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Alstom Awarded €500Mn EPC Contract By Dalia For 835MW Tzafit Power Plant
...s-fired power plant at Tzafit in Israel. The contract covers the supply and construction of two 417mw gas-fired combined cycle units as well as associated civil works and switchgear. The plant will be located 40km southeast of Tel Aviv and commissioned in 2014. Alstom is expected to sign a 20...
Volume: 54Issue: 24Published at Mon, 13 Jun 2011 -
Saudi Aramco Accelerates 900,000 b/d Manifa Offshore Project
...ojects – 1.2bn cfd Arabiyah field and the 1.3bn cfd Hasbah field. They are to come on stream in 2014. While Saudi Aramco’s crude output in 2010 was slightly down from the previous year at 7.91mn b/d, it boosted gas production by over 600mn cfd over the previous year to hit 9.39bn cfd as full ca...
Volume: 54Issue: 24Published at Mon, 13 Jun 2011 -
Shah Field Doubts Cast Shadow Over Abu Dhabi’s Petchem Ambitions
...stream projects including the $10bn, 500mn cfd Shah gas field, Nick Wilson reports from Abu Dhabi. Partially state-owned petrochemical firm Borouge’s ethylene cracker expansion to 3.6mn tons/year by 2014 depends on the integrated completion of five upstream sources of ethane and building two new NG...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
Total Farms In To Qatar’s Offshore Block BC
...ploration wells drilled by 2014. “The farm-in transaction is another step forward in the partnerships forged with Qatar Petroleum and CNOOC, and reflects Total’s commitment to expanding its exploration and production operations in promising geological basins,” stated Christophe de Margerie, Total’s CEO. To...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
DEWA Invites 18 Developers To Bid For Dubai’s First IPP
...ivate partnership framework,” commented one UAE power expert. DEWA and its advisers, which include HSBC, plan to have a conference with developers in about a month’s time, and this will also include one-to-one meetings with the prospective bidders. The Hassyan I project’s startup is scheduled for 2014...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
The Forthcoming Exploration Blocks Bid Round In Iraq: Issues For Consideration
...d ID241.92bn for 2014. 3 Though the annual investment allocation for the exploration program is on an upward trend, the proportion to total plan investment allocation remains constant at 3.73% on both the aggregate and annual levels. This would lead me to suggest that the investment allocation fo...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
Qatar’s 2011 Growth Driven By LNG Production, Says NBK
...e chart). Growth will be led by the gas sector, where output is expected to increase by 30% in 2011. “This will be followed by a 4% increase in output in 2012, after which the moratorium on new gas projects takes effect and is due to last until at least 2014,” added the report. Oil production wi...
Volume: 54Issue: 22Published at Mon, 30 May 2011 -
Abu Dhabi Moves Ahead With Shah Sour Gas Project
...pacity project to come on stream by 2015. Athens-based Consolidated Contractors Company (CCC) will start work in June on building $550m sulfur granulation and handling facilities, completing work by the fourth quarter of 2014. CCC signed a letter of intent on 25 May with state-owned Abu Dhabi Gas In...
Volume: 54Issue: 22Published at Mon, 30 May 2011 -
Iraq’s Upstream Oil Contracts, 2011 And Beyond
...atures 143bn barrels of proven oil reserves (plus an estimated 30bn barrels in Iraq’s Kurdistan region), a four-year oil production plan targeting 6.5mn b/d by the end of 2014, and a contracted daily capacity expansion plan of more than 12mn b/d by the year 2017. Figure 1: Geographic Di...
Volume: 54Issue: 22Published at Mon, 30 May 2011 -
Qatar Sees World Cup As Catalyst For $200Bn Development Outlay
...phasis would be on future container growth, with the new port handling clean cargoes only, leaving all industrial products to Ras Laffan and Mesaieed. It will be served by a 31km approach channel, and built in three phases with stage one due to open by November 2014 with a capacity of 2mn twenty foot eq...
Volume: 54Issue: 21Published at Mon, 23 May 2011 -
Energy Decisions Loom For Cyprus As Island Seeks To Make Best Of All Options
...d of the day we don’t wind up with nothing.” Pipeline Gas To Cyprus, The Law, And DEFA’s Future Role According to the plan put forward by Noble Energy, raw gas would arrive on the island by pipeline from Leviathan and Block 12 for processing at Vasiliko sometime in 2014 or after. Considering de...
Volume: 54Issue: 21Published at Mon, 23 May 2011 -
TAQA Announces Final Approval For Bergermeer Gas Storage Project
...e Bergermeer Gas Storage facility in the Netherlands – jointly developed with Russia’s Gazprom – have been signed by the Dutch authorities. Bergermeer gas storage is scheduled to start in 2013 with commercial operations beginning in 2014. Bergermeer will provide the Northwest European gas market wi...
Volume: 54Issue: 21Published at Mon, 23 May 2011 -
Saudi Arabia Poised For New Gas/NGL Prices
...abiyah fields due on stream in 2014 will cost over $5.50/mn BTU (MEES, 9 March 2009). “The Saudis won’t be able to get any significant new fields for less than $5/mn BTU and they are desperate for gas,” says an industry source. By July, the Saudi Aramco/Shell South Rubi' al-Khali (SRAK) gas ex...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Abu Dhabi Considers Breaking Up Oil Concessions To Hit 3.5Mn B/D Target
...wards it will offer its partners, Nick Wilson writes from Abu Dhabi. Abu Dhabi has studied breaking up its onshore oil consortium (ADCO), when its concession comes up for renewal in January 2014, MEES learns. The plan would award the individual fields to its existing partners: ADNOC (60%), Shell, To...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
OPWP Projects Oman Power Demand Will Near 3.5GW By 2017
...ojects] in 2012, 2013 and 2014,” said the study. Two of these new IPPs – Sohar-2 and Barka-3 – are currently under construction and are scheduled to be commissioned on a phased basis in 2012 and 2013. Last October, the financing was oversubscribed, with eight international banks and two export credit ag...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Cyprus Considers Interim Solution For Natural Gas Supply, Noble Energy Keen To Drill
...raeli and Cypriot gas – if gas in the Cyprus offshore should be discovered (MEES, 17 January). Representatives of Noble Energy met with Cypriot energy officials in early April and laid a plan on the table that could see deliveries of gas from Block 12 to the island by 2014. The first aim would be to co...
Volume: 54Issue: 19Published at Mon, 09 May 2011 -
Abu Dhabi Capacity Expansion Schedule Slips By A Year
...pacity of about 500,000 b/d, will not be known until the project, which will start up in 2014, is at full capacity in 2016. ADNOC has not published any expected boosts, but under optimum conditions of structures and depth, 20% increases have been achieved elsewhere. ADCO says CO2 could free up as mu...
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Abu Dhabi Studies Gulf’s Largest Wind Farm
...at would be biggest in the Gulf. If fast-tracked, Masdar would award a construction contract in January and the farm would begin sending power to the grid in 2014, MEES understands. The emirate’s goal is to achieve 7% of its power from renewables by 2020, but to date has invested little in wind en...
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Qatar’s $5Bn Barzan Project Financing Moving Ahead
...pected to be completed this year, could also include an Islamic tranche, although ultimately this will depend on how competitive it is with the other sources of funding being tapped. Barzan was originally planned for 2012 start-up, but that date was put back to 2014. Now that the two EPC contracts ha...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Cyprus Warns Investors Against TPAO East Mediterranean Block Offer
...seismic available. TPAO holds 100% interest in all the blocks until 2014 and operatorships are available along with past-cost information. Operators would be required to draw up a minimum work program that includes seismic acquisition and drilling. According to TPAO there exist five large st...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011