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  1. Adco, ADMA-Opco Concessions To Be Renewed On Similar Terms

    ...aker than those in the existing contracts, although the timing of renewal discussions is not yet clear, MEES learns. The concession for Adco, in which Abu Dhabi National Oil Company (ADNOC) holds 60% alongside Shell, ExxonMobil, BP and Partex expires in 2014. ADMA-Opco’s concession, where ADNOC ho...

    Volume: 49
    Issue: 23
    Published at Mon, 05 Jun 2006

  2. Moody’s Assigns Baa3 Rating To BankMuscat Bond Issue

    ...Middle East Economic Survey VOL. XLVII No 24 14-June-2004 RATINGS Moody’s Assigns Baa3 Rating To BankMuscat Bond Issue Ratings agency Moody’s on 9 June assigned a Baa3 long-term domestic currency debt rating to the BankMuscat’s Omani Rial senior fixed rate bonds due on 30 June 2014...

    Volume: 47
    Issue: 24
    Published at Mon, 14 Jun 2004

  3. Japan Reschedules $202Mn Of Jordan’s Debt

    ...cording to Japanese Ambassador to Jordan Koichi Obata, the amount will be repaid instead by December 2023 with a long-term grace period and at a reduced rate of interest. Official development aid totaling $119mn in principle and interest will be repaid over 10 years beginning in June 2014, while the re...

    Volume: 46
    Issue: 26
    Published at Mon, 30 Jun 2003

  4. Engineering Consultancy Awarded For Merowe Hydro Project

    ...der consideration could bring an additional 763mw of generating capacity online in the period to 2010 (see tables). According to government figures, power demand expressed in tons of oil equivalent (toe) is expected to rise to 342toe in 2002, 442toe in 2005, 794toe in 2010 and 1,309toe in 2014. Su...

    Volume: 45
    Issue: 22
    Published at Mon, 03 Jun 2002

  5. CPC Defends Pipeline Project Against Transneft Charges

    ...troduce a special tax regime or special customs regime for the CPC." The CPC began filling the 1,580km pipeline in March (MEES, 2 April). Initially the pipeline will carry 560,000 b/d (28mn t/y), which is expected to increase to 1.36mn b/d (67mn t/y) by 2014. The pipeline was originally scheduled to make it...

    Volume: 44
    Issue: 24
    Published at Mon, 11 Jun 2001

  6. Financing Petroleum Development: The Experience Of Saudi Arabia

    ...owing demand. Geologists estimated recoverable world crude oil reserves from conventional sources at 2.3 trillion barrels in 1999. Keeping pace with demand growth of 2% per year, production from conventional sources could reach 90mn b/d by 2014. Of that, production from the Gulf countries may reach 25...

    Volume: 43
    Issue: 25
    Published at Mon, 19 Jun 2000