- Sort by:
- Score
- Published ▼
-
Qatar Targets 380,000 B/D From Al Shaheen
...%, TotalEnergies 30%) since 2017. A multi-phase development plan kicked off in 2017 and has helped the firms revive the field’s fortunes. Production appears to be on course to rise above 300,000 b/d this year. Kpler data shows exports increasing by 12% so far this year, implying average output of mo...
Volume: 68Issue: 40Published at Fri, 03 Oct 2025 -
Gulf NOCs Target Cuts To Upstream Emission Intensity
...stream output (CO2e/boe) which they aim to reduce to 17kg CO2e/boe by 2025 from a 2017 baseline of 23kg. The CO2e measure includes emissions of methane – a far more potent greenhouse gas, especially over the short term – at a conversion factor of 1kg methane = 29.8kg of CO2e. Gulf NOCs fall into two br...
Volume: 67Issue: 43Published at Fri, 25 Oct 2024 -
Cyprus’ Cronos Gas Find: Eni & Total At Odds Over Development Plan
...2017,” the government source tells MEES. “Maybe Total is unhappy that Cronos gas would go via Eni-operated facilities, potentially to an Eni-operated LNG export plant at Damietta, where it would have zero control over the gas,” the source speculates. Chevron had no such qualms when it fi...
Volume: 67Issue: 42Published at Fri, 18 Oct 2024 -
Crescent Activates Iraq Contracts, Targets 250mn cfd In 18 Months
...wer Plant through a 24 inch pipeline.” The executive adds that supplying the 1GW gas-fired facility was agreed with state firm Midlands Oil Company, “with a focus on delivering much needed gas for power generation.” The 700MW plant built in 2017 houses four 180MW GE GT13E2 gas turbines, and was bu...
Volume: 66Issue: 42Published at Fri, 20 Oct 2023 -
Karish Start-Up Increases Israel Gas Competition
...mpany that was forced to sell a 50% stake in its Energean Israel operations to private equity firm Kerogen Capital for just $50mn in 2017 to help fund operations (MEES, 17 February 2017). ENERGEAN KEY ISRAEL OFFSHORE ACREAGE & ASSETS...
Volume: 65Issue: 43Published at Fri, 28 Oct 2022 -
Inpex Mulls Exit From Iraq’s Eridu
...ctor firm. The partners estimate the field has 7-12bn barrels of oil in place, of which more than 400mn is recoverable with estimated potential output of 250,000 b/d. Attempts to move the field to development have dragged since its discovery in February 2017, though the ministry confirmed late last ye...
Volume: 65Issue: 40Published at Fri, 07 Oct 2022 -
Kuwait Sets Out Plan To Reverse Capacity Losses
...cilities to handle water produced alongside crude oil. DRILLING RAMP UP KOC drilled 431 development wells last year, the highest annual figure since 651 for 2017-18. Mr Hashem says that in order to achieve its goals, drilling will increase to average 500 wells per year. There will also be “ar...
Volume: 64Issue: 43Published at Fri, 29 Oct 2021 -
Kuwait Oil Company Capacity Slumps To 12-Year Low
...rget to 2040, KOC confirmed to MEES earlier this year. Production capacity has now dropped by 522,000 b/d since peaking at 3.15mn b/d in 2017-18; back then KOC still appeared to be in with an outside chance of reaching its 3.65mn b/d target (MEES, 20 April 2018). Despite bringing online he...
Volume: 64Issue: 42Published at Fri, 22 Oct 2021 -
Chevron Eyes Leviathan Tie-Back To Egypt LNG; Can Cyprus’ Aphrodite Piggy Back?
...ypt lessened the relative attractiveness of developing the much more modest Aphrodite which is 160km offshore in 1,750 meters of water depth with (at the time) no existing nearby infrastructure. The startup of Zohr in late 2017 (MEES, 15 December 2017), followed by Leviathan at the end of 20...
Volume: 64Issue: 39Published at Fri, 01 Oct 2021 -
Egypt’s LNG Exports Face Uncertain Future
...ST 13 CARGOES FOR 2020 VOLUMES ARE SET FOR THEIR LOWEST SINCE KEY OFFSHORE FIELDS STARTED UP IN 2017 SOURCE: BP, KPLER, MEES. EGYPT* IS SET TO LOAD JUST 13 LNG CARGOES IN 2020, LESS THAN A QUARTER OF THE 2019 FIGURE *ALL ELNG. ^PRESUMES REMAINING CARGOES AVERAGE 65,000 TO...
Volume: 63Issue: 42Published at Fri, 16 Oct 2020 -
Eni’s Zohr Under Threat From Water Infiltration
...ffered “steeper then expected declines” after 2017 start-up (MEES, 15 March 2019), whilst Phase-3 (Raven) has been delayed from late 2019 due to a pipeline snafu (MEES, 7 February). Shell’s key offshore WDDM fields, long the main source of feedstock for the 7.2mn t/y ELNG export terminal at Idku (see ma...
Volume: 63Issue: 42Published at Fri, 16 Oct 2020 -
Oman Gas Output To Top 5bn CFD As BP’s Ghazeer Comes Online
...ock’s first phase Khazzan project. The 2017 start-up of Khazzan transformed Oman’s gas fortunes (MEES, 29 September 2017), sparking renewed investment from international majors. All told, Block 61 will now account for more than a quarter of Omani gas and condensate production capacity. “I am de...
Volume: 63Issue: 42Published at Fri, 16 Oct 2020 -
Saudi Crude Exports At Ten Year Low
...e Mediterranean terminal of Sidi Kerir. Total Sumed flows to the Mediterranean have dwindled to four-year lows in recent months (MEES, 21 August), and Saudi Arabian volumes are no exception to this trend. At 595,000 b/d in Q3, Saudi exports through the Sumed pipeline were the lowest since 1Q 2017...
Volume: 63Issue: 41Published at Fri, 09 Oct 2020 -
Yemen: Second State Firm Restarts Production
...n’t the first firm to restart production following the start of Saudi Arabia’s military campaign in early 2015: state firm PetroMasila resumed production at Blocks 10 & 14 further east in 2016 where it currently produces around 40,000-50,000 b/d (MEES, 15 September 2017). Volumes are exported from the As...
Volume: 62Issue: 42Published at Fri, 18 Oct 2019 -
Algeria’s New Hydrocarbons Law: One Step Forward
...terly failed in bringing outside investment to sustain output – never mind increase it. Algeria’s last four bid rounds saw a measly 13 blocks awarded from an offered 67 (MEES, 20 October 2017). North Africa Risk Consulting’s Geoff Porter says even if the law was to pass in its current form “Al...
Volume: 62Issue: 42Published at Fri, 18 Oct 2019 -
Qatar Petroleum Finalizes Idd al-Sharghi Takeover
...ES, 16 March 2018). QP partners France’s Total at Al Khalij and Al Shaheen, with the contracts restructured in 2014 and 2017 respectively. KEY QATAR OIL INFRASTRUCTURE QATAR MARINE GOING EAST Idd al-Sharghi’s 100,000 b/d capacity is by far the largest contributor to th...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
Iran Presses On With South Pars Development Despite CNPC Pullout
...velopment of Iran’s South Pars gas field (see map). The $4.8bn July 2017 contract was highly touted as the first major post-sanctions award to foreign firms (MEES, 7 July 2017). But, unfortunately for Tehran, it failed to spur further awards and ultimately has come to naught thanks to the return of sa...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
South Pars Oil Field: No Takers
...ich is operated by a 70:30 JV of Qatar Petroleum and Total. South Pars crude is heavy at 21° API and production started in 2017 (MEES, 24 March 2017) with capacity currently around 35,000 b/d. Denmark’s Maersk, which operated Al Shaheen until 2017, had been keen to take on the project prior to its ta...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
NOC Eyes Russian Firms’ Return
...king a full return, however. Tatneft was awarded eight exploration blocks (Areas 69, 82 & 98) in Libya in 2005 and 2007 (MEES, 28 July 2017, see map). It struck oil several times, but was forced to exit in 2011 as it was preparing for a fresh drilling campaign. It has been one of the few co...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
Eni, Shell & OMV In Tunisia: Will They Stay Or Will They Go?
...oblem at Baraka has brought combined output at the fields down to a measly 1mn cfd from around 13mn cfd in early 2017. The two fields have lots of potential and would have fared much better “if they were managed better. The reserves are there,” the source says. Though Eni is Tunisia’s top oil pr...
Volume: 62Issue: 40Published at Fri, 04 Oct 2019