1. Oman Sidesteps Gas Crunch As Liquids Output Rises

    ...crement when it starts up in 2010. Expected start-up at Qarn Alam, one of the world’s biggest steam injection projects, has slipped into 2011. Around 40,000 b/d of new oil is targeted from the project, but phase one is likely to involve around half this amount, MEES understands. Omani firm Petrogas ha...

    Volume: 52
    Issue: 13
    Published at Mon, 30 Mar 2009
  2. Saipem Extends Drilling Contract At WDDM To 2014, Targets Water Depths Of 1,100Ms

    ...ock. Scarabeo 6 is a third generation rig capable of drilling in water depths of up to 780ms, and to a total depth of 7,500ms. It was originally booked by Burullus in December 2006 for a two-year contract, extended to 2011 in October last year, to develop the WDDM concession and extend its pr...

    Volume: 52
    Issue: 13
    Published at Mon, 30 Mar 2009
  3. Fattah Says Iranian Power Exports To Turkey Will Double In 2009

    ...uble to 400mw by the end of this year. He predicted that Iranian power deliveries to Turkey would continue to rise steeply, reaching 2gw by 2011. Mr Fattah said that a comprehensive agreement on electricity trading would be signed between the two countries next month. Iran’s power generating ca...

    Volume: 52
    Issue: 13
    Published at Mon, 30 Mar 2009
  4. Algeria To Spend $63Bn On Energy Projects Over The Next Five Years

    ...March at the cost of around $3bn, Dr Khelil said. Eni is developing the block, since acquiring the Canadian operator First Calgary Petroleum in September last year, and said at the time of the acquisition that production was due to begin in 2011. The contract for the Gassi Touil surface in...

    Volume: 52
    Issue: 12
    Published at Mon, 23 Mar 2009
  5. MENA Defense Spending Remained At High Levels In 2007, IISS Report Shows

    ...arches must be in coordination with the Iraqi government; US forces would withdraw from Iraqi cities and towns to specified bases by 30 June 2009; and that US forces will have to complete their final withdrawal from Iraq by 31 December 2011. Several factors contributed to the improving security co...

    Volume: 52
    Issue: 11
    Published at Mon, 16 Mar 2009
  6. Saudi Aramco Looks To Gulf Offshore For Gas Boost

    ...celerated”, allowing for some production to come on stream in October 2011, but the majority of the gas capacity is not likely to be on stream before 2012. According to last year’s Annual Review, Saudi Aramco’s total raw gas output will be boosted from 8bn cfd in 2007 to 13bn cfd by end-2011 (MEES, 2 Ju...

    Volume: 52
    Issue: 10
    Published at Mon, 09 Mar 2009
  7. UAE Embarks Upon Budget Reform

    ...Middle East Economic Survey VOL. LII No 10 9-Mar-2009 UAE UAE Embarks Upon Budget Reform The UAE has embarked upon a plan to reform its federal budget, and plans to adopt what is described as a “zero-based” regime from 2011. Currently incremental budgeting is used, where di...

    Volume: 52
    Issue: 10
    Published at Mon, 09 Mar 2009
  8. Political Comment (9 March 2009)

    ...Middle East Economic Survey VOL. LII No 10 9-Mar-2009 Political Comment (9 March 2009) The US will be out of Iraq altogether by the end of 2011, according to the timetable announced by President Barack Obama. On her first visit to the region, Secretary of State Hillary Clinton ha...

    Volume: 52
    Issue: 10
    Published at Mon, 09 Mar 2009
  9. Sonatrach Signs Gas Sales Agreement With Orascom, Despite Supply Concerns

    ...ailability of natural gas feedstock. State-owned energy firm Sonatrach last week signed a 20-year sales-purchase contract with Egypt’s Orascom Construction Industries (OCI) to supply 1.7 bcm/year of gas to the ammonia/urea plant that the two companies are developing there from 2011. The plant will have a pr...

    Volume: 52
    Issue: 09
    Published at Mon, 02 Mar 2009
  10. Juba Government Facing Serious Financial Difficulties As Oil Revenues Dwindle

    ...artoum have been too preoccupied with sharing the country’s oil rent, and are principally using the revenue to build up arms, ahead of a proposed referendum on independence for the south in 2011, and at the expense of economic development and national stability. The report estimated that as much as 60...

    Volume: 52
    Issue: 09
    Published at Mon, 02 Mar 2009