- Sort by:
- Score
- Published ▼
-
SEC Lines Up ACWA-Led Consortium For Rabigh-2 IPP
...day to 120gw by 2020 through a range of initiatives (MEES, 4 January). SEC will now begin negotiations with the ACWA-led group for a build-own-operate (BOO) development, with a view to reaching financial close by the end of March 2013. Project completion is slated for 2017. The consortium will own 50% of...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
UAE Misses 3Mn B/D Crude Target, Set To Become Net Gas Importer
...6mn b/d in December he told a forum in Abu Dhabi. He also revealed that the Hormuz bypass oil pipeline is delayed and admitted that the country is set to become a net gas importer – a sure sign that its gas crisis is deepening. Abu Dhabi is also unlikely to hit its 2017 target of 3.5mn b/d crude pr...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Challenges for Libya’s upstream sector
...ock C-17, Mabruk) 20 RWE 2017 NC-193 & NC-195, Sirte 30 Waha 2017+ North Gialo, Si...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Record Saudi Earnings Boost 2013 Budget Expenditure
...just accordingly, said Mr Reeve. “Current spending will remain reasonably strong, but capital spending will continue to be reined in,” he commented. Saudi economist Turki al-Huqail warned in a report published last month in Sharq al-Awsat that Saudi Arabia would need an oil price of $106/B by 2017 if th...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013 -
Gulf Refiners Set For Major Crude Distillation Capacity Boost
...sociated petrochemicals project is at an early stage, although a completion target of fourth quarter 2017 has been set for the refinery. The project is a joint venture of Oman Oil Company (OOC) and Abu Dhabi’s International Petroleum Investment Company (IPIC). It will be designed to process heavy crude, wi...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013 -
MENA Power Generators Pushed Diversity In 2012
...E’s sourcing of fuel and technology from a number of countries with uranium resources and nuclear technology (MEES, 21 December 2012). Delivery of fuel will begin in 2014-15 for the first of four 1.4gw to be built at Barakah by Korea Electric Power Corporation (Kepco) and due on-line during 2017-20. La...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013 -
KNPC Brings Total Onboard As $9Bn China Refinery Project Talks Progress
...edstock necessitates multiple secondary units. And MEES understands that even if the partners reach a final investment decision soon, completion might not be until 2017-18, although Mr Zanki expects it “much sooner”. In addition to a 296,000 b/d crude distillation unit, the Guangdong refinery will, an...
Volume: 55Issue: 05Published at Mon, 30 Jan 2012 -
Abu Dhabi Continues Uncertainty Over 1.4Mn B/D Concession
...nger operate (MEES, 10 October 2011). The consortium’s target is 1.5mn b/d production capacity by 2017. The SPC will approve bidding guidelines before their release by ADNOC. Mr Suwaidi said they will state the available equity and the desired number of shareholders. Companies will submit bids to AD...
Volume: 55Issue: 04Published at Mon, 23 Jan 2012 -
Sudan Admits To Confiscating South Sudan’s Oil As Dispute Talks Resume
...ing anything. Even their rights of ownership to these blocks are in question,” he said. South To Double Its Oil Output By 2017 South Sudan’s Minister of Petroleum and Mines Stephen Dhieu Dau also announced that the country had set out plans to double its oil production to 700,000 b/d in the ne...
Volume: 55Issue: 04Published at Mon, 23 Jan 2012 -
South Pars Reservoir Faces Challenges
...likely to be in production before 2017 and if NIOC cancels the CNPC project and gives it to local contractors it will take even longer – possibly beyond 2020. Phase 13: In 2009 Shell and Repsol quit the 2bn cfd project, being replaced by an Iranian consortium, which has only made 24% progress. Ph...
Volume: 55Issue: 03Published at Mon, 16 Jan 2012 -
Iran’s Political Struggle May Further Delay Major Gas E&P Push
...rther on 3 January when it threatened to take action if the US Navy moves an aircraft carrier into the Gulf. Kuwait and Saudi Arabia are jointly developing what they call Dorra offshore field, known as Arash in Iran, and hope to get first production by 2017. The maritime border between the three co...
Volume: 55Issue: 01/02Published at Mon, 09 Jan 2012 -
AfDB Loans Egypt $550Mn For Suez City Power Plant
...yptian natural gas as feedstock and provide 5.5% of the country’s targeted increase to 41gw in installed generation capacity by 2017, the bank said. “Natural gas being the cleanest option in fossil fuels, the government’s policy is to implement an effective natural gas development and domestic ut...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Noble Energy Makes Major Gas Discovery Offshore Israel With Leviathan Well
...ginning in 2013, production from the Leviathan field is expected to be directed toward the export market. While the field is not expected to come into production before 2017, Noble and its key partner in the venture, Israel’s Delek Group, has already began to investigate the export options. “For ne...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Iraq’s TSC And PSC Agreements – A Good Deal For Iraq?
...ans. If oil production grew substantially from 2010 as aggressive development drilling brought new fields online and drained more oil from established fields, Iraq oil and gas production could be increased by 45-150% in four-five years. Iraqi oil production is expected to peak in 2017 at 2.325mn b/d (Ib...
Volume: 53Issue: 03Published at Mon, 18 Jan 2010 -
Korean Consortium Wins UAE Nuclear Energy Contract
...ur civil nuclear power plants in Abu Dhabi. The first of the four units, each with capacity of 1.4gw, is expected to begin providing electricity to the grid by 2017, with the others to be completed by 2020. Construction is scheduled to commence in 2012. The consortium also includes Hyundai, Sa...
Volume: 53Issue: 01Published at Mon, 04 Jan 2010 -
UAE Nuclear Energy Body Formally Established
...can develop this technology safely and efficiently, and begin producing electricity for the homes, businesses and people of the UAE in 2017.” The government expects electricity demand to double by 2020. The organization will be regulated by the independent safety body, the Federal Authority fo...
Volume: 53Issue: 01Published at Mon, 04 Jan 2010 -
CERA Sees Worldwide Oilfield Decline Rates Lower Than Consensus At 4.5%
...is new analysis provides the basis for more confidence about the future availability of oil.” He added that annual field decline rates were not increasing with time, and with anticipated new developments, “liquids capacity of around 91mn b/d in 2007 could climb to 112mn b/d by 2017. This outlook is...
Volume: 51Issue: 04Published at Mon, 28 Jan 2008 -
Bush Calls For Reduction In US Gasoline Consumption, Backs Renewables
...ports by the equivalent of three-quarters of all the oil we now import from the Middle East,” he said. President Bush said that alternative and renewable fuel use must be mandated to reach 35bn barrels by 2017 in order to achieve the gasoline consumption cut – a new objective five times the existing ta...
Volume: 50Issue: 05Published at Mon, 29 Jan 2007 -
Egypt To Develop Discovered Fields and Extend Gas Distribution NetworkIn 1999
...cently established to manage and expand the national grid. Expansion to over 6,000 kms. of pipeline is expected by the year 2017. Most of this increased production will feed additional power generation facilities, and a number of petrochemical projects. The government hopes that the private sector will pa...
Volume: 42Issue: 04Published at Mon, 25 Jan 1999