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  1. Delek And Avner Oil Look To Cyprus Waters After Tamar Gas Discovery

    ...2012. But due to its location, in depths of more than 15,000ft in 5,500ft (1,677ms) of water, some observers believe that 2014-15 is the most likely start-up date (MEES, 22 June). Noble said a contract has been awarded to shoot 1,200 square miles of 3D seismic on its acreage in Israel in 2H09, an...

    Volume: 52
    Issue: 39
    Published at Mon, 28 Sep 2009

  2. Banks Upbeat On Project Finance As Mega-Deals Target Year-End Close

    ...e refinery is state-of the-art and when it comes on line at the end of 2013, or early 2014, it will be the Middle East’s most advanced. While not quite at the level of the Reliance Jamnagar refinery in India, which was commissioned at the end of 2008, Jubail is “top drawer stuff,” commented Pr...

    Volume: 52
    Issue: 38
    Published at Mon, 21 Sep 2009

  3. Basri Proposes New Approach To Budget Planning In Iraq

    ...provement of government services (health and housing) and for raising productivity in promising projects by adopting the PPP model Dr Basri projects a gradual increase in oil production/exports and revenues during the five-year period, with a rise in oil revenue to $94.5bn in 2014 from $36.0bn in 2009. No...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  4. ERC Targets Early 2010 Financial Close For Musturud Refinery Upgrade

    ...rtial exemptions will be granted to refineries which supply the local market. While the project will go ahead, the tax issue has yet to be fully clarified, MEES further understands. ERC suggests that the refinery upgrade/expansion will be completed by 2014 (MEES, 24 August). It was originally due on...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  5. Dubai Metro, Gulf’s First Train Network, Starts Up

    ...d first class carriages, and a wireless internet service on every train. The whole network will be completed in 2014 and plans call for it to span 318km eventually. The Dubai authorities anticipate 200mn passenger journeys per year. The railway took four years to build and cost $7.64bn – double th...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009