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Korean Consortium Wins Jordan Nuclear Research Reactor Contract
...er a number of firms from Argentina, China and Russia. Construction will begin later this year near the city of Irbid, 70km north of 'Amman, with the reactor expected to be commissioned within five years and a nuclear power plant built by 2017, according to official news agency Petra. Work will involve th...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Shell Calls For Iraq’s Gas Potential To Be Unlocked
...e AGP was designed to take 10 bcm/y, current volumes are pegged at around 4bcm/y. On the oil side in Iraq, Shell (with Petronas) won the Majnoon field contract. With reserves of 38bn barrels of oil, the contract calls for production capacity to be hiked to 1.8mn b/d by 2017. It is expected to cl...
Volume: 53Issue: 14Published at Mon, 05 Apr 2010 -
ADCO Awards $560Mn Contract For Qusahwira Development
...the expansion are projected for completion by 2017. NPCC will oversee the development of production facilities including central and remote degassing stations, oil producing, water and gas injection wells, and around 350km of pipelines over an estimated period of 33 months. The three-phase ex...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Libya’s Hydrocarbon Revenue Projected At $40Bn In 2010 Budget
...tract foreign direct investment to its retail, construction and financial sectors. Current plans for the oil industry are to boost production capacity to 3mn b/d by 2017, according to Chairman of the National Oil Corporation (NOC) and de facto oil minister Shukri Ghanem (MEES, 14 December 2009). Main Bu...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Shuweihat S3 To Send Out RFP To Developers
...ading. The UAE’s power supply plan includes, from 2017, some large nuclear units, so ADWEA’s projects need to be coordinated with this alternative energy. However, while nuclear power supply is anticipated (see below), ADWEA will still need to continue to implement its own traditional projects. On the S3 pr...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
UAE To Commission First Nuclear Power Plant By 2017
...Middle East Economic Survey VOL. LIII No 10 8-March-2010 UAE UAE To Commission First Nuclear Power Plant By 2017 The UAE will commission its first nuclear power plant by 2017, the country’s Minister of Energy Muhammad al-Hamili said on 2 March. Speaking at a conference in Abu Dh...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Companies Mobilize In Iraq As Critical Elections Loom
...lti-million barrels a day oil capacity expansion to 2017. On 7 March Iraqis go to the polls for nationwide parliamentary elections, but post-election negotiations are likely to mean that a new government will not be in place until mid-June or even later. While there has been opposition to the oil co...
Volume: 53Issue: 09Published at Mon, 01 Mar 2010 -
Algeria’s Southwest Gas Project Awaits Approval Amid Political Turmoil
...anwhile, BP and Statoil are spending over $2bn in a phased project, firstly through compression and then through the development of four southern fields, to maintain capacity at their 9 bcm/y In Saleh project to beyond 2017. Meanwhile, Algerian legal authorities on 14 February extended the term of ju...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Abu Dhabi’s ADCO Targets 1.8Mn B/D Oil Capacity
...CO) for phase one of the Bab field expansion. The announcement follows ADCO’s release of details of its planned crude capacity boost from 1.4mn b/d to 1.8mn b/d by end 2017. In addition to 425,000 b/d of gross scheduled capacity expansion, ADCO sees potential for 250,000 b/d of capacity to be added fr...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
A Tentative Forecast For Iraq’s Oil Production 2010-20
...at three times the present production capacity of 2.5mn b/d and double the highest rate Iraq achieved in 1979. In the Second Licensing Round in December seven more fields (reserves conservatively estimated at 35bn barrels) were awarded. Another 4.8mn b/d of production capacity may be added by 2017...
Volume: 53Issue: 06Published at Mon, 08 Feb 2010 -
Iraq’s TSC And PSC Agreements – A Good Deal For Iraq?
...ans. If oil production grew substantially from 2010 as aggressive development drilling brought new fields online and drained more oil from established fields, Iraq oil and gas production could be increased by 45-150% in four-five years. Iraqi oil production is expected to peak in 2017 at 2.325mn b/d (Ib...
Volume: 53Issue: 03Published at Mon, 18 Jan 2010 -
Korean Consortium Wins UAE Nuclear Energy Contract
...ur civil nuclear power plants in Abu Dhabi. The first of the four units, each with capacity of 1.4gw, is expected to begin providing electricity to the grid by 2017, with the others to be completed by 2020. Construction is scheduled to commence in 2012. The consortium also includes Hyundai, Sa...
Volume: 53Issue: 01Published at Mon, 04 Jan 2010 -
UAE Nuclear Energy Body Formally Established
...can develop this technology safely and efficiently, and begin producing electricity for the homes, businesses and people of the UAE in 2017.” The government expects electricity demand to double by 2020. The organization will be regulated by the independent safety body, the Federal Authority fo...
Volume: 53Issue: 01Published at Mon, 04 Jan 2010