- Sort by:
- Score
- Published ▼
-
BP To Sign Gas Deal With Oman By September
...celerate Phase 2 to produce another 1bn cfd (MEES 16 April). Oman LNG, the country’s primary LNG producer – whose shareholders include Shell and Total – hopes to export more LNG after BP’s project hits full production. Oman LNG will have a clearer idea by 2014 on demand levels and possible ex...
Volume: 55Issue: 31Published at Mon, 30 Jul 2012 -
Confusion Spreads Over Abu Dhabi Oil Fields Concession
...shore fields and expires in January 2014. State-owned Abu Dhabi National Oil Company (ADNOC) invited selected firms to apply for prequalification by July 15, but BP has not yet been invited (MEES, 9 July). Nick Wilson writes. ““They did not receive an invitation. They were not on the list,” AD...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
New US Sanctions Hit Iran, Upstream Sector Already Stressed
...e project, tells MEES that when Pakistan invited contractors to bid for EPC work it told them to provide the finance themselves. “There isn’t that kind of money available in Pakistan and sanctions aren’t helping, so it won’t be completed in 2014,” he says. MEES learns that Iranian engineers – kn...
Volume: 55Issue: 29Published at Mon, 16 Jul 2012 -
BP Not Yet Invited To Bid For Major Fields, Abu Dhabi Eyes Crude Boost
...E BP Not Yet Invited To Bid For Major Fields, Abu Dhabi Eyes Crude Boost BP has not yet been invited to prequalify to bid for Abu Dhabi’s major onshore oil fields that are run under the Abu Dhabi Company for Onshore Oil Operations (ADCO) concession, which expires in January 2014. BP is a cu...
Volume: 55Issue: 28Published at Mon, 09 Jul 2012 -
Iraq Prepares To Launch GTL Project
...int venture between state-owned Qatar Petroleum (51%) and Sasol (49%) – has because of problems with its slurry bed and air separation units produced at a maximum of about 90% of its capacity. Sasol aims to debottleneck the plant to reach design capacity by 2014, and also plans to add further trains, ta...
Volume: 55Issue: 27Published at Mon, 02 Jul 2012 -
Thin Exploration Returns Leave Libya Reliant On EOR-Fuelled Expansion
...d 72, awarded in 2003). BP, which has three deepwater areas further offshore from Hess and Repsol (Areas 37, 38 and 39) will be hoping to extend the region’s discoveries when it restarts drilling in 2013 or 2014 (MEES, 4 June). Although Hess’s exploration efforts have been moderately su...
Volume: 55Issue: 27Published at Mon, 02 Jul 2012 -
Iraqi Gas And Power Emerges As Critical Sector
...pital investment to kick-start the economy. Capital expenditure will grow to 40% of the budget in 2014 and 50% the following year, compared to 2011’s 31%, Mr Abadi predicts. However, any economic development will not work without electricity, the lack of which currently costs the Iraqi economy an es...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011 -
Iraq Needs To Triple Power Capacity To Meet Short Term Demand Growth
...soil then dry gas from Badra and Mansuria fields Taji 4x40 2011 40mn cfd Dry gas from NGC Akkaz 2x125 4x30 2014 105mn cfd Dry gas from Akkaz field Ba...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011 -
Iran Set To Be Net Gas Exporter, Analysts Doubt Double Output Claim
...uble.” Another Iranian analyst, Mehdi Varzi, president of Varzi Energy consultancy, comments: “The gas forecast looks too high. Gas production is increasing, but an increase of 20-30% by 2014 is more realistic.” The West is tightening the economic noose round Iran. Extensive sanctions stop Iranian ai...
Volume: 54Issue: 28Published at Mon, 11 Jul 2011 -
Kuwait’s SPC Wants 530,000 B/D Al-Zour Option, Parliament Starts Shell Probe
...hrain, scheduled for completion in 2014. It will avoid populated areas in both countries. If Bapco chooses the 450,000 b/d refinery expansion option, the pipeline’s capacity can be increased above 350,000 b/d bydrag reducing agent (DRA) injection. The main reasons for the new pipeline are to improve th...
Volume: 54Issue: 27Published at Mon, 04 Jul 2011 -
ADNOC’s New Chief To Focus On UAE Fuel Crises
...erational by its latest deadline of 2014. One of the reasons for the delays is the cumbersome decision making process of the conglomerates that own the field concessions. ADNOC has not yet announced who will replace Mr Suwaidi as head of the exploration and production division. The choice of which ex...
Volume: 54Issue: 27Published at Mon, 04 Jul 2011 -
Qatar Eyes Iran As Tehran Pushes Shared Oil Field Development
...possible for Qatar to produce an accurate computer model of the depletion rate, at a time when Doha has imposed a moratorium on future major development projects before 2014, while it studies the field. Tehran’s Concerns Tehran is concerned that the Qatari gas development – which is far in front of Ir...
Volume: 53Issue: 30Published at Mon, 26 Jul 2010 -
Industry Questions Absence Of Major In Abu Dhabi’s Shah Gas Project
...train (MEES, 17 May). The plant will supply around 540mn cfd of gas into the UAE grid, with the bulk of the waste gas being toxic and corrosive hydrogen sulfide, by the third quarter of 2014. “The project can only be operated safely in a partnership with a major,” a UAE source told MEES. The te...
Volume: 53Issue: 29Published at Mon, 19 Jul 2010 -
BP Courts Potential Gulf Investors
...so 14.67% in ADMA for the offshore sector (along with ADNOC, Total and Japan Oil Development Company). The former expires in 2014, and the latter in 2018 (MEES, 4 May 2009). It also holds an interest in the proposed Hydrogen project with Masdar (MEES, 28 June). The company’s other large holdings in th...
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
Question Mark Over $6Bn ExxonMobil Qatar Petrochemicals Project
...xonMobil has a stake in four of Qatar’s LNG mega-trains, and two conventional North Field gas projects: 2bn cfd al-Khaleej, which is on stream, and 1.5bn cfd Barzan, which will start up in 2014. Barzan and al-Khaleej’s second phase will provide the domestic market with gas. The first phase of al-Khaleej su...
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
MEES Agenda: Lebanon Pushes Reform Plan For Its Troubled Power Sector
...oduction costs. The reform plan is expected to result in a power sector with more than 4.0gw generation capacity by 2014 and 5.0gw after 2015. The plan envisages an investment of $4.87bn to raise capacity to 4.0gw. The government of Lebanon expects to invest up to $1.5bn, with $2.3bn coming from the pr...
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
Tighter Sanctions Aimed At Iran’s Energy Sector
...fining and Distribution Company (NIORDC) is launching a massive downstream expansion. If realized, Iran would add over 1.5mn b/d of brand new refinery capacity at a cost of over $27bn, not to mention expansion of 1.1mn b/d at existing refineries at a cost of $11.4bn, and all by 2014. Tehran has also an...
Volume: 53Issue: 27Published at Mon, 05 Jul 2010 -
Iraqi Cabinet Gives Initial Approval Of $17Bn Shell Gas Deal
...st a working number. It could change,” Iraq’s deputy oil minister for the downstream, Ahmad al-Sham'a, tells MEES. Funding will be staggered with $450mn to be paid in 2013, $1.25bn in each of 2014 and 2015 and $1.2bn in 2016, news reports said. The deal, which brings together SGC (51%), Shell (44%) an...
Volume: 53Issue: 27Published at Mon, 05 Jul 2010 -
Faltering Upstream Progress Undermines Libyan Output Targets
...ploitation of new ones, is the Waha oil company, whose Chairman Bashir El-Ashahab said in an interview earlier this month that it was targeting 650,000 b/d by 2014. The company is currently producing 370,000 b/d, according to Waha sources, and the first of four major development projects, Faregh Phase 2, is...
Volume: 52Issue: 30Published at Mon, 27 Jul 2009 -
RasGas Sees Largest Ever Order Book For Middle East Bond
...anned total of $2.23bn, divided into a series of three with bullet maturities – the E series is worth $500mn, maturing in 2012; the F series worth $1.115bn, maturing in 2014; and G series of $615mn, maturing in 2019 (MEES, 13 July). Pricing was attractive, with the three-year issue at treasuries pl...
Volume: 52Issue: 30Published at Mon, 27 Jul 2009