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Riyadh’s SWCC Privatization: Desalination And Powergen Assets On The Block
...1 Ras al-Khair RO 2014 311 308 Ras al-Khair 2015 74...
Volume: 62Issue: 39Published at Fri, 27 Sep 2019 -
Aramco: Impressive Output Rebound, But Effects Will Linger
...mn b/d (not including the Neutral Zone whose production, shut in since 2014, is shared with Kuwait), so a claimed 11mn b/d figure implies that 1mn b/d is still shut in. And the 12mn b/d figure has never been tested. Many observers, including MEES, are skeptical that the country could produce at this level fo...
Volume: 62Issue: 39Published at Fri, 27 Sep 2019 -
Northern Iraq Secures Vital Infrastructure Upgrades
...an to rehabilitate the Baiji-1 and Baiji-2 powerplants is also central to Baghdad’s broader initiative to restore services to the areas hardest hit by the Islamic State (IS) insurgency that wracked the country between 2014 and 2018. Baiji lies in Salahuddin Province and supplies power to the north, in...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Morocco: Minnow Bags Deepwater Block
...-1 well drilled by US firm Kosmos and partner BP in April 2014 (MEES, 18 May 2014). The two firms, key partners off Mauritania and Senegal to the south, gave up on what was then the Foum Assaka block in 2016 with BP quitting Morocco to boot. Kosmos at the time said FA-1 “failed to find hy...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Saudi OKs Desal Sell-Off Plans
...ant, with 2.4GW power generating capacity and desalination capacity of 1.25mn m3/d. This came online in 2014 at a cost of $6.1bn (MEES, 13 February 2015). Estimating the value of SWCC is complicated by the fact that much of the company’s infrastructure is in need of a capital injection: 20% of its ca...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Israel-Egypt Gas Deal: More Problems?
...at the two key Leviathan partners are looking for another potential Egyptian offtaker for their gas. Given that Egypt’s moves to gas market liberalization are in their infancy (MEES, 5 April) the obvious counterpart would be EGAS. Dolphinus was formed in 2014 by Egyptian entrepreneurs Alaa Arafa, Kh...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Russia’s Stroytransgaz Bags Iraq E&P Deal
...-year contract this week to explore and produce oil and gas in western Iraq’s Block 17, a ministry statement confirms. The deal requires approval from the ministerial council, and given American sanctions on the firm due to its involvement in Russia’s 2014 annexation of Crimea, it could spark fierce US op...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Iraq Sets New Oil Output Record As Jordan Exports Start
...lamic State (IS) insurgency in 2014-16, whilst Baghdad has also tested the upper limits of its export infrastructure. Since peaking at a whopping 3.63mn b/d in December (MEES, 4 January), Iraqi southern exports have averaged 3.43mn b/d throughout the first eight months of this year – less than 30...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Algeria’s Gas Projects: Playing Catch-Up
...ntracts worth a combined AD53bn ($440mn) to local firms Cosider and ENGTP late last year to develop six fields around the periphery of the 4.4bcm/y-capacity Gassi Touil development, which came online in 2014. Cosider’s AD21bn contract will see it drill 25 wells and send raw gas output of 7mn m³/day (ar...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019