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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 -
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