- Sort by:
- Score
- Published ▼
-
Israel & Egypt’s Blossoming Energy Relationship
...ck in 2014 signed Letters of Intent to pipe Leviathan gas to Idku (MEES, 4 July 2014) and Tamar gas to Damietta (MEES, 9 May 2014). Tying back Leviathan to one of the existing-but-underutilized Egyptian LNG plants always made sense economically. The estimated cost of $3bn, including four ad...
Volume: 64Issue: 08Published at Fri, 26 Feb 2021 -
Qatar Brokers Israel-Gaza Gas Supply Deal
...ywhere near the 140MW of potential capacity (MEES, 30 May 2014). The PA’s Mr Melhem is evidently aware of this. Increasing Israel-to-Gaza power transmission “would imply the construction of a high-voltage line, replacing the existing medium-voltage lines. It would reduce tariffs. We discussed the pr...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
Shell & Petronas At Odds Over Egypt Expansion
...indled from 1.2bn cfd in 2012 to around 500mn cfd now. The WDDM slump is the result of a combination of high underlying decline rates, underperforming wells and slashed investment amid soaring receivables in the years following Egypt’s 2011 revolution (MEES, 7 February, 2014). Shell in early 2018 dr...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
Iraq Struggles To Find Developers For Mansuriya Gas Field
...%). The consortium halted development of the Diyala province field in 2014 due to Islamic State attacks across the province (MEES, 10 October 2014). Security concerns remained despite the Islamic State being pushed back, and in 2018 Baghdad announced it would develop the field itself (MEES, 3 August 20...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
Egypt Oil Output Plumbs New 40-Year Low For 2020
...nai). *The Western Desert, which overtook the Gulf of Suez region as Egypt’s key production area in 2011 and has provided over half of production since 2014, saw output fall 7% to a 9-year low of 321,000 b/d for 2020. December’s 290,000 b/d was the lowest monthly figure since May 2010. This comes as the re...
Volume: 64Issue: 06Published at Fri, 12 Feb 2021 -
Iraq Mulls Power Sell-Offs Amid Cash Crunch, Pre-Election Rivalry
...rliamentary elections planned in October. Kar’s most prominent role is as operator of the 160,000 b/d Khurmala Dome of the Kirkuk field in Iraq’s autonomous Kurdistan region. It also contentiously operated Kirkuk’s Avana Dome and the nearby Bai Hassan field between 2014 and 2017 until federal forces re...
Volume: 64Issue: 06Published at Fri, 12 Feb 2021 -
Kuwait Cuts Long Term Targets For Giant Burgan Field
...ture field, having first been discovered in 1938, and production capacity has fallen in recent years (see chart). In 2014, capacity was around 1.7mn b/d and KOC’s goal was to maintain capacity at that level. BP was brought to the field in 2014 under a technical service agreement (TSA) to help maintain Bu...
Volume: 64Issue: 05Published at Fri, 05 Feb 2021 -
Services Firms Diversify Away From Volatile Us Shale
...ia’ share of revenue rose to a record 36.3%, above that of North America (just 24.0% for 2020) for the first time in four years (see charts). Mideast & Asia 2020 revenue was 72% of the 2014 peak: North America revenue is down two-thirds and overall revenue down 50% over the same period. Ha...
Volume: 64Issue: 05Published at Fri, 05 Feb 2021 -
Libya’s Power Sector In A Race Against Time
...at Libya has had rival eastern and western governments since 2014 hasn’t exactly helped matters. The parallel administration in the east has its own power authority which has complicated efforts to coordinate operations and policies. Libya’s new unity leadership which was in the process of being se...
Volume: 64Issue: 05Published at Fri, 05 Feb 2021 -
Qatar Export Revenues Fall 30% In 2020
...s current level of 77mn t/y in 2011. The figure is considerably lower than at the height of the collapse precipitated by the oil price slump from late 2014. Then annual revenues bottomed out at $57.3bn in 2016 (see chart 1). However, Qatar has had considerable success in reducing its import tab in...
Volume: 64Issue: 05Published at Fri, 05 Feb 2021