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MENA Solar Power Progressing In Small Steps
...scheduled for completion by 2014. Masdar has also developed three CSP plants in Spain, one of 20mw capacity and two of 50mw. Morocco is an early pace-setter in MENA solar, having committed to build the first of a number of plants intended to provide 2.0gw of power by 2020. The Mo...
Volume: 55Issue: 45Published at Fri, 02 Nov 2012 -
Banks Hold Road Show For TAQA $2Bn Loan
...mpany Energie Beheer Nederland (EBN) holding the remaining 40%. The partners are expecting to invest upwards of $1bn in the project which will start up in April 2014, and reach full capacity in April 2015. Jan Willem van Hoogstraten, managing director of TAQA’s Dutch branch said capacity co...
Volume: 55Issue: 45Published at Fri, 02 Nov 2012 -
South Sudan Orders Oil Production Restart
...vernments to raise output. The IEA said last week it expected Sudan to produce 70,000 b/d on average this year, which should jump to 90,000 b/d in 2014, before dipping to 60,000 b/d in 2017. “Sudan and South Sudan are expected to rebound to a combined 360,000 b/d by 2015, though still 10...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Qatar Faces LNG Market Challenges
...e Sabine Pass project, and the next project that is likely to go ahead probably won’t read final investment decision (FID) until 2Q13, or even 2014; putting them in the 2017-18 time frame,” Mr Flower says. But if Japan starts importing US LNG at Henry Hub prices, some feel this may re...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Middle East Refinery Capacity To Surge, Says IEA
...ddle East refining expansion will include 400,000 b/d capacity projects in Saudi Arabia and the UAE – due on stream in 2013, 2014 and 2015 – and smaller expansions in Qatar, Iraq, Iran and Oman. Ambitious expansion plans in Kuwait, Bahrain, Oman, the UAE, Iraq and Iran are excluded from the forecast as fi...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Iraq Wakes Up From Power Shortage Nightmare
...ld a dominant position in Iraq’s Kurdish north (MEES, 28 September). In addition to the 500mw Najibiya power plant due on stream in 2014, and a 126mw facility specifically for the Lukoil-led West Qurna-2 oil field development, Turkish firm Enka is converting the 1,000mw Single Cycle Irbil power plant in...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Aramco To Spend $35bn On Stabilizing Oil Capacity
...0,000 b/d by 2014. Manifa will help stabilize Saudi capacity by offsetting declines from mature fields. Saudi Aramco is also eyeing CO2 enhanced oil recovery. It is building a new CO2 capture facility and transport system, which will compress and dry CO2 from the Hawiyah NGL Recovery Plant, send it to...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
IEA Predicts Bleaker Days Ahead For OPEC
...e world’s largest economy,” the report projected. And in oil demand terms non-OECD should eclipse the OECD by 2014, the MTOMR revealed. Rising North American production will lessen the need for imports, leading to an actual reduction of inter-regional crude trade by some 1.6mn b/d to 32...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
Tamar Partners To Supply Dorad Energy With Gas
...fshore infrastructure in order to meet contracted supplies. But as some buyers will not be ready to receive gas until the end of 2014 or later, the Tamar partners are expected to be able to juggle deliveries. However, an offshore LNG regasification facility supplied by Excelerate of the US is due to come in...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
Luberef Lines Up Samsung For Expansion Project
...it (doubling capacity to 12,500 b/d) and vacuum distillation unit (increasing throughput capacity from 26,000 b/d to 39,000 b/d). He said that engineering work under the EPC contract is scheduled to be completed in March 2014. Procurement is scheduled to take place from December 2012 to July 2014. Co...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
Wärtsilä-Led Group To Build Jordan Power Plant
...able a switch to natural gas “once the infrastructure for natural gas supply is in place.” The plant will be built at al-Manakher, 30km outside ‘Amman. It will be developed in three phases, with the first scheduled to come on-line in February 2014 and the entire plant to be operational by Se...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
ENPPI Upbeat On Ethydco Ethylene Project
...EGYPT ENPPI Upbeat On Ethydco Ethylene Project The Egyptian Ethylene and Derivatives Company (Ethydco) ethylene project will be completed in 2014 at a cost of $1.2bn, according to Engineering for the Petroleum and Process Industries (ENPPI) Chairman and CEO ‘Abd al-Nasir Sa...
Volume: 55Issue: 42Published at Fri, 12 Oct 2012 -
Marafiq Extends Jacobs’ Project Management Contract
...C contract – reportedly worth $1.05bn – was awarded in early 2011 to South Korea’s Hanwha Engineering and Construction. Construction work began in March 2011 and project start-up is expected in 2014. The Yanbu’ 2 power plant will mainly run on heavy fuel oil, although it will also be able to use Ar...
Volume: 55Issue: 41Published at Fri, 05 Oct 2012 -
Foreign Investors Look For Streamlined Algerian Oil Bureaucracy As Shell Exits
...r 2016 – revised back from 2014 earlier this year. But potentially Total’s biggest Algerian project is the 4bcm/y Ahnet tight gas development, also in Algeria’s deep southwest. A “technical” development plan filed in July 2011 still awaits approval. The delays are largely due to a st...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Thailand’s PTT, PetroVietnam and China’s CNOOC Expand In Algeria
...art-up at 20,000 b/d in the first half of 2014 before ramping up to 36,000-40,000 b/d plateau volumes of 44°API crude from 2016. PetroVietnam has 40% and is operator, PTT has 35% and Sonatrach 25%. Development now appears to be going smoothly – 2012 has seen progress on the drilling of 16...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Saudi Aramco Progressing Strategic Downstream Projects
...dustrial City II, with completion scheduled for 2014. While the value of the contract and the capacity of the plant were not disclosed, JGC did say that the aromatics unit will be one of the key upstream manufacturing units in the Sadara complex. Sadara’s 26 manufacturing units will produce a wide range of pe...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
East Asian Firms Come Of Age In Middle East With Iraq Investment Drive
...ed another pipeline. Mega-projects at Rumaila, Zubair, and West Qurna-1 are also ramping up, and at the end of 2013 a 200,000 b/d phase 1 of the Lukoil-led West Qurna-2 will begin to start up. Potentially, West Qurna-2 could rise steadily through 2014 to hit 400,000 b/d – the field capacity will be th...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
AES Jordan Secures OPIC Funding For New Power Plant
...080 7.5 18,733 7.8 2014 3,317 7.7 20,231 8.0 2015 3,...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Morocco Awards 160MW Solar Project To ACWA
...0mw concentrated solar power (CSP) plant at Ouarzazate. Masen President Mustafa Bakkoury said that work on the project is scheduled to begin before year-end with a view to start-up by the end of 2014. He estimated the total investment requirement for the project at $1bn. He said that AC...
Volume: 55Issue: 40Published at Fri, 28 Sep 2012 -
Iraqi Electricity Industry Poised For 20,000MW Lift-Off
...nus Already Allocated + Mega Deal 2012-2017 $Bn 2012 2013 2014 2015 2016 2017 4....
Volume: 55Issue: 39Published at Fri, 21 Sep 2012