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Fresh Blast Severs Yemen Crude Export Artery
...has dubbed the National Dialogue – a six-month long conference backed by neighboring Saudi Arabia and tasked, among other things, with writing a new constitution and preparing for democratic elections in 2014. With more than 500 representatives from different political parties, regions, tribes and re...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Neutral Zone Contract Awarded
...peline that will take 50-60mn cfd of currently flared associated gas from Khafji. French contractor Technip last year won a contract to build a 110km gas and condensate pipeline, to be completed by the second half of 2014. The pipeline will also take non-associated gas from the Dorra field, which is sh...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Kuwait Grants $215Mn For Jordan LNG Terminal
...frastructure facilities, marine equipment and installations, a floating storage and regasification unit, and servicing of LNG vessels. The LNG terminal, projected for completion in the second half of 2014, will allow Jordan to diversify its sources of energy, which previously depended on Egyptian gas su...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Total Sees Multi-Billion Dollar Solar Opportunity
...be published in 2014 1 Qatar 16% of the electricity production from renewable energy by 2018. 18000gw announced by Food National Security Program with bid rounds in 2013 1.8 Kuwait 5% of electricity production from renewable by 2020, part of...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
MENA Security Deterioration Sounds Oil Investment Alarm
...dley, said on 30 April. “We don’t expect significant production from [the newly-developed] In Saleh southern fields in 2014,” he added. ...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Analysis: Aramco’s Overseas Refining And Product Marketing Strategy
...in late 2014. Aramco Trading also sells refined products that Aramco marketing is unable to, due to factors such as lack of storage or a natural disaster sharply cutting demand. Aramco Trading does not sell LPG or crude, which is still done by Aramco marketing, but unlike Aramco ma...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Iranian Parliament Approves $20Bn Oil And Gas Bonds
...tween the latter and the government remains unresolved and many deputies believe it should be postponed till 2014. With the official inflation rate topping 31.5% in the year ending 20 March 2013, and independently believed to be double that or even higher, implementation of the second phase of th...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
KACARE Outlines Saudi Electricity Energy Source Scenario
...rst Saudi nuclear power plant, which envisaged: procurement during 2013-15 and final vendor selection at end-2015; detailed design in 2014-17; non-nuclear construction during 2016-21; nuclear construction from mid-2016 to mid-2021; fuel loading in mid-2021; and commercial operation at en...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
SEC Awards PP13/14 Management Contract To WorleyParsons
...cle gas turbine (CCGT) power plants. The plants will each have 1.65gw generating capacity. Engineering, procurement and construction (EPC) contracts for PP13 and PP14 are expected to be tendered in 2014, with a view to start-up in 2017. WorleyParsons said the EPCM scope of work in...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
IMF: Diversification Key For Sudan With Oil Revenues Imminent
...thorities have taken some useful measures thus far, but they have to do more,” Mr Jenkins said. “We are quite encouraged by the oil revenue agreement. It will bring, we believe, just under $500mn to Sudan this year, and around $1.5bn in 2014,” he said on the basis that the IMF sees South Sudan ramping up it...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
MENA Power Sector: Catching Up… But Far From There Yet
...owth of 8.4% for the period 2014-18. Such a growth would likely be higher if derived from the ratio of capacity growth to GDP growth of 2 noted earlier. Conversely, capacity growth would surely be lower if demand-side management (DSM) was adopted more decisively and electricity tariff subsidies phased ou...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Abu Dhabi Onshore Awards Unlikely Before ADCO Concession Ends
...elds. ADNOC Director General ‘Abd Allah al-Suwaidi on 23 April suggested that a decision may not be reached on Abu Dhabi Company for Onshore Oil Operation’s (ADCO) contract by the time it expires on 13 January, 2014. More than 10 firms have been invited to bid for its concession. ADCO is co...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Total Signs $1.3bn Ras Laffan Condensate Splitter Deal; Seeks Saudi, Iraq Projects
...tsui (1%). A diesel hydrotreater, which will process gasoil from Ras Laffan 1 and 2, should be commissioned by the second half of 2014. It will produce “ultra-low-sulfur diesel, which meets the most stringent environmental specifications,” QP said. Like its peers, Total sees the Middle East and Asia as...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Total Sees Partnerships, Technology, Exploration Driving Growth
...ok a 25% stake in exploration Block B/C, operated by CNOOC. And expectations for the first B/C well, scheduled for end-2013/early 2014 drilling, are high in the wake of Wintershall’s March announcement of a major discovery at its offshore Block 4. Last year, Total signed an extension to 2039 for its 23...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Iraqi Provincial Elections: Prelude To A New Balance Of Power
...mpaigning to unseat Mr Maliki before January 2014 parliamentary elections, but has so far failed. The provincial election is a test of strength for both camps. MEES learns from senior Iraqi opposition sources that Iran has informed them of its continued support for Mr Maliki and that Tehran does not want hi...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
International Oil Market Developments
...t seen for three decades. Nobody speaks now of peak production. • The continued increase in global demand from emerging countries, and its continued decline in the industrialized OECD countries. In 2014, the consumption of industrialized countries will, for the first time in the history of...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
CNPC Kicks Off Halfaya Phase 2
...oject, the 535,000 b/d Halfaya development and partner with BP on the giant 2.85mn b/d Rumaila development - are spearheading the capacity drive.On 14 April, CNPC announced it had started construction of a 100,000 b/d, 60 well phase 2 for Halfaya. This is due to come on stream in “the second quarter of 2014...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013 -
Aramco Starts Up 900,000 b/d Manifa Field
... SAUDI ARABIA Aramco Starts Up 900,000 b/d Manifa Field State-owned Saudi Aramco has started production at its Manifa oil field three months ahead of schedule, it announced on 15 April. It will ramp up production to 500,000 b/d by July and 900,000 b/d by end 2014...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013 -
Gulf States Reveal Shale Gas Ambitions
...ploration the Zagros region of western Iran before the end of the current Iranian year (20 March 2013 – 20 March 2014). Oman First Past The Finish Line? Of the Gulf countries though, Oman is likely to be the first to tap such unconventional deposits. The country has for some years now been st...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013 -
Qatar Tiptoes Into North American Upstream
...ns/year, is a joint venture between QP (70%) and ExxonMobil (30%). Among other projects, ExxonMobil has a 7% stake in QP’s 1.4bn cfd Barzan gas project, which is set to come online in 2014. In a joint statement, Centrica and QPI said that CQ Energy Canada Partnership (Centrica 60%, QPI 40...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013