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Oman Gas Sector Set For Leap Forward In 2024
...Oman’s gas renaissance continues apace, with both Shell and TotalEnergies set to advance key projects in 2024. The key near-term limiting factor is not upstream potential but outlets for new production, Shell’s country chief tells MEES. Until 2017 the outlook for Oman’s gas sector was wo...
Volume: 66Issue: 51/52Published at Fri, 22 Dec 2023 -
Iran Plans Major Gas Storage Expansion To Face Winter Shortages
...a pipeline to consumers. In addition to meeting local demand in the high season, the gas storage facilities were envisioned to reduce reliance on imports from Turkmenistan, which peaked at around 9.3bcm in 2017. GAS GIANT WITH PUNY STORAGE Iran boasts the world’s second largest proven gas re...
Volume: 66Issue: 49Published at Fri, 08 Dec 2023 -
Egypt Looks To Kickstart WestMed Exploration With Seismic Surge
...fine their exploration strategies,” PGS says. Cairo previously commissioned PGS to shoot 2D seismic right across the Herodotus Basin in 2017-18 (MEES, 25 January 2019), before choosing to only offer up blocks comprising the nearer-shore portion of the Basin in subsequent drilling. BP DE...
Volume: 66Issue: 48Published at Fri, 01 Dec 2023 -
Zubair To Add 200,000 B/D Surface Capacity By End-2024
...commissioning, and it is now unclear if it will replace or supplement the existing facility. The previous addition to Zubair’s degassing capacity came in 2017 when Samsung Engineering delivered the 200,000 b/d Hammar-Mishrif station. ...
Volume: 66Issue: 47Published at Fri, 24 Nov 2023 -
Inpex To Sell Eridu Stake To Lukoil
...eviously offered to Chevron in 2021 under the now-defunct “Nasiriya District” project (MEES, 15 October 2021). Lukoil’s move might be well calculated given that Block 10’s appraisal program saw 797km2 of 3D seismic and 5,561 km of 2D seismic conducted in the area. When discovered in 2017, Eridu was es...
Volume: 66Issue: 47Published at Fri, 24 Nov 2023 -
Oxy’s Oman Strategy Struggles To Hit Its Stride
...ock 9 for gas lift and sale.” However, any gains from this work have evidently been more than offset by declines elsewhere. Oxy still holds three blocks it is exploring which could make the difference. The company picked up Block 51 under Oman’s 2017 bid round (MEES, 21 December 2018). Oxy last year fl...
Volume: 66Issue: 46Published at Fri, 17 Nov 2023 -
Crescent Activates Iraq Contracts, Targets 250mn cfd In 18 Months
...wer Plant through a 24 inch pipeline.” The executive adds that supplying the 1GW gas-fired facility was agreed with state firm Midlands Oil Company, “with a focus on delivering much needed gas for power generation.” The 700MW plant built in 2017 houses four 180MW GE GT13E2 gas turbines, and was bu...
Volume: 66Issue: 42Published at Fri, 20 Oct 2023 -
Eni Spuds Key Morocco Wildcat
...ast (see map). MOROCCO GAS EXPLORATION & INFRASTRUCTURE Though the well, spudded by the Topaz Driller jackup in 100ms water depth, is the first since the block was awarded to Eni in 2017, both Portugal’s Galp and UK independent Cairn drilled nearby wells la...
Volume: 66Issue: 37Published at Fri, 15 Sep 2023 -
Sonatrach Cuts Flaring As New Processing Plant Starts Up
...ripheral fields is perhaps 300,000 b/d. Plans to bolster output have taken two forms: the tie-in of peripheral fields, and increased use of advanced recovery. HGA ticks both boxes. The plant, delivered by India’s Dodsal under a $1.08bn 2017 EPC contract, processes output from several satellite fi...
Volume: 66Issue: 37Published at Fri, 15 Sep 2023 -
RAK Strikes Gas At Block 5
...ocessed volumes from Saleh. Khor Khwair has also previously processed gas from Oman’s nearby Bukha and West Bukha fields, until the sultanate commissioned its Musandam gas processing plant in 2017. Khor Khwair has also processed volumes from the nearby Umm al-Quwain gas field, where Norwell Engineering la...
Volume: 66Issue: 36Published at Fri, 08 Sep 2023 -
Kuwait Steps Up Offshore Exploration With Arrival Of Second Drilling Rig
...ploration work was a 3D seismic survey of the Kuwait Bay area which was completed in 2017. RETURN OF THE RIGS It is notable that the Oriental Phoenix’s first well was drilled on the eastern flank of Kuwaiti waters close to the undemarkated border with Iran. For one thing, this location is di...
Volume: 66Issue: 35Published at Fri, 01 Sep 2023 -
Oman LNG Close To Sold Out With New OQ & Shell Sales Deals
...tlook for Oman’s LNG exports was in doubt amid rising domestic gas demand and an uncertain production outlook. The 2017 startup of the Khazzan tight gas development changed all this, with capacity from Khazzan and the second-phase Ghazeer now standing at 2bn cfd. The successful project encouraged IOCs to...
Volume: 66Issue: 35Published at Fri, 01 Sep 2023 -
Saudi Aramco Gas Output Leaps In Q2
...elds) and the more modest 75mn cfd Midyan plant in 2017. In order to be better able to meet domestic demand during peak periods, Aramco has also commissioned the Hawiyah Unayzah Gas Reservoir Storage facility. Aramco injects gas into the facility during low-demand periods, and once fully operational it...
Volume: 66Issue: 32Published at Fri, 11 Aug 2023 -
Egypt Braces For Prolonged Power Cuts
...ypt’s Electricity Ministry. Fuel oil imports though increased before that, rising to 237,000 tons (1.57mn barrels) for the week beginning 17 July, the highest in Kpler data going back to 2017. This coincided with the beginning of the power cuts. Last year Egypt ramped-up fuel oil burn, as it ma...
Volume: 66Issue: 31Published at Fri, 04 Aug 2023 -
Egypt Gas Output Continues Decline As Minister Eyes Exploration Surge
...ought online in mid-2024 although MEES understands this will only offset natural declines from the project’s remaining gas fields, with output expected to remain at around 200mn cfd. BP’s WND has also been beset with issues since its Phase-1 Libra and Taurus fields started up in 2017, with both th...
Volume: 66Issue: 28Published at Fri, 14 Jul 2023 -
Kuwait Banks On Burgan Boost To Hit 3.2mn B/D
...test target is a downgrade from late-2021’s ambition of hitting 3.5mn b/d by 2025 (MEES, 29 October 2021). The bulk of Kuwait’s crude oil capacity comes from Kuwait Oil Company’s (KOC) operations. KOC capacity peaked at 3.15mn b/d in 2017/18, but slumped to just 2.629mn b/d by 2020/21 (MEES, 22 Oc...
Volume: 66Issue: 27Published at Fri, 07 Jul 2023 -
Oman Gas Reserves Upped 7% To 24tcf
...an’s 54,000 b/d Block 5 (MEES, 21 January). RECORD BREAKING GAS OUTPUT The latest reserves figure is only slightly below the record 25 TCF figure recorded for 2018 following discovery of BP’s giant Khazzan field on Block 61. Khazzan, which started up in 2017, is the centerpiece of Oman’s ga...
Volume: 66Issue: 27Published at Fri, 07 Jul 2023 -
Kurdistan’s Khor Mor Gas Expansion Back On Track
...8mn), up from $59mn in the same period last year (see chart 2). This is by far the biggest figure since 2Q 2017’s $707mn, following which an agreement was reached with the KRG in August 2021 to write them off in return for a cash payment and the licenses to two additional exploration blocks (MEES, 1 Se...
Volume: 66Issue: 20Published at Fri, 19 May 2023 -
Kuwait Targets 2030 For Delivery Of $19bn In Megaprojects
...rth Kuwait, mostly from the Raudhatain and Sabriya fields (see map, p3), had hit 600,000 b/d by end 2022, up 37,000 b/d on the 563,000 b/d figure at the end of 2020-21 but still below 2019-20’s 635,000 b/d and the 2017-18 peak of 760,000 b/d. 2022’s gains may well be thanks to the ramp-up of op...
Volume: 66Issue: 19Published at Fri, 12 May 2023 -
Shell & BP Advance Egypt Drilling As Chevron & Exxon Make Deepwater Splash
...igocene finds in Egypt’s Mediterranean include Eni’s Temsah, where output peaked at 1bn cfd in 2012 but has singe fallen to negligible levels with decommissioning work ongoing. The Miocene, meanwhile, offered up BP’s Atoll field, which came online in late 2017 and produces around 400mn cfd. Shell and pa...
Volume: 66Issue: 19Published at Fri, 12 May 2023