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Oman: Tethys Flops In Block 58
...16 December. Output is in decline at Tethys’ only producing asset, Blocks 3&4 (CCED 50%op, Tethys 30%, Mitsui E&P 20%) where production has averaged 26,000 b/d so far this year, down 35% from its 2017 peak. The firm recently submitted a field development plan for Block 56, though volumes he...
Volume: 67Issue: 50Published at Fri, 13 Dec 2024 -
Tunisia: 200mw Solar Plan
...lls for proposals in the past have met with threadbare success. The first such ‘call for projects’ in 2017 saw four projects totaling 22MW built, including the country’s only 2023 start-up – 10MW at Meknassy – whilst the three subsequent rounds (2018, 2019, 2020) have resulted in a princely 6MW of ca...
Volume: 67Issue: 43Published at Fri, 25 Oct 2024 -
Indian Oil Signs Up To Ruwais LNG
...w Delhi by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, where he met Indian Prime Minister Narendra Modi. During the visit, Adnoc also signed a strategic framework agreement with Indian Strategic Petroleum Reserve Limited to extend its existing oil storage agreement. In 2017, Adnoc signed an...
Volume: 67Issue: 37Published at Fri, 13 Sep 2024 -
Oman: Sohar Refinery Back Online
...at predate the plant’s expansion in 2017 (MEES, 17 February). Due to the outage, OQ was forced to sell 1mn barrels of crude on a prompt tender to load at the end of the month, according to Reuters (MEES, 9 August). A trading source says that the impact was limited and only affected gasoline ex...
Volume: 67Issue: 34Published at Fri, 23 Aug 2024 -
Oman: Sohar CDU Down
...vernment data. Capacity at the refinery expanded in 2017 from 116,000 b/d to 197,000 b/d with mechanical completion of a second crude distillation unit, a new vacuum distillation unit, and kerosene Merox units (MEES, 17 February 2017). It is unclear how long the outage will last, but lengthy do...
Volume: 67Issue: 32Published at Fri, 09 Aug 2024 -
Algeria Adds Power Capacity
...rea had previously indicated 2025 completion for the project (MEES, 7 January 2021). When awarded in 2014 the target for completion was 2017....
Volume: 67Issue: 28Published at Fri, 12 Jul 2024 -
Kuwait Eyes 110kbd At Bahra
...23-24 financial year on 31 March. However, current output is much more modest at 45,000 b/d, perhaps due to Opec+ output constraints (see p10). Bahra, where Kuwait’s first oil well was drilled in 1936, is a mature field producing mainly from the Mauddud formation. Halliburton was brought in 2017 to...
Volume: 67Issue: 10Published at Fri, 08 Mar 2024