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Foreign Investors Look For Streamlined Algerian Oil Bureaucracy As Shell Exits
...r 2016 – revised back from 2014 earlier this year. But potentially Total’s biggest Algerian project is the 4bcm/y Ahnet tight gas development, also in Algeria’s deep southwest. A “technical” development plan filed in July 2011 still awaits approval. The delays are largely due to a st...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Thailand’s PTT, PetroVietnam and China’s CNOOC Expand In Algeria
...art-up at 20,000 b/d in the first half of 2014 before ramping up to 36,000-40,000 b/d plateau volumes of 44°API crude from 2016. PetroVietnam has 40% and is operator, PTT has 35% and Sonatrach 25%. Development now appears to be going smoothly – 2012 has seen progress on the drilling of 16...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Saudi Aramco Progressing Strategic Downstream Projects
...dustrial City II, with completion scheduled for 2014. While the value of the contract and the capacity of the plant were not disclosed, JGC did say that the aromatics unit will be one of the key upstream manufacturing units in the Sadara complex. Sadara’s 26 manufacturing units will produce a wide range of pe...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
East Asian Firms Come Of Age In Middle East With Iraq Investment Drive
...ed another pipeline. Mega-projects at Rumaila, Zubair, and West Qurna-1 are also ramping up, and at the end of 2013 a 200,000 b/d phase 1 of the Lukoil-led West Qurna-2 will begin to start up. Potentially, West Qurna-2 could rise steadily through 2014 to hit 400,000 b/d – the field capacity will be th...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
AES Jordan Secures OPIC Funding For New Power Plant
...080 7.5 18,733 7.8 2014 3,317 7.7 20,231 8.0 2015 3,...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Morocco Awards 160MW Solar Project To ACWA
...0mw concentrated solar power (CSP) plant at Ouarzazate. Masen President Mustafa Bakkoury said that work on the project is scheduled to begin before year-end with a view to start-up by the end of 2014. He estimated the total investment requirement for the project at $1bn. He said that AC...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Iraqi Electricity Industry Poised For 20,000MW Lift-Off
...nus Already Allocated + Mega Deal 2012-2017 $Bn 2012 2013 2014 2015 2016 2017 4....
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
Egypt: Billion-Dollar Exploration ‘Commitments’ Fail To Disguise Delays
...lays Pre-revolution late 2014 project approved 19 July 2010 Nov-11 mid 2015 protests delay gas plant construction May-12 Q2 20...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
Chevron Neutral Zone Delay Jeopardizes Kuwait 2020 Crude Target
...madi port. However, the push to get to 800,000 b/d by 2014 would be a major advance on a previous plan – in 2010 KOC said northern fields’ capacity will hit 820,000 b/d by 2020. And it would be despite KOC steadily dropping northern fields’ heavy oil targets in recent years from 900,000 b/d by 2020 to 27...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
ENI Launches Libyan Gas Expansion FEED Prequalification
...r geological and geophysical processing. This would appear to relate to plans to move ahead next year with Phase II Bahr Essalam development as well as its wider Mellitah expansion plans. Eni also plans to produce 10,000 b/d of crude from Ghadames Basin Block NC-118 from late 2014. De...
Volume: 55Issue: 38Published at Fri, 14 Sep 2012 -
Qatar In Talks To Boost Shell Share Stake To 7%
...r Onshore Oil Operations (ADCO) consortium, in which Shell holds a 9.5% stake. The ADCO concession includes most of the emirate’s major onshore fields and expires in January 2014. Abu Dhabi pays ADCO stake holders a fee of one dollar per barrel of their share of the consortium, which aims to produce 1....
Volume: 55Issue: 37Published at Fri, 07 Sep 2012 -
AGOCO Steps Up Exploration In Libya’s Ghadames Basin
...d now has until early 2014 to drill its one commitment well on the block which lies in water depths of zero to 2,200m. Foreigners On The Sidelines AGOCO’s activity contrasts with the majority of international oil companies’ Libyan upstream positions. These firms, for the most part, have be...
Volume: 55Issue: 37Published at Fri, 07 Sep 2012 -
Iran, Pakistan Go Ahead With Pipeline Despite Finance Problems
...kistan (IP) gas pipeline. The 8.7 bcm/y capacity project, which is an extension of Iran’s IGAT-8 pipeline, was 75% completed by early June 2012, (MEES, 11 June). Completion on the Iranian side is expected by the 2Q or 3Q of 2014, and is linked to a 750mn cfd sales and purchase agreement the two sides fi...
Volume: 55Issue: 37Published at Fri, 07 Sep 2012 -
Algeria Details Power Generation Capacity Expansion Plans
...132mw 2014 Labreg 342 342 2x...
Volume: 55Issue: 36Published at Mon, 03 Sep 2012 -
NIGC Chief Outlines Potential For Major Gas Export Hike
...port up to 40 bcm/y of Iranian gas to Pakistan, with an initial throughput capacity of 8.7 bcm/y. The line is expected to be commissioned in late 2014 or early 2015. However, Islamabad is under increasing US pressure over its relations with Tehran and has not started to build the 785km Pakistani se...
Volume: 55Issue: 36Published at Mon, 03 Sep 2012 -
Offshore Morocco Hots Up With Cairn, Genel Purchases
...ploration wells may follow in 2014, Cairn says. Two key prospects have been identified on the block, where water depths are 500-2,000ms. Small independent firms San Leon, Serica and Longreach have reduced their former collective 75% stake pro rata to make way for Cairn. San Leon now has 14.2%, Serica 8....
Volume: 55Issue: 36Published at Mon, 03 Sep 2012