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ExxonMobil Water Project Exit Threatens To Derail Iraqi Upstream Schedule
...oject has been put back two years. So instead of 2015, it won’t come on until 2017.” Even if this view is overly pessimistic, there is little doubt that the project has been seriously delayed – FEED was due for award last November (MEES, 3 November 2011). In the long-run, this water is vi...
Volume: 55Issue: 13Published at Mon, 26 Mar 2012 -
Kuwait Burns Crude, Turns To Renewables, To Meet Fuel Challenge
...at Kuwait “is burning large quantities of high export value fuels – 30% of the fuel mix is crude and gasoil.” The four-year-plus delay on the 1bn cfd Jurassic northern fields gas project (MEES, 5 March), and the freezing of the planned al-Zour refinery, which won’t be ready until 2017 at th...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Kuwait’s Jurassic Gas Project Hits More Problems
...ird said the 530,000 b/d plan can be expanded to 615,000 b/d if Kuwait’s heavy oil projects are successful. Mr Rashdi hopes to commission the 615,000 b/d version in 2017. However, the project – first planned in the early 1990s – was blocked by parliament’s objection in 2009. Its contract award was su...
Volume: 55Issue: 10Published at Mon, 05 Mar 2012 -
Deadline Set For Competing Gas Corridor Projects, Nabucco Plans Extension
...ah Deniz consortium to take its final investment decision in 2013 so as to be able to ship the early gas volumes to Europe by mid to late 2017. The BP move coincided with an announcement by Socar’s President Rovnag Abdullayev that the final purchase and transit agreement between Azerbaijan’s So...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Turkey Looks To Investment And Exploration, Mulls Southern Corridor Options
...ans-Adriatic Pipeline (TAP) – were all present at one session of the conference, during which they pointed out the benefits of their respective projects. All three projects are competing for the gas that will be produced by Azerbaijan’s Shah Deniz Stage 2 project, expected to come on-stream in 2017...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Libya’s Hydrocarbon Revenue Projected At $40Bn In 2010 Budget
...tract foreign direct investment to its retail, construction and financial sectors. Current plans for the oil industry are to boost production capacity to 3mn b/d by 2017, according to Chairman of the National Oil Corporation (NOC) and de facto oil minister Shukri Ghanem (MEES, 14 December 2009). Main Bu...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Companies Mobilize In Iraq As Critical Elections Loom
...lti-million barrels a day oil capacity expansion to 2017. On 7 March Iraqis go to the polls for nationwide parliamentary elections, but post-election negotiations are likely to mean that a new government will not be in place until mid-June or even later. While there has been opposition to the oil co...
Volume: 53Issue: 09Published at Mon, 01 Mar 2010