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Algeria’s Southwest Gas Project Awaits Approval Amid Political Turmoil
...anwhile, BP and Statoil are spending over $2bn in a phased project, firstly through compression and then through the development of four southern fields, to maintain capacity at their 9 bcm/y In Saleh project to beyond 2017. Meanwhile, Algerian legal authorities on 14 February extended the term of ju...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Abu Dhabi’s ADCO Targets 1.8Mn B/D Oil Capacity
...CO) for phase one of the Bab field expansion. The announcement follows ADCO’s release of details of its planned crude capacity boost from 1.4mn b/d to 1.8mn b/d by end 2017. In addition to 425,000 b/d of gross scheduled capacity expansion, ADCO sees potential for 250,000 b/d of capacity to be added fr...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
A Tentative Forecast For Iraq’s Oil Production 2010-20
...at three times the present production capacity of 2.5mn b/d and double the highest rate Iraq achieved in 1979. In the Second Licensing Round in December seven more fields (reserves conservatively estimated at 35bn barrels) were awarded. Another 4.8mn b/d of production capacity may be added by 2017...
Volume: 53Issue: 06Published at Mon, 08 Feb 2010