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Algeria Upstream OG Report.Pub
ALGERIA UPSTREAM OIL & GAS REPORT Completed by: M. Smith, Sr. Commercial Officer, K. Achab, Sr. Commercial Specialist, and B. Olinger, Research Assistant Introduction Regulatory Environment Current Market Trends Technical Barriers to Trade and More Competitive Landscape Upcoming Events Best Prospects for U.S. Exporters Industry Resources Introduction Oil and gas have long been the backbone of the Algerian economy thanks to its vast oil and gas reserves, favorable geology, and new opportunities for both conventional and unconventional discovery/production. Unfortunately, the collapse in oil prices beginning in 2014 and the transition to spot market pricing for natural gas over the last three years revealed the weaknesses of this economic model. Because Algeria has not meaningfully diversified its economy since 2014, oil and gas production is even more essential than ever before to the government’s revenue base and political stability. Today’s conjoined global health and economic crises, coupled with persistent declining production levels, have therefore placed Algeria’s oil and gas industry, and the country, at a critical juncture where it requires ample foreign investment and effective technology transfer. One path to the future includes undertaking new oil and gas projects in partnership with international companies (large and small) to revitalize production. The other path, marked by inertia and institutional resistance to change, leads to oil and gas production levels in ten years that will be half of today's production levels. After two decades of autocracy, Algeria’s recent passage of a New Hydrocarbons Law seems to indicate that the country may choose the path of partnership by profoundly changing its tax and investment laws in the hydrocarbons sector to re-attract international oil companies. -
Energy Colonialism: the Eu's Gas Grab in Algeria
ENERGY COLONIALISM: THE EU’S GAS GRAB IN ALGERIA IN DEPTH: The role of the Spanish State and Catalonia in gas relations with Algeria ENERGY COLONIALISM: THE EU’S GAS GRAB IN ALGERIA IN DEPTH: The role of the Spanish State and Catalonia in gas relations with Algeria Published by: the Observatory on Debt and Globalisation (ODG) Authors: Hamza Hamouchene and Alfons Pérez Translation from Spanish: Kate Wilson ([email protected]) Design: Toni Sánchez Poy (fl[email protected]) Place and date of publication: Barcelona, September 2016 Contact: [email protected] Cover photo: BBOY Lee With the support of: This publication has been produced with the financial assistance of the European Union. The content of this publication is the sole responsibility of the Observatori del Deute en la Globalització and can under no circumstances be regarded as reflecting the position of the European Union. ENERGY COLONIALISM: THE EU’S GAS GRAB IN ALGERIA 4 Contents Executive Summary ........................................................................................................ 6 1) EU collusion with a corrupt and authoritarian regime ................................................... 7 a) Algeria’s Fossil Fuel Potential ............................................................................................................................. 7 i) Gas in Algeria ..................................................................................................................................................... 7 ii) Liquefied natural gas (LNG) plants -
Contributing to the Oil and Gas Industry in Abu Dhabi
INDEX 01 PARTEX OIL AND GAS: AN OLD PARTNER OF ADNOC IN ABU DHABI WITH A LONG TERM VISION 3 A HISTORY OF SUCCESS WE ARE PROUD OF 5 A LEGACY THAT NEEDS TO BE PRESERVED 5 02 PARTEX IN ABU DHABI 7 HISTORY OF A PARTNERSHIP 9 PARTEX IDENTITY 9 CULTURAL AND EDUCATIONAL INICIATIVES 10 03 PARTEX COMMITMENT TO ABU DHABI OIL AND GAS OPERATIONS 13 TECHNICAL SUPPORT TO OPERATIONS 15 OUR COMMITMENT IN TERMS OF SECONDMENT 15 CONTRIBUTION TO TRAINING 17 04 SHARING OF TECHNOLOGY 19 PARTEX CONTRIBUTION FOR RESERVOIR MANAGEMENT, FIELD DEVELOPMENT PLANNING AND R&D PROJECTS 20 PARTEX BID ON ADVANCED TECHNOLOGY IN CHALLENGING AREAS 22 PARTEX MAIN STUDIES AND PROJECTS IN ABU DHABI 24 KNOWLEDGE TRANSFER FROM OTHER AREAS OF THE WORLD 26 05 PARTEX COMMITMENT TO KNOWLEDGE DEVELOPMENT IN ABU DHABI 29 CONTRIBUTION TO THE PETROLEUM INSTITUTE 30 PARTEX TECHNOLOGY AND R&D ACTIVITIES 31 PARTEX TECHNICAL PUBLICATIONS 32 ABU DHABI PETROLEUM EXHIBITION AND CONFERENCE (ADIPEC) 33 06 PARTEX LONG TERM VISION FOR ABU DHABI OIL AND GAS 35 GASCO CONCESSION RENEWAL 36 ADCO CONCESSION CHALLENGES A VENTURE IN UNITY 38 Onshore oil concession awarded to Petroleum Development (Trucial Coast) Ltd. First commercial oil discovery - Bab field. 1962 Second commercial oil discovery - Bu Hasa field. / 2 PARTEX OIL AND GAS: AN OLD PARTNER OF ADNOC IN ABU DHABI WITH A LONG TERM VISION / 3 PARTEX OIL AND GAS: AN OLD PARTNER OF ADNOC IN ABU DHABI WITH A LONG TERM VISION / 4 75 YEARS A HISTORY OF SUCCESS WE ARE PROUD OF Celebrating the 75 years of active involvement of Partex in the Abu Dhabi oil and gas industry, this document aims to recall the history of a very successful partnership, covering a wide range of technical contribution and support, including the secondment of highly skilled staff to the Abu Dhabi operating companies, in which Partex has participating interests, ADCO and GASCO. -
Prices and Crisis – LNG and Australia's East Coast Gas Market
March 2018 Prices and crisis: LNG and Australia’s East Coast gas market Introduction In 2017, a gas crisis emerged in Australia’s East Coast gas market. Gas prices had increased rapidly from mid-2016 as the full effect of the three LNG projects starting operations on Curtis Island worked through the gas market, putting domestic energy users under pressure. In March 2017, the Australian Energy Market Operator (AEMO) forecast gas shortages in coming years, potentially leading to blackouts and industrial closures. While gas shortages are no longer forecast, challenges in the East Coast gas market remain. This paper examines recent events in Australia’s East Coast gas market, the challenges ahead, and the relevance of these developments for other countries.1 The paper identifies three phases in the East Coast gas market’s recent history. Firstly, between 2010 and mid-2016, prices in the East Coast gas market rose gradually, driven by LNG netbacks and the rising cost of gas production. Then, between mid-2016 and mid-2017, prices climbed above export parity levels, as gas that was previously being supplied to domestic consumers (both by LNG projects and by other producers) was diverted for export, leading to a deterioration in competition in the domestic market. Finally, as of mid-2017, prices appear to have stabilised around export parity levels,2 with LNG projects and other producers increasing gas sales to the domestic market. The episode of high prices during much of 2016 and 2017 highlights the impact that LNG projects can have on domestic gas prices on Australia’s East Coast. -
Changing LNG Market Dynamics – Implications on Supply Security in the APEC Region
Changing LNG Market Dynamics – Implications on Supply Security in the APEC Region APEC Oil and Gas Security Studies | Series 17 APEC Energy Working Group September 2020 APEC Project: EWG 01 2020S Produced by Asia Pacific Energy Research Centre (APERC) Institute of Energy Economics, Japan Inui Building, Kachidoki 11F, 1-13-1 Kachidoki Chuo-ku, Tokyo 104-0054 Japan Tel: (813) 5144-8551 Fax: (813) 5144-8555 E-mail: [email protected] (administration) Website: http://aperc.or.jp/ For Asia-Pacific Economic Cooperation Secretariat 35 Heng Mui Keng Terrace Singapore 119616 Tel: (65) 68919 600 Fax: (65) 68919 690 Email: [email protected] Website: www.apec.org © 2020 APEC Secretariat APEC#220-RE-01.9 ISBN: 978-981-14-7794-2 OGSS Series 17 Changing LNG Market Dynamics – Implications on Supply Security in the APEC Region 3 | P a g e TABLE OF CONTENTS Table of Contents .......................................................................................................................... 3 Foreword ....................................................................................................................................... 6 Acknowledgements ....................................................................................................................... 7 Project coordinators .................................................................................................................. 7 Authors ...................................................................................................................................... 7 Editors -
The Dubai Initiative
The Dubai Initiative Working Paper Securing the Peace: The Battle over Ethnicity and Energy in Modern Iraq Justin Dargin Securing the Peace: The Battle over Ethnicity and Energy in Modern Iraq Dubai Initiative – Working Paper Justin Dargin Research Fellow, The Dubai Initiative Better Center for Science and International Affairs Harvard University June 2009 SeCURIng THe Peace: THe Battle oveR eTHnICITy AnD eneRgy In MoDeRn IRAq | 1 “There is something very sinister to my mind in this Mesopotamian entanglement.” Winston Churchill letter to Prime Minister David Lloyd George, August 1920 I. Introduction This article examines the legal and political impediments to the Kurd- ish Regional Government’s (KRG) exploration and production contracts, which the central government in Baghdad has refused to recognize. The newly estab- lished Iraqi national constitution significantly opened as many petroleum-control questions as it resolved. Negotiated in 2005, the constitution not only separated branches of government, but established Federalism as its lodestar. When faced with unresolved issues over regional and national control over petroleum resourc- es, however, International Oil Companies (IOCs) function in an ambiguous legal environment that fails to clearly distinguish between federal and regional powers Article 112(1) of the constitution grants the central government a condi- tional right to “…undertake management of oil and gas extracted from present oil and gas fields…” (emphasis mine). Reflective of Iraq’s commitment to federalism, the right to manage oil fields is shared by the central government, the produc- ing governorates and the regional governments. Article 112(1) could, therefore, be construed to mean that the central government has no right to exercise authority over nonproducing fields and future fields: rights that are not explicitly granted to the federal government may be held as residual rights by the regional authori- ties. -
Glasspoint Comments LCFS Comment Letter 2-17-15 V1
Clerk of the Board February 17, 2015 California Air Resources Board 1001 I Street Sacramento, CA 95814 Via electronic submittal to: http://www.arb.ca.gov/lispub/comm/bclist.php Re: Notice of Public Hearing to Consider a Low Carbon Fuel Standard (LCFS) GlassPoint Solar Inc. (GlassPoint) appreciates and supports ARB’s efforts to readopt the Low Carbon Fuel Standard (LCFS) to create a workable regulatory framework. We are pleased to provide these comments on the December 30, 2014 LCFS regulatory adoption package. The proposed regulation is the result of a cooperative rulemaking process that GlassPoint believes has made the regulation better, and specifically the Innovative Crude Provisions. We look forward to the conclusion of the rulemaking in an expeditious manner as possible. GlassPoint is ready to build new low-carbon projects once regulatory standards are set. GlassPoint is a California company that manufactures solar steam generators for thermal enhanced oil recovery (EOR). Our renewable energy technology has proven reliable, safe and economical in field operations in California and the Middle East. We were pleased to be selected by the U.S. State Department as one of nine finalists for the Secretary of State’s prestigious 2014 Award for Corporate Excellence (ACE) for our technology and corporate behavior. Thermal EOR, or steam injection, extends the value and the life of California’s oilfields. Today, thermal EOR accounts for more than 40% of California’s oil production and consumes more than 200 MM MMBTU per year of fuel for steam generation. Solar energy can replace a substantial fraction of that existing fuel use, reducing emissions resulting from upstream production. -
Performance of an Enclosed Trough EOR System in South Oman
Available online at www.sciencedirect.com ScienceDirect Energy Procedia 49 ( 2014 ) 1269 – 1278 SolarPACES 2013 Performance of an enclosed trough EOR system in South Oman B. Biermana*, C. Treynora, J. O’Donnella, M. Lawrencea, M. Chandraa, A. Farvera, P. von Behrensa, W. Lindsayb aGlassPoint Solar, 46485 Landing Parkway, Fremont, CA 94538, USA bPetroleum Development Oman, P.O. Box 81, Muscat, Sultanate of Oman Abstract Concentrating solar energy systems can serve many applications beyond electric power generation. GlassPoint Solar has introduced an Enclosed Trough Once-Through Steam Generator system that is adaptable to challenging environments and meets all requirements for Solar Thermal Enhanced Oil Recovery (EOR). In this system, troughs are enclosed in a modified agricultural glasshouse. This innovation, when combined with an air filtration system and automatic roof washers, dramatically reduces energy losses due to soiling and wind. In addition, the Once-Through design allows the use of feed-water with total dissolved solids as high as 30,000 ppm to produce 80% quality steam at 100 bar, matching typical EOR specifications. Performance during the first four months of production operation is reviewed. A dust storm during the period confirms the efficacy of the glasshouse and roofwasher in minimizing operational impacts of weather phenomena common in the MENA region. Output is determined to be consistent with the company’s energy yield model. Plant reliability is monitored and 99.8% uptime is measured in the fourth month of operation. © 2013 B. Bierman. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license ©(http://creativecommons.org/licenses/by-nc-nd/3.0/ 2013 The Authors. -
The Oman Liquefied Natural Gas Project L' Usine De
THE OMAN LIQUEFIED NATURAL GAS PROJECT L’ USINE DE LIQUEFACTION DE GAZ NATUREL D’ OMAN G.Searle General Manager and CEO M.J.J.Koekkoek Operations Manager Oman LNG, Qalhat Sultanate of Oman ABSTRACT Oman Liquefied Natural Gas L.L.C. (OLNG) is a limited liability incorporated joint venture Company organised, since 1994, under the Laws of the Sultanate of Oman. It engages in the business of producing and selling Liquefied Natural Gas (LNG) and by- product Natural Gas Liquids (NGL’s). The plant liquefies Natural gas using two identical process trains, with currently the single largest LNG production capacity of 3.3. mtpa in the world. Since the start in April 2000 the plant is now delivering LNG to Korea and Japan on a regular basis as well as spot cargoes to USA and Spain. The LNG plant has been successfully commissioned well within budget and on time due to the good collaboration between OLNG and its Contractors. Technically the plant is characterized by a very low specific capital cost, compared to other recent LNG projects. The paper describes the experience during engineering, construction and initial operation of the project characteristics that are new in the LNG industry and gives an overview of the key lessons learned. RESUME La societe Oman LNG LLC (OLNG) est une entreprise en coparticipation etablie en 1994 sous le regime du Sultanat d'Oman. Son activite premiere est la production et la commercialisation de Gaz Naturel Liquefie (GNL) et d'essence legere. L’ usine de GNL, comporte deux modules de liquefaction, chacun d’une capacite de 3,3 millions de tonnes par an qui sont actuellement les plus grands au monde de ce type. -
End of the Concessionary Regime: Oil and American Power in Iraq, 1958‐1972
THE END OF THE CONCESSIONARY REGIME: OIL AND AMERICAN POWER IN IRAQ, 1958‐1972 A DISSERTATION SUBMITTED TO THE DEPARTMENT OF HISTORY AND THE COMMITTEE ON GRADUATE STUDIES OF STANFORD UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY Brandon Wolfe‐Hunnicutt March 2011 © 2011 by Brandon Roy Wolfe-Hunnicutt. All Rights Reserved. Re-distributed by Stanford University under license with the author. This work is licensed under a Creative Commons Attribution- Noncommercial 3.0 United States License. http://creativecommons.org/licenses/by-nc/3.0/us/ This dissertation is online at: http://purl.stanford.edu/tm772zz7352 ii I certify that I have read this dissertation and that, in my opinion, it is fully adequate in scope and quality as a dissertation for the degree of Doctor of Philosophy. Joel Beinin, Primary Adviser I certify that I have read this dissertation and that, in my opinion, it is fully adequate in scope and quality as a dissertation for the degree of Doctor of Philosophy. Barton Bernstein I certify that I have read this dissertation and that, in my opinion, it is fully adequate in scope and quality as a dissertation for the degree of Doctor of Philosophy. Gordon Chang I certify that I have read this dissertation and that, in my opinion, it is fully adequate in scope and quality as a dissertation for the degree of Doctor of Philosophy. Robert Vitalis Approved for the Stanford University Committee on Graduate Studies. Patricia J. Gumport, Vice Provost Graduate Education This signature page was generated electronically upon submission of this dissertation in electronic format. -
The Emergence of the French Oil Industry Between the Two Wars
The Emergence of the French Oil Industry between the Two Wars Mohamed Sassi The late emergence of a French oil industry, precisely between the two wars, at first appears to be an economic miracle. It was born from a determination to set up an independent energy policy. France is a country deprived of natural resources and, on the eve of the First World War, its vital need for energy pushed it to give more importance to oil, which explains private initiatives such as the case of Desmarais Frères. In 1914, the French supply of oil was totally dependant on the Majors, particularly on the American company Standard Oil. Although from 1917 Shell was privileged, the problem of the oil industry was not yet resolved. In 1919, the French objective was to recover a part of the interests of the Turkish Petroleum Company (T.P.C.) in the Near East. France recovered the share of the Deutsche Bank and thus created the Compagnie Française des Pétroles (C.F.P.). Born in 1924, the company was to be associated with any preexisting French oil company in order to assure an indisputable majority of national capital. The second important step was the setting-up of the law of 1928 that took care of special export authorizations of the crude and refined oils. The final step was the creation of the refining company (C.F.R.). The state supported the development of the C.F.P. by some institutional arrangements and succeeded in integrating it upstream, by adding the capital of the largest distribution companies and by encouraging the development of their distribution activity. -
Integrated Gas
UPSTREAM 17 SHELL INVESTORS’ HANDBOOK 2013 INTEGRATED GAS Strong growth in gas markets is a major opportunity The Repsol LNG portfolio acquisition in late 2013 LNG LEADERSHIP [A] for Shell. Our integrated gas earnings have is another growth leg for integrated gas, with new increased by around 400% since 2009 to some equity supply in South America, and new year-end mtpa $9 billion in 2013 or about 60% of Upstream trading opportunities. earnings. This was mainly driven by several large 40 liquefied natural gas (LNG) and gas-to-liquids (GTL) LNG projects that came on-stream, including Pearl GTL, Shell is a pioneer of the LNG industry with expertise Pluto LNG Train 1 (Woodside), North Rankin based on 50 years of experience. Shell was 30 Redevelopment, Qatargas 4 and Sakhalin-2. instrumental in delivery of the world’s first LNG Integrated gas earnings incorporate LNG, including plant, in Algeria, which came on-stream in 1964. LNG marketing and trading, and GTL operations. In the years since, LNG has become a truly global 20 In addition, the associated upstream oil and gas commodity with demand expected to grow rapidly production activities from the Sakhalin-2, North in the coming years. Currently around 240 mpta, West Shelf, Pluto LNG Train 1 (Woodside), the global LNG market is expected to reach about 10 Qatargas 4 and Pearl GTL projects are included 430 mtpa by 2025. This growth will be driven by in integrated gas earnings. Power generation expanding economies in China, India and the and coal gasification activities are also part Middle East, by demand in Europe and by new 0 of integrated gas.