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Oman Eyes 2018 Completion Of Linked Downstream Projects, But Liwa Cost Rising
...ld reporters this week that work on the Sohar refinery expansion, which began in 2014, is expected to be completed in the fourth quarter of 2016. The products pipeline and storage terminal are scheduled for completion in 2017, while Liwa will be ready for start-up in 2018. LIWA COULD COST $5B...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Saudi Arabia’s Sadara Petchems JV To Supply Juffali Plant With Feedstock
...asChem in the first half of 2017 (MEES, 7 August). Sadara says it will provide Juffali’s BTG unit with almost all the raw material it requires. Other Juffali units, including the polyurethanes plant, will take some raw materials from Sadara and some from third party suppliers. Juffali’s MDI and BT...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Israel Powergen Capacity Nears 17GW With Completion Of Haruvit CCGT
...rael’s Noy Fund started construction in June for 2017 start-up. The second phase of Ashalim will be a 110MW CSP plant, for which Spain’s Abengoa and Israel’s Shikun and Binui recently announced financial close with a view to 2018 start-up. Details of a solar PV plant to be built at the same site have ye...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Akri-Bijeel Plans Take A Mauling
...d-2015 and 50,000 b/d by 2017-18. Now it says output will be stuck at little more than 2,000 b/d. Akri-Bijeel’s “economically recoverable reserves” have been slashed to just 4mn barrels, a mere 0.5% of the 800mn barrels oil-in-place estimate contained in Mol’s development plan agreed last August (ME...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
ACWA/MITSUI Secure Oman Power Finance
...oposals for two independent power producer (IPP) projects at Ibri and Sohar. Leaders are France’s Engie and Japan’s Marubeni and Mitsui. OPWP originally gave combined Ibri /Sohar gas-fired capacity as 2.6GW, with 740MW due online in summer 2017 and 1.86GW more in summer 2018. But local press now say co...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Jordan Launches Bid Round
...other technically proficient player takes its place at Risha. In the west of the country privately-owned minnows Korea Global Energy Corporation and Enegi of the UK will undertake exploration of the nearly 7,000 sq km Dead Sea block. A four-year exploration phase will run until 2017, during which th...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
Egypt Mulls PP Project At Alexandria
...Alexandria for 2017 start-up. Meanwhile, Tahrir is being developed by Dubai-based private firm Carbon Holdings (MEES, 4 April). The two linked Ethydco plants are being built by Japan’s Toyo and the ENPPI engineering unit of Egypt’s Ministry of Petroleum (MEES, 19 April 2013). ...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
Key Project Shelved As Qatar Shifts Petchems Strategy
...500 2017 Linear α-Olefins 300 Oxo-Alcohols 250 Qatofin LLDPE (ex...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
UAE Faces Power Capacity Shortfall, Targets Improved Efficiency
...e second phase of the Muhammad bin Rashid Al Maktum Solar Park. This will have 100MW generating capacity and is scheduled for start-up in 2017. DEWA says the tender will close by the end of October. Meanwhile, the Federal Authority for Nuclear Regulation (FANR) has authorized ENEC to begin bu...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
Bahrain Plans Advance
...tional Oil and Gas Authority (NOGA) later opted for a less ambitious target of 360,000 b/d. Even the revised plan is about two years behind its original schedule: MEES reported previously that the expansion would be executed in two waves, with new and replaced units coming online between 2017 and 20...
Volume: 57Issue: 38Published at Fri, 19 Sep 2014 -
Morocco Wind Bids In
...% of existing capacity, which has been increased recently by UAE firm TAQA’s completion of a 700MW extension at the Jorf Lasfar plant. Other coal projects are a 318MW plant at Jerada, due online in 2016 and a 1.32GW plant at Safi, expected to be completed in 2017. Morocco 850mw Wind Bi...
Volume: 57Issue: 38Published at Fri, 19 Sep 2014 -
Qatar Petroleum Looks To The Future After Board Shake Up
...pire in 2017, though the Danish firm expects to keep the field, sources tell MEES. Maersk is happy with Mr Kaabi’s new role at QP – Mr Kaabi is thought to understand the importance of continuity in operatorship of fields. Production at Shaheen recently fell by 15,000 b/d to 285,000 b/d, due to planned ma...
Volume: 57Issue: 38Published at Fri, 19 Sep 2014 -
BP, CNPC Bag Improved Rumaila Terms As Iraq Slashes State Stake
...e oil ministry is negotiating a lower PPT with Malaysian Petronas, operator of the Garraf oil field in Thi Qar province with partners Japex and the North Oil Company. Garraf entered into production in 2013 at a rate of 35,000 b/d and the PPT was set at 230,000 b/d to be attained by 2017. When Ir...
Volume: 57Issue: 37Published at Fri, 12 Sep 2014 -
Qatar Hires Rigs In Boost To Crude Output Plans
...Congo. This is expected to come online next year and ramp up to about 140,000 b/d by 2017. QPI’s working interest will be about 16,000 b/d of crude and just under 5mn cfd of gas (MEES, 24 May 2013), offsetting potential declines at home. Early this year, QPI bought 23% of the ultra-deep water Pa...
Volume: 57Issue: 37Published at Fri, 12 Sep 2014 -
Egypt: Gas Shortage Fuels Record Diesel Demand
...e map) to 825,000 b/d by 2017 (MEES, 22 August). Assiut Oil Refining this month secured $198mn financing from Saudi Arabia-based Islamic Development Bank (IDB) to help fund a $2.9bn upgrade of its 47,000 b/d plant 320km south of Cairo. A 26,000 b/d hydrocracker at the refinery will convert heavy fu...
Volume: 57Issue: 37Published at Fri, 12 Sep 2014 -
Oman’s Orpic In Catalysts R&D Venture
...finery capacity from 116,000 b/d to 197,000 b/d by 2017 (MEES, 9 May). For Orpic, the deal will provide valuable access to catalysts technology, since Middle East refiners largely depend on outside companies for catalysts at a time when regional demand is growing in line with refining capacity. Gr...
Volume: 57Issue: 37Published at Fri, 12 Sep 2014 -
BP Agrees Lower Rumaila Plateau As West Qurna-2 Ramps Up
...okesman for BP, operator of Rumaila, Iraq’s largest oil field, confirmed that a final agreement on lowering PPT for Rumaila had been signed in the presence of CEO Bob Dudley on 4 July. The plateau has been revised down to 2.1mn b/d from a previous 2.85mn b/d, originally scheduled for 2017. “We are ve...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
Qatar’s Barzan Gas Faces Delay
...ntinue to enjoy surplus gas in the domestic market through 2017 (MEES, 13 December 2010). Liquids Boost Construction of the first train is 95% complete, according to RasGas. In addition to the gas increment, the project will boost Qatar’s condensate and NGLs production: Barzan’s gas is very wet an...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
Egypt Bid Round Yields First Results
...derway: last month, work began on expanding the Midor refinery, which will add 60,000 b/d in capacity from 2017, whilst a massive upgrade to the Cairo refinery is set to half diesel imports. Egypt Fights Gas Deficit While the shortage in petroleum products is rooted in downstream deficiencies, Eg...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
Leviathan Development Gathers Pace As Partners Sign Third Sales Deal
...serves, 6.6tcf Is Earmarked For Phase 1 Development. ^Tender Closes November 2014. Tamar: 2bn Cfd By 2017 At Tamar, Noble’s other key Israeli offshore field, Noble says it will double capacity to 2bn cfd by the end of 2017. Indeed debottlenecking recently raised Tamar’s capacity by 10% to 1.1bn cf...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014