1. Sudans Hope Third Time Is The Charm

    ...start in production to review the metering system that is in place currently. Each side will conduct a review of the facilities in its own territory.   South Sudan seceded from Sudan in July 2011, taking with it around three-quarters of the former Sudan’s oil production. It then shut down its ne...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  2. Algeria Preparing Tender For Biskra And Tiaret Refineries

    ...giers 1964 2.7 54   Arzew 1974 3.75 75 25,000 b/d expansion completed late 2011 Hassi Me...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  3. ADWEA Studying Bids For Al-Mirfa IWPP

    ...rt of the Al-Mirfa IWPP project (MEES, 14 May 2012).   ADWEA is currently developing the Shuweihat S3 independent power project (IPP) 250km west of the city of Abu Dhabi, alongside the Shuweihat S1 and S2 plants. A power purchase agreement was signed in February 2011 by ADWEC and Shuweihat As...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  4. EMAL Awards Generator Contracts To GE

    ...e end of 2014. The expansion is expected to cost $4.5bn, and will make EMAL one of the largest single-site producers of primary aluminium in the world (MEES, 1 August 2011). EMAL is a 50:50 joint venture between the Abu Dhabi government investment and development company, Mubadala, and Dubai Al...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  5. North African Energy Producers Face Growing Challenges

    ...proven gas reserves, Algeria has been a leading exporter to Europe for around 50 years. However, there has also been a steady decline in natural gas exports, from 64bcm in 2005 to 54bcm for 2011. Crude production has also fallen, from 1.36mn b/d for 2005 to 1.18mn b/d last year, while domestic co...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  6. IMF: Libyan Economy Growing But Challenges Remain

    ...owth in the non-hydrocarbon sector in 2014. Inflation fell to 6% in 2012 and a further decline is expected in 2013.   As for the financial sector the situation began to normalize after most of the UN sanctions that had frozen Libya’s foreign assets were lifted on 16 December 2011. This allowed th...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  7. Between A Rock And A Hard Place: Egypt’s New Natural Gas Supply Policy

    ...rbouche and Robert Mabro “Egypt’s Natural Gas Market: So far so Good, But where to Next?” in Bassam Fattouh and Jonathan Stern (Ed.) Natural Gas Markets in the Middle East and North Africa, Oxford Institute for Energy Studies, 2011. 2.    USGS, “Assessment of Undiscovered Conventional Oil and Gas Re...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  8. MENA Active Drilling Rigs, February 2013

    ...  North Africa: Active Drilling Rigs 2007-Feb 2013    MENA Active Drilling Rigs, February 2013*     2013   2012  2012   2011...

    Volume: 56
    Issue: 11
    Published at Fri, 15 Mar 2013
  9. Independents To Drive Oman’s 2013 Output Boost

    ...is year.   But the MOG has for the first time admitted there is a very real possibility US firm Occidental (Oxy) will not be able to hit its initial target of 150,000 b/d from the Mukhaizna heavy oil field it operates in Block 53. Oxy originally planned to reach the target in 2011 (MEES, 15 No...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  10. Anadarko Turns North Africa Focus To Shale

    ...p of Tunisia (bordering both Algeria and Libya) from Canadian minnow Voyageur in December 2011.   Anadarko assumed full costs for two commitment exploration wells due by November 2013 as part of the deal, and plans to drill both this year – the company’s only planned 2013 MENA exploration dr...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  11. Oman To Award Five Exploration Blocks In 2013

    ...e number of Petrotel’s Omani assets to four, after it won the adjoining Blocks 17 and 40 in 2009 and 2011 respectively. In Block 17, Petrotel began its drilling campaign in 3Q11, and until recently had found seven prospects. In Block 40 the company has so far committed to a total investment of $35mn to...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  12. Iraqi Parliament Snubs Kurds To ‘Pass 2013 Budget’

    ...dinary citizens. What local job creation there has been is confined overwhelmingly in the poorly paid security sector (MEES, 21 November 2011). This has encouraged over-exaggeration of security needs and essentially given locals an incentive for there to be a need for a heavy security situation. The Ca...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  13. Libyan Instability - The New Normal

    ...December by protests of locals demanding work. On several occasions in Repsol’s recent 2012 results presentation the company’s Libyan production was said to have returned to “normal” – the key reason the company was able to raise its overall production to 332,000 b/d for 2012 from 299,000 b/d for 2011...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  14. SABIC Pulls Out Of Caribbean Methanol Project

    ...s feedstock remains an objective of the government.   The ministry noted that it was now “seeking to enter into a more favourable partnership” in pursuit of its development goals. Trinidad and Tobago produced 4.09mn cfd of natural gas in 2011. It is one of the world’s largest producers of me...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  15. MPs Object To Jordan March Product Price Rise

    ...ar. This compares with a subsidy for petroleum products estimated at JD800mn ($1,128mn) in 2012. According to latest figures from Jordan’s Department of Statistics, imports of crude oil and products rose by 20.8% in 2012 to JD4,702mn ($6,630mn) over 2011, accounting for 32% of total imports of JD...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  16. OPEC Holds Steady, Amid Renewed Focus On Output Sustainability

    ...bya and Iraq all had a strong first eight months of 2012, before faltering. Libya, recovering from the 2011 civil war, posted strong gains in early 2012, and managed to produce four straight months at 1.5mn-plus b/d by last October. Then a series of strikes and militia unrest began to erode oil in...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  17. Benchmark Crude Prices & Crude Official Selling Prices

    ...b Feb-13 Jan-13 Q4 2012 Q3 2012 2012 2011 WTI 91.56 92.25 94.67 95...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013
  18. Kerry Gears Up To Tackle Arab Autumn Fall-Out

    ...iving several of the key regional conflicts.   Mr Kerry, who took over from Hillary Clinton as Washington’s top foreign affairs decision-maker only on 1 February, comes to the job with a reputation as both a liberal and a conviction politician. In 2011, as head of the Senate Foreign Affairs Co...

    Volume: 56
    Issue: 09
    Published at Fri, 01 Mar 2013
  19. Abu Dhabi Continues Onshore Oil Fields Uncertainty

    ...abi Company for Onshore Operations (ADCO)   The confusion is continuing into its fifth year. Twice in 2011 ADNOC told ADCO that it expected the SPC to make a decision that year on extending the concession. It had also told them it would do this in 2010 and before that in 2009.   A th...

    Volume: 56
    Issue: 09
    Published at Fri, 01 Mar 2013
  20. Apache Hit By Egyptian Permit Delays

    ...uple of key projects in the works will modestly raise output over the coming two years. But the relative importance of Egypt for Apache continues to slide.   Apache’s gross Egyptian crude production dipped 2% from 2011’s record levels to 213,000 b/d for 2012. But with 32% of Egypt’s total ou...

    Volume: 56
    Issue: 09
    Published at Fri, 01 Mar 2013