- Sort by:
- Score
- Published ▼
-
Shell Boosts Egypt Gas Output, Retains LNG Force Majeure
...gas (2.45bcm) for 2018, a five-year high. This is little more than a quarter of 2011 volumes, Shell Egypt country manager Gasser Hanter told MEES in Cairo in February that the firm expects to export 30 LNG cargoes in 2019 after exporting 22 in 2018. SHELL NET EGYPT GAS OUTPUT ROSE LAST YEAR FO...
Volume: 62Issue: 11Published at Fri, 15 Mar 2019 -
Lebanon Power Overhaul Gathers Pace
...e table 1) are crucial to boosting growth from the average 1.6% annual GDP growth since 2011. With the world’s third-highest debt-to-GDP ratio (150%), the government is otherwise broke and unable to break the low-investment low-growth cycle that has long plagued it, especially since the 2011 ou...
Volume: 62Issue: 11Published at Fri, 15 Mar 2019 -
Algeria’s Regime Under Threat
...volvement in day-to-day government is negligible. Protests against the regime are nothing new. Algerian citizens took to the streets in early 2011 against a backdrop of regime change in neighboring states. They did so again ahead of presidential elections in April 2014, when protestors chanted ‘Ba...
Volume: 62Issue: 10Published at Fri, 08 Mar 2019 -
Exxon Makes ‘World Class’ Cyprus Discovery
...US major ExxonMobil has discovered 5-8tcf of gas on Cyprus offshore Block 10, the third significant gas discovery made off the Mediterranean island since 2011. But there is still no clear route for any of those fields to be developed. The announcement this week by US major ExxonMobil (60...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Abu Dhabi’s Shah Field Central To Adnoc’s Gas Expansion Strategy
...our stakeholders” says Mr Nasri. This is a far cry from the project’s early days when estimated production costs were a much higher $4-6/mn BTU (MEES, 6 June 2011). SHAH SOUR GAS FIELD SALES GAS OUTPUT* HITS NEW HIGHS IN SECOND HALF OF 2018 (MN CFD) *IMPLIED FROM OXY’S REPORTED NET VO...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Iran Looks To Europe As Trump Fears Threaten Embattled Economy
...nctions from 2011 onwards had proven effective was that the Obama administration was able to secure the buy-in of the EU and Iran’s key customers in Asia. China, Japan, India and South Korea imported a combined 1.4mn b/d from Iran in 2011, equivalent to around 55% of total Iranian export volumes. This fe...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Qatar & Sudan Deepen Ties
...lationship following Qatar’s mediation role in the Darfur conflict, which resulted in the 2011 Doha Document for Peace in Darfur. And Qatar is in need of friends having faced a regional embargo since June 2017. The main players in the Qatar dispute are Saudi Arabia, the UAE, Bahrain and Egypt. Khartoum ha...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Israeli Gas Development: Can The Domestic Power Market Absorb It?
...viathan discovery to development (MEES, 10 January 2011). Subsequent nearby discoveries, such as Karish and Tanin, were seen as potential long-term tie-ins to the company’s two offshore giants. So there was no hurry to further appraise the fields. What is more surprising is that Energean – which pu...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Algeria Struggles To Maintain Gas Output Amid Project Delays
...ntract.’ Its expiry in 2011 saw BHP quit Algeria and Sonatrach take over as operator. The latest figures imply that by the 2020 start-up of the Tinhert fields, Ohanet output is expected to be just 5mn m³/day (175mn cfd, 1.8bcm/y). This is borne out by the most recent available Sonatrach data which pegs Oh...
Volume: 61Issue: 12Published at Fri, 23 Mar 2018 -
Total Reasserts Position As Dominant IOC In Mena On Back Of Abu Dhabi Deal
...posure in recent years. Regional gas output, peaked at 1.46bn cfd in 2011, but suffered its fourth consecutive annual fall in 2017, averaging less than 800mn cfd. The biggest hit has been from regional conflicts, with no Syrian volumes since 2011 and nothing from Yemen since 2015. Combined output fr...
Volume: 61Issue: 12Published at Fri, 23 Mar 2018 -
Eni Swoops For Abu Dhabi Offshore, Sells Mubadala 10% Of Egypt’s Zohr
...quisitions annually to 2025 and that it’s targeting the Middle East’s burgeoning demand. ENI’S MIDDLE EAST PUSH Eni’s traditional stomping ground has been the Mediterranean and North Africa. Within the Mena region, North Africa provided Eni with 233,000 b/d net output in 2017, the lowest since 2011’s 20...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
Sudan’s Upstream Oil & Energy Sector: Investors Sought But IOCs Remain Cautious
...ABILIZED AFTER SOUTH SUDAN’S 2011 SECESSION BUT HAS DWINDLED SINCE 2015 ('000 B/D) *TO MID-MARCH. SOURCE: IEA, BP, MEES. Last year saw the easing of wide-ranging western sanctions after 20 years. Their key legacy is that the country’s upstream (and that of South Sudan) is dominated by st...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
Lebanon Looks To Put Fiscal House In Order
...With the world’s third highest debt-to-GDP ratio and annual growth averaging just 1.7% since 2011, the Lebanese economy needs crucial assistance. Saad Hariri’s government aims to cut this year’s deficit and upcoming donor conferences may help. But can efforts overcome the structural issues im...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
Total Expands In Libya With Marathon Waha Purchase
...e more prosaic press release announcing the deal. Prior to 2011, Waha had production capacity of 360,000 b/d from a portfolio of fields and exploration acreage spread across Libya’s Sirte Basin oil heartland. Actual 2010 output was somewhat lower, at 280,000 b/d, netting Marathon and fellow 16...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
Syria’s Eastern Oil Fields: The Post-War End-Game
...nce 1996 when it neared 600,000 b/d, but natural gas output was on the rise until the war retarded its development. Key gas fields are near Palmyra in the center of the country. Output increased from 870mn cfd in 2010 to 1.05bn cfd in 1Q 2011 with the ramp up of the Hayan gas project (MEES, 14 Se...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
Algeria Gas Set For Record 2018 With Start-Up Of Key Southwest Fields
...tal (37.75%), alongside Abu Dhabi-owned Spanish firm Cepsa (11.25% – until 2011 Total owned 50% of Cepsa) and state energy company Sonatrach (51%). The start-up follows a new contractual framework agreed between the partners and Algeria’s state licensing body Alnaft on 12 December. South Korea’s Sa...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Saudi Pushes On With Nuclear Plans Despite US Concern
...Status Operating 1.0 Iran Bushehr-1 2011 1....
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Noble East Med Plans Gather Pace
...lks to send Aphrodite gas to Egypt were at an advanced stage. Discovered in December 2011, Noble has been unable to reach Final Investment Decision (FID) on the field due to a mixture of the field’s relatively modest size, low gas prices and its location 160km offshore and in almost 2,000ms water de...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018 -
Algeria Keeps Oil Spending Flat, Extends Exploration Search Offshore
...cences on several fields in June 2016. The two firms earlier, in April 2011, agreed to partner on the development of unconventional resources, particularly shale gas. Offshore exploration in Algeria is not a new idea. State oil licensing authority Alnaft has talked about tendering offshore blocks for ye...
Volume: 60Issue: 13Published at Fri, 31 Mar 2017 -
Rosatom Starts Work On New Iran Nuclear Plant, Cementing Russia’s Mena Presence
...pear motivated by more than just economics, with the Russian firm looking to expand its regional reach – and that of Russia – and Iran opting for a prestige project. The plant is located where Rosatom completed the Mena region’s first and, so far only, nuclear plant in 2011, the 1GW Bushehr-1 pl...
Volume: 60Issue: 13Published at Fri, 31 Mar 2017