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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 -
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 -
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 -
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 -
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 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 -
Egypt Allocates $3.36Bn For Electricity Sector In 2011-12
...nstruction of other solar energy plants, starting with a 100mw plant at Kom Ombo. He also said that a technical advisory agreement for a 250mw wind farm has been signed to be set up on a build-own-operate basis by 2014. ...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Kuwait Launches Tender For Al-Zour North Power Plant
...rth will have capacity to generate 1.5gw of electricity and produce 100mn gallons/day of desalinated water and will be fuelled by natural gas and/or fuel oil (MEES, 21 September 2009). Kuwait plans to spend KD7.5bn ($27bn) through 2014 to develop its water and power infrastructure, Reuters re...
Volume: 54Issue: 14Published at Mon, 04 Apr 2011 -
Alstom Awarded €170Mn Contract For Al-Zour Power Plant Expansion
...e French company announced on 28 March. The steam-tail will add 400mw to the plant’s existing 800mw generating capacity, increasing its efficiency and cutting emissions per megawatt produced. Al Ghanim contracted Alstom to complete the new plant by 2014. According to the statement, the contract fo...
Volume: 54Issue: 14Published at Mon, 04 Apr 2011 -
Uncertainty Is Set To Continue, Says Crédit Agricole
...yal decrees which included numerous handouts, as well as socio-economic support programs. The measures – ranging from the injection of capital into the kingdom’s healthcare services and real estate fund, to the building of around 1mn new housing units by the end of 2014 (MEES, 28 March) – are ex...
Volume: 54Issue: 14Published at Mon, 04 Apr 2011 -
KNOC Expands Upstream Presence in Kazakhstan
...mpany Sumbe from China’s Sinochem for $335mn. Sumbe operates two fields in western Kazakhstan with an expected output of 20,000 b/d up to 2014....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
BP CEO Meets New Egyptian Leadership To Discuss Investment
...rket. The BP statement said the first phase will recover an estimated 5 tcf of gas and associated condensate through a subsea development of five offshore fields linked to a new purpose-built onshore gas plant on Egypt’s Mediterranean coast, with first gas expected in late 2014. Last November, BP an...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
PDO To Prequalify Companies Shortly For $250Mn Lekhwair Gas Plant Construction
...port facilities, condensate export pipelines and a liquid surge tank. The gas plant is expected to start operating by late 2014. Over 20 companies reportedly expressed interest in the engineering, procurement and construction (EPC) contract. The tender for the project was sent out in December....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Saudi Arabia Intensifies Efforts To Meet Soaring Housing Demand, BSF Says
...yadh at 325,000 units. These two regions alone are seen to account for just over 55% of new demand during the five-year period 2010-14. Under the terms of its 2010-2014 Ninth Development Plan, the government is aiming to add around 1mn units to the market by the end of 2014, still falling around 25...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Shoaibi Group Forms Gas Treatment Joint Venture With Prosernat
...r field gas separation, oil desalting and gas treatment facilities. “Natural gas production is on the rise in Saudi Arabia and is expected to increase by 40% in the next four years to 4.5bn cfd in 2014,” said Khalid al-Shoaibi, Shoaibi Group Director and PNSA Chairman....
Volume: 54Issue: 13Published at Mon, 28 Mar 2011