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Yemen Expedites Exploration Activity As Decline In Oil Production Continues
...d plans to drill 20-40 wells annually. During 2005 Nexen plans to invest $70mn to drill at least 20 wells and test deeper horizons where there has been recent success. It has the right to produce oil in Masila until 2011 and to negotiate a five-year extension. Nexen also has a controlling (87.5%) st...
Volume: 48Issue: 41Published at Mon, 10 Oct 2005 -
Future Of Sudan’s Oil Sector Remains Uncertain Despite Political Progress
...ar al-Bashir, ending the pre-interim period agreed in January’s peace deal, and beginning the six-year interim period which is intended to end in 2011 with a referendum in the south on self-determination. On 19 July, Dr Garang dissolved the administrative structures in the south ahead of the fo...
Volume: 48Issue: 31Published at Mon, 01 Aug 2005 -
Gulf States Invest In Green Petroleum Products
...erations in Qatar. Shell’s Pearl project aims to produce 70,000 b/d of clean GTL distillates by 2009, doubling in size later, while ExxonMobil has signed a preliminary accord for a plant to produce 154,000 b/d starting in 2011. GTL “is a technology for the future,” Alex Forbes, the editor of a sp...
Volume: 48Issue: 31Published at Mon, 01 Aug 2005 -
Qatar Cautious On GTL Development Timings As EPC Costs Soar 40-50%
...d. An EPC is scheduled to be awarded in 2Q 2007 with commercial start-up set for 1Q 2011....
Volume: 48Issue: 21Published at Mon, 23 May 2005