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Egypt Gas Producers Get Export Boost As Asian LNG Prices Rise
...s field, located in the North Damietta offshore block which also houses Atoll. Qattameya, discovered in 2017 in 108ms water has been tied back 45km to the Ha’py platform and “is expected to produce up to 50mn cfd,” BP says. The UK major is also readying start-up of the Atoll-4 well: it previously fl...
Volume: 63Issue: 44Published at Fri, 30 Oct 2020 -
Israel Offers Exploration Block
...y award will be for an initial three years, with two potential two-year extensions each carrying a one-well drilling commitment. Israel’s previous two bid rounds launched in 2017 and 2018 failed to attract any big names with the most recent awards, finalized late last year, awarding two co...
Volume: 63Issue: 26Published at Fri, 26 Jun 2020 -
Saudi Arabia Prioritizing Downstream Amid Production Curbs
...ll to 13.4% in 2016 after holding steady at around 20% between 2008 and 2013. More worryingly for Riyadh, it was overtaken as top supplier by Russia for the full year. It has regained top spot in the first two months of 2017, with China taking more than 1mn b/d in both months. During the first tw...
Volume: 60Issue: 16Published at Fri, 21 Apr 2017 -
UN Security Council Threatens Oil Sanctions On Sudan
...2 354 2017 134 30 165 329 2018 128 29 157 314 2019 123 28 157 309 20...
Volume: 47Issue: 39Published at Mon, 27 Sep 2004 -
Canada’s Heavy Oil Not A Threat To Middle East Producers, Says FACTS
...udy: “In the reference case, current production of 1mn b/d will rise to 2.2mn b/d by 2017. That is an addition of less than 100,000 b/d per annum. The reference case is based on WTI at $25/B and a natural gas price of $4.25/mn BTU. In the reference case the 1.2mn b/d of increase by 2017 will be di...
Volume: 47Issue: 27Published at Mon, 05 Jul 2004 -
Canada’s Nelson Resources Buys Stake In CNPCI’s North Buzachi Field
...atement said that the current government-approved full field development plan called for production to peak at 40,000 b/d in 2017, but Nelson and CNPCI would attempt to hit that production target by 2009. North Buzachi, which is located some 200km north of the Caspian port city of Aktau and about 18...
Volume: 46Issue: 50Published at Mon, 15 Dec 2003 -
Statoil Enters Algerian Gas Sector Through BP Share Transaction
...7bn, of which Statoil’s share is $540mn. Phase One of the project, involving the development of the Krechba, Reg and Tegentour fields, is 70% complete and gas sales are fully contracted at 9 bcm/y to 2017, Statoil said. The In Amenas project, which is licensed to 2022 with a five year extension op...
Volume: 46Issue: 26Published at Mon, 30 Jun 2003 -
Egypt To Issue Tender For Construction Of Two BOOT Power Plants
...sis through the year 2010 in an effort to meet domestic consumption needs which are rising at a rate of 7-8% per annum. The 15 power plants should raise the country’s generating capacity to 12,750MW by the year 2002, 17,000MW by 2007 and 27,500MW by 2017 (for a survey of Egypt’s power sector, see ME...
Volume: 42Issue: 41Published at Mon, 11 Oct 1999 -
First Gas Flows From Newly Completed Western Desert Gas Development
...om 12 tcf in 1992 to nearly 40 tcf today. Egypt痴 domestic demand is projected to rise from the current level of 1.8bn cfd to nearly 5bn cfd by the year 2017 (MEES, 28 June). In addition to the Western Desert, three big development projects consisting of five fields in the offshore Mediterranean are se...
Volume: 42Issue: 30Published at Mon, 26 Jul 1999 -
Gasco Expanding Egypt’s Gas Grid As Demand Is Projected To Rise To50BCM/Y By 2015
...M/y, about 1.8bn cfd) to 52 BCM/y (5bn cfd) by 2017 (see table below), MEES assistant editor Yasser Elguindi reports from Cairo. Most of this increase will come from the commissioning of additional power plants to satisfy growing demand for electricity, and the replacement of fuel oil by gas in ex...
Volume: 42Issue: 26Published at Mon, 28 Jun 1999 -
Egypt To Develop Discovered Fields and Extend Gas Distribution NetworkIn 1999
...cently established to manage and expand the national grid. Expansion to over 6,000 kms. of pipeline is expected by the year 2017. Most of this increased production will feed additional power generation facilities, and a number of petrochemical projects. The government hopes that the private sector will pa...
Volume: 42Issue: 04Published at Mon, 25 Jan 1999