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Iraq’s New PM Acts To Root Out Corruption
...e third phase of production to take capacity to a plateau of 400,000 b/d by 2017 as per the amended TSC. The work will include a third production unit including four oil/gas separation plants, four storage tanks and water treatment facilities. PetroChina’s partners in the Halfaya development are Pe...
Volume: 57Issue: 42Published at Fri, 17 Oct 2014 -
Jazan Development: Saudi Aramco Sprints To The Rescue
...nopec 400 Jazan (2017) 100 400 End-2017 Domestic 3,305 Port Arthur, US 50...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Iraq Deploys Drones To Protect Southern Fields
...itial rate of 15,000 b/d, rising to 60,000 b/d shortly after that. The field will reach peak production of 170,000 b/d by 2017. ...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Force Majeure A Reminder Of Risks For Energy Producers In Egypt
...vernment in December announced it would pay back $1.5bn of the roughly $6bn it owed international oil companies (IOCs) in unpaid receipts, vowing to repay a further $3bn in instalments by 2017. It has also pledged to improve the terms for offshore gas developments. In the final days of 2013, state-ow...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Egypt: Sisi In The Wings As Arab Spring Challenges Remain Center Stage
...s able to pay back $1.5bn of its debts to IOCs late last year, with the promise to pay a further $3bn in instalment by 2017. The prospect of higher remuneration for gas produced in high-cost offshore developments has meanwhile reinvigorated interest in Egyptian acreage. Unfortunately for the fu...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014