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Algeria Seeks International Partnerships To Confront Upstream Challenges
...ream in 2011-12, and which will produce 85% crude and 15% condensate. As the largest international oil producer in Algeria, Anadarko has suffered heavy financial losses from the windfall tax, and El-Merk’s development was delayed by three to four years. But MEES learns that the EPC bids for El-Merk ar...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
Bureaucracy Hampers Iraqi Oil Rehabilitation Efforts
...SIGIR, Baghdad’s 2009-11 Strategic Plan is based on export prices of $80/B for 2009, $85/B for 2010, and $90/B for 2011, further underlining the damage posed by both falling pricing and declining production capacity in the south. The report also illustrated continued difficulties the Mi...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
Political Comment (24 November 2008)
...forces, which is probably why cabinet spokesman ΄Ali al-Dabbagh stressed that “the total withdrawal will be completed by 31 December 2011. This is not governed by circumstances on the ground. The date is specific and final.” Unfortunately for Mr Dabbagh, the Chairman of the US Joint Chiefs of St...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
Libya’s Oil Development Plans Gather Pace, IOCs Outline EOR Projects
...ha Sirte 350,000 600,000 2014 Verenex* Area 47 Ghadames n/a 50,000 2011 To...
Volume: 51Issue: 46Published at Mon, 17 Nov 2008 -
Costs Slide Prompts Wave Of Project Delays
...0,000 b/d offshore Manifa increment, which is due to begin starting up at the end of 2011. Manifa, the last of the mega-projects in Saudi Aramco’s current upstream expansion drive, is being widely touted as the most expensive increment in the company’s history, with current projections overshadowing th...
Volume: 51Issue: 46Published at Mon, 17 Nov 2008 -
Hyproc Receives New LPG Carrier From Japan’s Namura, Algerian LPG Exports Set To Rise
...signed to expand and modernize Hyproc’s fleet. The company expects to receive three more LPG carriers, each with a capacity of 35,000 cu ms, between 2009 and 2011, two of which are being constructed by Korea’s Hyundai Heavy Industries (HHI) following an agreement signed in September (MEES, 8 Se...
Volume: 51Issue: 46Published at Mon, 17 Nov 2008 -
Iran’s Oil Production Not Expected To Increase Medium-Term, Says FACTS
...0 B/D) Phase 1 (Timeline) Phase 2 (Timeline) Anaran StatoilHydro (Likely) 68 (2011-12) 130 (2015) Azadegan PetroIran* 50 (2009) 170 (2013-14) Yadavaran Sinopec 85 (20...
Volume: 51Issue: 46Published at Mon, 17 Nov 2008 -
Political Comment (10 November 2008)
...ndate for the Americans’ continued presence in Iraq at the end of the year. According to Iraqi national security adviser Muwaffaq al-Ruba'i on 6 November, “they accepted many, many of our requests,” including the removal of a clause that would have allowed US troops to remain in Iraq after 2011, wh...
Volume: 51Issue: 45Published at Mon, 10 Nov 2008 -
GCC Countries To Meet On Gulf Power Grid Project
...oject and to sign a power trading agreement. The $3.9bn project is designed to link GCC members’ domestic power systems by 2011. Speaking in Abu Dhabi on 26 October, Yusuf Ahmad Janahi, chairman of the GCC Interconnection Authority, said Phase 1 of the project, which began in 2001, was 80% complete an...
Volume: 51Issue: 44Published at Mon, 03 Nov 2008 -
Political Comment (3 November 2008)
...e American presence beyond 2011 and the right to declare the agreement void if the US unilaterally attacks any of Iraq’s neighbors, it is hardly surprising that the move went down badly in Washington, where White House spokeswoman Dana Perino said on 28 October that “we think the door is pretty mu...
Volume: 51Issue: 44Published at Mon, 03 Nov 2008