- Sort by:
- Score
- Published ▼
-
Oman Faces Further Crude Oil Production Woes
...op crude production slippage turning into a rout. Shell-led Petroleum Development Oman (PDO) has dropped its target announced last year to raise crude production to 600,000 b/d by 2011. Oman’s Oil Ministry, while not happy, has accepted the downgrade, MEES learns. PDO will announce at its an...
Volume: 51Issue: 04Published at Mon, 28 Jan 2008 -
Saudi Aramco Prioritizes Karan Gas Field Development, Output Hikes Planned
...t be forging ahead with its first major non-associated offshore gas project. Karan is also, by some distance, Aramco’s largest non-associated gas project. The company is working hard to avoidan anticipated shortfall of gas in 2011-12, which will be especially evident in the summer months when po...
Volume: 51Issue: 04Published at Mon, 28 Jan 2008 -
Middle East Oil Production Held Back In 2007, North African And Caspian Output Increased
...adline for bids for the main construction packages on Saudi Aramco’s 900,000 b/d Manifa heavy oil increment, due on-stream in 2011. These are not now expected to be in until June. And the 500,000 b/d Khursaniyah project, the kingdom’s only scheduled 2007 crude increment, missed its year-end start-up ta...
Volume: 51Issue: 04Published at Mon, 28 Jan 2008 -
Iran Reports Record Balance Of Trade Surplus In 2006-07
...bsequent annual payments as per the following schedule: Year Repayments Schedule ($Bn) 1386 (2007-08) 12.389 1387 (2008-09) 2.831 1388 (2009-10) 2.078 1389 (2010-11) 1.747 1390 (2011-12) onwards 4....
Volume: 51Issue: 04Published at Mon, 28 Jan 2008 -
KOC Confirms Strategic Plans For Non-Associated Gas Development
...asasah, Hashim Hashim, Deputy Managing Director of KOC, Southern and Eastern regions, said the second phase of development would begin in mid-2008 and last until 2011, with capacity rising to 600mn cfd and 165,000 b/d of condensate, and involving the drilling of 34 additional wells. The third phase, wh...
Volume: 51Issue: 04Published at Mon, 28 Jan 2008 -
Saudi Downstream Drive Enters Critical Phase
...ability of some to the limit and delays prompted by the need to reduce costs have moved start-up dates on the new generation of Saudi refineries to late-2012-early-2013 from original 2011 start-up dates. Front-end engineering and design (FEED) for the kingdom’s two flagship export refinery joint ve...
Volume: 51Issue: 03Published at Mon, 21 Jan 2008 -
Algeria Set To Launch Seventh Bid Round In Upstream Gas Push
...ich is now expected in late 2011, three years later than originally thought, an Anadarko spokesman told MEES: “Given the licence [problems] with Sonatrach and trying to recoup money from the excess profits tax, that’s bound to have an impact on the timing of the project.” Another reason for the de...
Volume: 51Issue: 03Published at Mon, 21 Jan 2008 -
Agip KCO Partners Cede Ground To Kazakh Government In End To Kashagan Dispute
...r its share increase after the field comes into production – now set for late 2011. Analysts have put the value of the shares that KMG will receive close to $3bn. The MOU calls for consortium members to pay additional royalties once production begins that may amount to more than $4.5bn, de...
Volume: 51Issue: 03Published at Mon, 21 Jan 2008 -
Hints Of Progress On Third Anniversary Of Sudan’s Fragile Peace Agreement
...dicate that the SAF troops completed their withdrawal shortly before the gathering in Wau. Sudan’s First Vice President Salva Kiir, who heads the GoSS, also attended the celebrations. Referring to the referendum on unity that is due to take place in 2011, SUNA quoted Mr Kiir saying that the option fo...
Volume: 51Issue: 03Published at Mon, 21 Jan 2008 -
Kuwait Looks To Non-Associated Gas Debut
...ude at full capacity. Kuwait awarded the contract to design and build the country’s fourth gas train to Korea’s SK Engineering last month. The plant will have processing capacity of 805mn cfd of gas and 106,300 b/d of condensate and is due on-stream by end-February 2011. It will take not just non-as...
Volume: 51Issue: 02Published at Mon, 14 Jan 2008 -
MENA’s Proposed Refining Capacity Additions Face Costs/Engineering Challenges
...gasoline will be eliminated by 2011-12, and the Middle East will have a surplus of some 200,000-250,000 b/d of gasoline by 2015. Additionally, FACTS predicts that the Middle East will have middle distillate export availability of 1.4mn b/d in 2015. Given rising Gulf region products demand, so...
Volume: 51Issue: 02Published at Mon, 14 Jan 2008 -
Khursaniyah Hitch Highlights Global Project Crunch
...oject under a traditional timetable would not have come on-stream until May 2009. But it is clear that Saudi Aramco is starting to feel the strain as it sets about implementing the largest expansion in its history. The firm plans to add almost 3mn b/d of gross crude production capacity by 2011. Ac...
Volume: 51Issue: 01Published at Mon, 07 Jan 2008 -
BAPline Partners Form Project Company
...necessary and that negotiations should be directly with Russia and Gazprom. Kazakhstan’s Eurasian Natural Resources (ENR) on 19 December started up in Pavlodar a $900mn aluminum smelter which will reach its 250,000 tons/year capacity in 2011. Construction of the plant began in 2005. ENR is...
Volume: 50Issue: 52Published at Mon, 24 Dec 2007 -
Daelim/JGC Win EPC Contract For NCP Petchem Project
...hylene, propylene, polyethylene, polypropylene, polystyrene and 1-hexene. Construction will begin in January 2008, with project completion expected in early 2011. Commercial production is scheduled to begin in September 2011. JGC will perform the EPC services for the 1.2mn tons/year cracker, 20...
Volume: 50Issue: 52Published at Mon, 24 Dec 2007 -
UACC Orders Eight Chemical Tankers From South Korea’s SLS Shipbuilding
...ght chemical tankers, with an option for an additional two 45,000 dwt IMO II chemical tankers for delivery in 2011. UACC said it aimed to develop a fleet of medium-to-long range product tankers to serve the shipping needs of the expanding oil refining and chemical industries of its home region. UA...
Volume: 50Issue: 52Published at Mon, 24 Dec 2007 -
1Q 08 Decision On Oman’s Proposed Al-Duqm Refinery/Petrochem Project
...ld by OOC, 17% by Shell, 15% by Liwa Energy, 2% by Total, and 1% by Partex. The venture’s aim is to develop some 1bn barrels of Mukhaizna crude oil and achieve production of 150,000 b/d by 2011. The project is said to be progressing according to schedule, and, despite rising cost, is within 5% of bu...
Volume: 50Issue: 51Published at Mon, 17 Dec 2007 -
Caspian Services Begins Phase 1 Work On Bautino Marine Facility
...TIC Group sold 50% of Karazhanbasmunai to state-owned KazMunaiGaz Exploration and Production (KMG EP) earlier this year (MEES, 22 October). The oilfield has proven reserves of 363.8mn barrels. Production is around 45,000 b/d and target production is set to double by 2011. KazMunaiGaz an...
Volume: 50Issue: 51Published at Mon, 17 Dec 2007 -
Citadel Refinery Financing Progresses, Pathfinder Banks To Be Appointed
...ope because it includes a coker to optimize diesel production. It is 85% owned by Citadel with Egyptian General Petroleum Corporation (EGPC) holding the remainder, and the two have formed a holding company, Egypt Refining Company (ERC). It will start up in 2011 producing 2.2mn tons/year of diesel (in...
Volume: 50Issue: 51Published at Mon, 17 Dec 2007 -
SPLM Agrees To Rejoin National Unity Government As Talks Resume
...ke place in 2009, and the referendum on unity, scheduled for 2011. ...
Volume: 50Issue: 51Published at Mon, 17 Dec 2007 -
Sonatrach And Gaz De France Extend LNG Contracts To 2019
...eld development plan to the Algerian authorities during the summer of 2007 and production is due to start up in late 2011 (MEES, 7 May, 26 February). Khelil: Long-Term Gas Contracts May Be Scrapped Algerian Minister of Energy and Mines Chakib Khelil was quoted on 3 December by state news agency AP...
Volume: 50Issue: 50Published at Mon, 10 Dec 2007