2,855 195 150 580 3,780 880 2014 3,325 325 16...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Gulf Refiners Progressing Upgrading And Expansion Projects
...tended to meet domestic demand for cleaner fuels beginning in 2014. The company is also building a carbon black and delayed coker plant at Ruwais, with completion scheduled for December 2015 (MEES, 9 November 2012). Qatar’s Laffan Refinery Company is planning to double the capacity of its pl...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
SEC Revises IPP Program To Add Second Dhuba Plant, Adjust Timings
...eration stages 2013 Qurayyah IPP 3,927 Eastern Province Under construction 2014 Rabigh IPP2 1,800 140km north of...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
TAQA Secures Financing For Morocco Coal Plant Expansion
...th a combined capacity of 1.356gw. Two new units with a combined capacity of 700mw will be added, taking the plant’s total capacity to 2.056gw. The first of the new units is scheduled to be commissioned in December 2013 and the second in April 2014. TAQA said on 28 January that the expansion is now 80% co...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Omani Gas, Power Sector At The Crossroads
...e project will set a new price range the government is prepared to pay gas producers to attract upstream investment. It is due to start up in the first half of 2017 – further slippage on a project that was originally scheduled to produce 1bn cfd in 2014. Under the January 2007 deal, BP agreed to la...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
MENA Steps Up Desalination Capacity Expansion
...M joint venture with King ‘Abd al-‘Aziz City for Science and Technology (KACST). The plant is expected to provide up to 30,000 cmd of drinking water and is due online in 2014 as part of a national initiative to build several solar powered desalination plants. IDA says the largest thermal de...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Aramco Sells Crude To Power Stations At $4.50/B
...in 2014. Their wellhead production can be boosted to 3.05bn cfd in peak summer demand months, giving 2.135bn cfd of sales gas. Wasit is part of Aramco’s plans to increase output of Saudi raw gas to 15.5bn cfd in 2015. Alternative power will not have a major impact on gas displacement in the short term....
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Bahrain Discovers New Crudes As Gas Plans Take Shape
...eds to be reinjected to maintain reservoir pressure. It is envisaged that the increased gas contribution from Tatweer will tide Bahrain over until the proposed LNG import terminal is completed towards the end of 2014 and new gas sources are found on and offshore, said Dr Mirza, noting that NOGA is...
Volume: 55Issue: 09Published at Mon, 27 Feb 2012 -
Alnaft Says $1.5Bn Timimoun Project Set For 2014 Start-Up
...ALGERIA Alnaft Says $1.5Bn Timimoun Project Set For 2014 Start-Up Algeria’s Southwest Gas Project appears ready to take a further step forward. Sid Ali Berata, chairman of Algeria’s upstream regulator Alnaft, told the country’s state news agency APS that investment in the Total-led Ti...
Volume: 55Issue: 09Published at Mon, 27 Feb 2012 -
BP Sees North Africa As Key Exploration Area
...t to recover an estimated 5 tcf of gas and associated condensate though the subsea development of five offshore fields into a new onshore gas plant, with first gas anticipated for late 2014 (MEES, 26 July 2010). Algerian investment Of the company’s “key global projects” slated to come on st...
Volume: 55Issue: 09Published at Mon, 27 Feb 2012 -
Saudi Aramco And Pertamina Sign MOU For 300,000 B/D Java Refinery
...gineering packages are in the process of getting awarded (MEES, 1 August 2011). But an official green light for a major expansion at Petro Rabigh is still being delayed. A final investment decision (FID) was originally to have been made in late 2010/early 2011, to allow for start-up in 2014. But partner Su...
Volume: 55Issue: 09Published at Mon, 27 Feb 2012