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Orpic: Plastic Expansion
...,000 b/d of condensate) Khazzan-Makarem tight gas field project starts up. The project will set a new price range the government is prepared to pay gas producers to attract upstream investment. It is due to start up in the first half of 2017....
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Iraq’s National Energy Strategy: Oil And Gas Output, Diversification and Employment
...oduction capacity, and in all newly offered technical service deals in Iraq, contracted plateaus determine production capacity after 2017. Table 1: Iraqi Oil Production Scenarios (Mn B/D) INES IEA-Iraq NDP 20...
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Chevron’s Neutral Zone Steam Injection Pushed to 2020
...gin in the 1Q16, he adds. This would push back a final investment decision (FID) until the start of 2017 at the earliest. The project has slipped by at least three years (MEES, 25 October 2010). Mr Shammari says Chevron will inject its first steam as part of the main phase of its steam in...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Germany’s RWE Faces Challenging Sale Of North African Assets
...60%, RWE 40%) and West Mediterranean (BP 80%, RWE 20%) deep water concessions. RWE is committed to spending $3.6bn. But the project has been subject to chronic delays. RWE’s latest presentation material indicates that start-up will not be before the end of 2017. Instead of moving forward with the pr...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Twilight Looms For OPEC’s Golden Age
...ll narrow dangerously; the country could slip into a budget deficit by 2017, according to the latest IMF projections (see graph 3). Saudi officials argue that trends will not continue. New efficiency standards are being rolled out and Riyadh is actively pursuing solar development. A National Energy Ef...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Kuwait JV Awards Foster Wheeler Vietnam Refinery PMC
...nstruction contractor (EPC) consortium through to the completion of performance testing.” Foster Wheeler carried out front end engineering for the project under a contract awarded in July 2008. Total investment will be $9bn with commercial operations due to begin in 2017, Foster Wheeler says. The plant will ha...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Algeria: 8.4GW Boost
...ccessful bidders bring the gas turbines online in open cycle mode before summer 2015, with the installation of heat recovery steam generators to enable combined cycle operation to be completed by summer 2017. Mr Boutarfa – currently under investigation with 15 other Sonelgaz managers for alleged co...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
UAE Growth To Slow-IMF
...ll on 30 July. However oil GDP growth is expected to recover to 3.1% in 2015 before falling to around 1.8% in 2017-18, according to projections made earlier by the IMF (MEES, 28 June). Mega-Project Risk Looking ahead, Mr Finger points to a number of risks to future growth. Fi...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
230,000 B/D Garraf Joins List of Delayed Iraqi Projects
...late 2011/early 2012, causing a delay of at least two years to the original 2015 phase 1 start-up (MEES, 26 March 2012). Current project manager, CH2M Hill believes it can still make the 5.2mn b/d phase 1 start up by 2017 (MEES, 22 March), but most Iraqi oil investors are skeptical. A high pr...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Abu Dhabi: Onshore Pumps 1.5Mn B/D, Investing $40Bn
...0,000 b/d oil field development of the offshore Umm Lulu field will form part of a 400,000-1mn b/d boost to the Emirate’s output by 2020 (see map, p3 and MEES, 21 June). The last time the target was publicly stated, it was for 2017, though it was originally for 2015. Abu Dhabi is half wa...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Aramco Rigs To Hit 200 By End-14, But Drilling Delayed
...0,000 b/d by end 2014, and plans a 300,000 b/d expansion at Khurais to 1.5mn b/d and a 250,000 b/d push to 1mn b/d at Shaybah by 2017 (MEES April 19). But Aramco’s short-term deployment of more rigs has been delayed, according to fellow services firm Baker Hughes. CEO Martin Craighead to...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
OPWP Sets Out Development Priorities, Reports 2012 Progress
...ntracts is due to expire in 2017, with a total of five due out of 12 existing deals due to expire by the end of 2020. The study is due for completion in 2013. OPWP’s latest seven-year outlook foresees strong demand growth in its two main grids, with MIS peak demand rising by 9.5% a year to 8.1gw in...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
IEA Sees Mixed Fortunes For North African, Mideast Refiners
...skra and Tiaret. These are among four 100,000 b/d refineries planned for start-up in 2017 (MEES, 15 March). Algeria’s planning appears to be getting increasingly ambitious, with Ali Hached – advisor to energy minister Yousef Yousfi – telling reporters in early July that the country aims to build six re...
Volume: 56Issue: 29Published at Fri, 19 Jul 2013 -
QP And Qapco Award Al-Sejeel FEED to Bechtel
...th a target of raising total petrochemical output to 23mn t/y by 2020 from 16.8mn t/y at end-2012. Earlier QP and Shell awarded US firm Fluor a FEED contract for the Al-Karaana petrochemicals complex at Ras Laffan. This is due to start up in 2017 with capacity to produce 1.5mn t/y of monoethylene gl...
Volume: 56Issue: 29Published at Fri, 19 Jul 2013 -
Law Change Hands Power, Oil Revenues To Iraq’s Provinces
...ound 8mn b/d by 2017; 6mn b/d by 2023 more likely. Includes 110,000 b/d refinery Misan 380 694 Includes 30,000 b/d refinery. Contracted to rise to 950,000 b/d by 2017; 700,000 b/d by 2020 more li...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Oman LNG Posts 10% Revenue Growth For 2012
...ich a price agreement was reached with Muscat last month (MEES, 7 June) – will temporarily ease the crisis when it comes onstream in late 2017/early 2018. In total, 85 cargoes were shipped from the two OLNG trains at Sur in 2012, with the QLNG train contributing a further 46 cargoes. An ad...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017
... IRAN Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017 Islamabad has suggested the near-800km Pakistani segment of the planned 750mn cfd Iran-Pakistan (IP) gas pipeline project will be completed by end-2014. But a combination of financial and po...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
ADCO Expands North East Bab, Abu Dhabi 3.5Mn B/D Target Back To 2020
...abi Marine Operating Company (ADMA-OPCO) said its 100,000 b/d oil field development of the offshore Umm Lulu field will form part of a 400,000-1mn b/d boost to the emirate’s output by 2020 (MEES, 21 June). The last time the target was publicly stated, it was set for 2017, though it was originally 20...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
South Tunisia Gas Development Close To Go-Ahead Despite ENI Departure
...riously delay, Sonde’s plans to produce 37,000 b/d of oil and 80mn cfd of gas from Zarat, Tunisia’s largest undeveloped field, from 2017 (MEES, 27 August, 2012)....
Volume: 56Issue: 26Published at Fri, 28 Jun 2013 -
QP, Qapco Sign Al-Sejeel Polymers Deals
...llows the award by QP and Shell to US firm Fluor of a FEED contract for the planned Al-Karaana petrochemicals complex at Ras Laffan. Al-Karaana is due to start up in 2017 and will have capacity to produce 1.5mn t/y of monoethylene glycol, 300,000 t/y of linear alpha olefins and 250,000 t/y of oxo-al...
Volume: 56Issue: 26Published at Fri, 28 Jun 2013