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Abu Dhabi To Import 1.2Bn CFD Of LNG, Shah Gas Field Slips
...UAE Abu Dhabi To Import 1.2Bn CFD Of LNG, Shah Gas Field Slips Abu Dhabi’s decision to start importing LNG in 2014-15 will put it into competition with Kuwait and Bahrain for floating regasification and storage units (FRSUs), whose market is tight. Positioning the terminal in Fu...
Volume: 55Issue: 13Published at Mon, 26 Mar 2012 -
BP Begins Production At North Shadwan
...EGYPT/EAST MEDITERRANEAN BP Begins Production At North Shadwan BP has started production from its North Shadwan block in Egypt’s Gulf of Suez. Initial production of 1,000 b/d from the block’s NS 377 field will ramp up to 12,000 by 2014 as two further fields on the block come on st...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
SEC Seeking Developers For Power Plant Based On Fuel Oil
...oviding equipment and start-up is scheduled for June 2014. SEC’s second IPP, a Riyadh gas-fired project, is being developed by GDF Suez, Aljomaih Holding Company of Saudi Arabia and Sojitz Corporation of Japan. Commonly known as PP11, it will generate 1.73gw, with early power expected by May 20...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Korean Group Wins Abu Dhabi Oil Deal As ADCO Concession Nears Expiry
...ports. The concession for the ADCO consortium – ADNOC (60%), Shell, Total, BP and ExxonMobil (9.5% each) and Portugal’s Partex (2%) – will expire in January 2014. An international oil company (IOC) official, whose firm plans to compete when the ADCO concession ends, tells MEES about the Korean deal: “I su...
Volume: 55Issue: 11Published at Mon, 12 Mar 2012 -
Kuwait’s Jurassic Gas Project Hits More Problems
...oduce 50-60mn cfd of associated gas. Onshore, a project in Wafra field will collect 100mn cfd of associated gas by 2014 to use for in-field power generation. KNPC and KOC have programs to reduce flaring, but do not publish figures. KOC is relying on exploration to find 1bn cfd of non-as...
Volume: 55Issue: 10Published at Mon, 05 Mar 2012 -
Australia’s Beach Sees ‘Imminent’ Start to Egyptian Production
...ys initial production from the BP-operated block is “imminent”, with first oil coming from the NS 377 field. Production is set to build to around 12,000 b/d by 2014 as other fields come on stream. Of the block’s discoveries, NS 377 is the nearest to the Sinai coast (see map). Production fr...
Volume: 55Issue: 10Published at Mon, 05 Mar 2012 -
Political Comment (5 March 2012)
...id and issued at the meeting of the enemies of Syria in Tunis" and to press ahead with Mr Asad's 26 February referendum on a new constitution, which would allow the president to serve two further seven-year terms when his current term expires in 2014. (According to the government, the constitution wa...
Volume: 55Issue: 10Published at Mon, 05 Mar 2012 -
KRG Oil Sector Pushes Ahead Amid Challenging Times
...rgeted crude production will rise to 3.3mn b/d next year from 2.75mn b/d in 2011. Baghdad is eyeing output of 4.5mn b/d in 2013 and 6.5mn b/d in 2014. The projections are considerably more than those forecast by independent analysts, which see capacity expansion schedules severely cramped by export in...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Europe Must Compete With Asia To Secure LNG, Qatargas Chief Warns
...ntinues with the North Field moratorium after it completes its studies in 2014 into its depletion rate. Shell has signed a preliminary deal with Qatar to build a 1.5mn t/y monoethylene glycol plant, and is in talks to secure ethane from Pearl for the project instead of just contributing it to state-ow...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
KNOC Expands Upstream Presence in Kazakhstan
...mpany Sumbe from China’s Sinochem for $335mn. Sumbe operates two fields in western Kazakhstan with an expected output of 20,000 b/d up to 2014....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
BP CEO Meets New Egyptian Leadership To Discuss Investment
...rket. The BP statement said the first phase will recover an estimated 5 tcf of gas and associated condensate through a subsea development of five offshore fields linked to a new purpose-built onshore gas plant on Egypt’s Mediterranean coast, with first gas expected in late 2014. Last November, BP an...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
PDO To Prequalify Companies Shortly For $250Mn Lekhwair Gas Plant Construction
...port facilities, condensate export pipelines and a liquid surge tank. The gas plant is expected to start operating by late 2014. Over 20 companies reportedly expressed interest in the engineering, procurement and construction (EPC) contract. The tender for the project was sent out in December....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Saudi Arabia Intensifies Efforts To Meet Soaring Housing Demand, BSF Says
...yadh at 325,000 units. These two regions alone are seen to account for just over 55% of new demand during the five-year period 2010-14. Under the terms of its 2010-2014 Ninth Development Plan, the government is aiming to add around 1mn units to the market by the end of 2014, still falling around 25...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Shoaibi Group Forms Gas Treatment Joint Venture With Prosernat
...r field gas separation, oil desalting and gas treatment facilities. “Natural gas production is on the rise in Saudi Arabia and is expected to increase by 40% in the next four years to 4.5bn cfd in 2014,” said Khalid al-Shoaibi, Shoaibi Group Director and PNSA Chairman....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Saudi Aramco And Sinopec Announce Refinery Partnership
...nbu' refinery is expected to cost just shy of $10bn and is designed to run heavy oil from Manifa. Scheduled to come on stream in late 2014, Yanbu' will produce 263,000 b/d of ultra-low sulfur diesel, 90,000 b/d of gasoline, 6,300 tons/day of petroleum coke and 1,200 t/d of sulfur. “This agreement fu...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Kuwait And China Sign Agreements For $9Bn Refinery/Petchem Project
...mpany (KPC) and China Petroleum and Chemical Corporation (Sinopec). With plans to have it online and operational by 2014-15, the 300,000 b/d capacity refinery will be set up to process Kuwaiti crude oil and to supply products locally in the growing Guangdong province market and to the rest of Ch...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Bidder Opts Out Of Contest For Oman’s 2GW Sur IPP
...ll commissioning is expected ahead of the 2014 summer peak demand. OPWP issued its request for proposal (RFP) for the plant last October (MEES, 4 October 2010)....
Volume: 54Issue: 11Published at Mon, 14 Mar 2011 -
Iran Claims South Pars 15-16 Progress
...rch. Analysts, however, doubt the claim’s accuracy. Siamak Adibi, head of the Middle East Gas Team at FACTS Global Energy consultancy tells MEES: “I don’t think it will come on stream before Phase 12. Phase 12 will be on stream on early 2013. Phases 15 and 16 might come later maybe in 2014.” Ir...
Volume: 54Issue: 10Published at Mon, 07 Mar 2011 -
Solar Cell Plant To Be Built In Jubail
...to ingots, wafers and solar cells to be mounted onto panels in order to generate electricity from the sun. The plant will produce 3,350 tons/year of solar grade polysilicon by 2014, under the first phase of the project. Two other phases of the project are envisaged that will raise capacity to ov...
Volume: 54Issue: 10Published at Mon, 07 Mar 2011 -
ESAI Predicts Demand For OPEC Crude Will Exceed Capacity After 2020
...is year to 2014, with global oil demand growth averaging 1.7% a year. “After that, however, improvements in fuel economy, the penetration of non-petroleum based fuels in transport, and a price on carbon will all contribute to the scaling back of oil demand growth to a long term average around 1.0%.” Ye...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010