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Abu Dhabi Continues Uncertainty Over 1.4Mn B/D Concession
...isting partners in its existing consortium, whose concession is due to expire in January 2014, or seek new players. It also heated speculation about Asian companies’ future role in the emirate by signing a deal with China’s CNPC to award it new blocks, writes Nick Wilson. State-owned Abu Dhabi Na...
Volume: 55Issue: 04Published at Mon, 23 Jan 2012 -
Saudi Aramco/Sinopec Refinery Deal Highlights Growing Sino-Saudi Energy Axis
...yadh airport by the head of Saudi intelligence, Prince Muqrin bin ΄Abd al-Aziz, signaling security concerns were a major subject of discussion. YASREF is scheduled to come on stream in late 2014, Saudi Aramco said. It will produce “90,000 b/d of gasoline, 263,000 b/d of ultra-low-sulfur diesel, al...
Volume: 55Issue: 04Published at Mon, 23 Jan 2012 -
South Pars Reservoir Faces Challenges
...d Venezuela’s PDVSA (10%), which are providing $1bn. POGC says the project is 71% completed offshore and 27% onshore and first production will start in 2012. It is unlikely, however, that the contractor will be able to complete the onshore facilities before 2014. In anticipation of gas being pr...
Volume: 55Issue: 03Published at Mon, 16 Jan 2012 -
Tamar Partners Sign Gas Sales Contracts
...ars if all volumes provided for in the agreement have not been consumed. Supply is expected to begin during the second half of 2014. The Tamar partners on 9 December signed 16-year supply agreements with Ramat Negev Energy and Ashdod Energy, both of which are owned 58% by Edeltech and 42% by Zo...
Volume: 55Issue: 03Published at Mon, 16 Jan 2012 -
Noble To Resume Work On Leviathan-1 Well In Search Of Crude
...2bn and with deliveries scheduled to begin in 2014. GGR Plans Myra And Sarah Wells To Start Late February GeoGlobal Resources has confirmed to MEES that drilling will begin in Israel’s offshore Myra Block in late February using the Homer Ferrington rig. GGR will be targeting a gas prospect in th...
Volume: 55Issue: 03Published at Mon, 16 Jan 2012 -
IMF Says Oman’s Economy Grew By 5.5% In 2011
...10 2011 2012 2013 2014 Proj 2015 2016 Oil and Gas Se...
Volume: 55Issue: 01/02Published at Mon, 09 Jan 2012 -
Qatari Economic Growth To Slow In 2012, IMF Warns
...eld projects until 2014, while substantial investment in infrastructure, coupled with increased levels of production in the country’s manufacturing sector is projected to boost growth in the country’s real non-hydrocarbon GDP to 9%. Consequently, the IMF went on to suggest that the medium term outlook fo...
Volume: 55Issue: 01/02Published at Mon, 09 Jan 2012