This document provides an overview of Egypt's oil and gas industry. It details that oil reserves have increased but production is declining. Natural gas reserves have also increased slightly despite lower investment levels. Gas production and consumption are rising to meet domestic demand. The document analyzes trends in reserves, production and consumption for both oil and natural gas and concludes that Egypt is working to implement natural gas substitution policies but faces challenges due to declining oil reserves and other economic and political factors affecting investment and demand.
The oil and gas industry has played a crucial role in Indonesia's economic development, accounting for 1/4 of GDP and 30% of government revenues by 2012. Indonesia ranks highly in Southeast Asia for oil and gas investment and is the 9th largest destination for foreign direct investment, due to its promising reserves, increasing number of production blocks, production sharing contract system, and investment incentives. The government is working to find more proven resources and maintain production levels to meet increasing energy demand and support continued economic growth.
Global LNG Trend, Geopolitics and Geoeconomics StrategySampe Purba
This slides present view that LNG business go beyond economic and commercial consideration. National interest of Developing countries together with their National Security is also a determining concern.
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Turkish E&P Sector & New Petroleum Law.
By Ali Yildizel - E&P Group Leader at PETFORM
FLNG - Offshore Assets Development , Korea 2010 Sampe PurbaSampe Purba
Sampe L. Purba, VP of Program and Budgeting at BPMIGAS, presented on Indonesia's offshore gas assets, developments, and potential for FLNG. Indonesia has significant offshore shallow, deepwater, and stranded gas reserves spread across sedimentary basins. FLNG is one option to develop remote and stranded reserves. Key challenges for FLNG include liquefaction at sea, loading/offloading LNG carriers, high costs, and remote locations. Government perspectives include resource allocation, local participation, and regulatory/fiscal frameworks. Investors consider contract sanctity, returns, and integration with global operations.
India is experiencing high demand for liquefied natural gas (LNG) due to a growing economy and increasing energy needs. Domestic gas production is declining and unable to meet demand, which is projected to rise substantially by 2021-22. As a result, India has increasingly relied on LNG imports, which are expected to rise to over 70 million metric tons per year by 2019-20. Several new LNG import terminals are planned on both the west and east coasts of India to facilitate higher LNG imports and meet rising demand across sectors like power, fertilizer, city gas, and industry.
New base energy news issue 877 dated 21 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 21 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: Dubai Municipality to set up largest plant in Middle East to convert solid waste into energy at cost AED2 billion
• Saudi Arabia's crude oil exports fall in April despite high output
• Egypt: OneSubsea awarded subsea production systems contract for the Zohr development
• Egypt: BP sanctions fast-track development of Atoll discovery in
• Morocco: Sound Energy provides update on the Tendrara and Meridja wells
• Norway: Statoil and partners study Troll post-2020 output expansion
• Myanmar Expected to Export 515 bcf of Gas in 2016-17
• U.S. Gas Hits 9-Month High as Power Use Jumps on Summer Heat
• US:In the Birthplace of U.S. Oil, Methane Gas Is Leaking Everywhere
• Oil prices fall for first time in three days
• Raymond James: Get Ready for $80 Oil
• Shell takes unconventional route with shale refocus
• A Quick Trip to the Oil Patch Shows Energy-Related Losses Rising
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
platts petrochemical prices Coal to-olefins technology in china could soon fl...Platts
CTO Coal to Olefins Boom
Polyethylene, also called polythene, is the world’s most widely used plastic, primarily used to make films used in packaging and plastic bags. Polyethylenes consume more than half of the world’s supply of ethylene, derived from various petrochemical olefins.
The oil and gas industry has played a crucial role in Indonesia's economic development, accounting for 1/4 of GDP and 30% of government revenues by 2012. Indonesia ranks highly in Southeast Asia for oil and gas investment and is the 9th largest destination for foreign direct investment, due to its promising reserves, increasing number of production blocks, production sharing contract system, and investment incentives. The government is working to find more proven resources and maintain production levels to meet increasing energy demand and support continued economic growth.
Global LNG Trend, Geopolitics and Geoeconomics StrategySampe Purba
This slides present view that LNG business go beyond economic and commercial consideration. National interest of Developing countries together with their National Security is also a determining concern.
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Turkish E&P Sector & New Petroleum Law.
By Ali Yildizel - E&P Group Leader at PETFORM
FLNG - Offshore Assets Development , Korea 2010 Sampe PurbaSampe Purba
Sampe L. Purba, VP of Program and Budgeting at BPMIGAS, presented on Indonesia's offshore gas assets, developments, and potential for FLNG. Indonesia has significant offshore shallow, deepwater, and stranded gas reserves spread across sedimentary basins. FLNG is one option to develop remote and stranded reserves. Key challenges for FLNG include liquefaction at sea, loading/offloading LNG carriers, high costs, and remote locations. Government perspectives include resource allocation, local participation, and regulatory/fiscal frameworks. Investors consider contract sanctity, returns, and integration with global operations.
India is experiencing high demand for liquefied natural gas (LNG) due to a growing economy and increasing energy needs. Domestic gas production is declining and unable to meet demand, which is projected to rise substantially by 2021-22. As a result, India has increasingly relied on LNG imports, which are expected to rise to over 70 million metric tons per year by 2019-20. Several new LNG import terminals are planned on both the west and east coasts of India to facilitate higher LNG imports and meet rising demand across sectors like power, fertilizer, city gas, and industry.
New base energy news issue 877 dated 21 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 21 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: Dubai Municipality to set up largest plant in Middle East to convert solid waste into energy at cost AED2 billion
• Saudi Arabia's crude oil exports fall in April despite high output
• Egypt: OneSubsea awarded subsea production systems contract for the Zohr development
• Egypt: BP sanctions fast-track development of Atoll discovery in
• Morocco: Sound Energy provides update on the Tendrara and Meridja wells
• Norway: Statoil and partners study Troll post-2020 output expansion
• Myanmar Expected to Export 515 bcf of Gas in 2016-17
• U.S. Gas Hits 9-Month High as Power Use Jumps on Summer Heat
• US:In the Birthplace of U.S. Oil, Methane Gas Is Leaking Everywhere
• Oil prices fall for first time in three days
• Raymond James: Get Ready for $80 Oil
• Shell takes unconventional route with shale refocus
• A Quick Trip to the Oil Patch Shows Energy-Related Losses Rising
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
platts petrochemical prices Coal to-olefins technology in china could soon fl...Platts
CTO Coal to Olefins Boom
Polyethylene, also called polythene, is the world’s most widely used plastic, primarily used to make films used in packaging and plastic bags. Polyethylenes consume more than half of the world’s supply of ethylene, derived from various petrochemical olefins.
Eni outlines targets for 2020-2023 aimed at transitioning to a more sustainable business model. Key targets include generating €23 billion in free cash flow, achieving cash neutrality by 2023, and investing €4 billion in green initiatives. Upstream targets include growing production 3.5% annually, reducing greenhouse gas intensity 38% by 2023, and more than doubling upstream free cash flow to €6 billion annually. Midstream and downstream targets focus on tripling earnings and free cash flow by 2023 through expanding retail customers, services, and sustainable fuels.
The document provides an initiation of coverage report on South Valley Cement (SVCE.CA) by Prime Research. The 3-sentence summary is:
Prime Research initiates coverage on SVCE.CA with a target price of EGP9.91/share, representing an 80% upside from the current market price, based on a discounted cash flow valuation. Recent industry events in Egypt, including cutting off natural gas to cement plants and approving more coal and alternative fuel usage, are expected to positively impact cement companies. The report also discusses global oil price declines and their relationship to coal prices and the cement industry.
Nigeria has large natural gas reserves but much of it is currently flared. The Nigerian Gas Policy aims to optimize gas utilization and integrate gas into the economy through a gas masterplan. The masterplan establishes a pricing framework, domestic gas supply obligations, and a blueprint for gas infrastructure development including processing facilities and a national transmission pipeline network. This will help reduce flaring and ensure adequate gas supply at affordable prices to strategic domestic and industrial sectors.
Indonesia lng to support development of power and industry domestic sampe ...Sampe Purba
The document discusses Indonesia's efforts to meet growing domestic demand for natural gas through LNG imports and infrastructure development. It summarizes SKK Migas' role in managing upstream oil and gas to support economic growth and ensure fair returns. It also outlines Indonesia's shifting focus to gas to fuel power plants and industry, the rising gas demand projections, and plans to construct new pipelines and floating storage regasification units to deliver gas across the country.
The talking points stressed that upstream oil and gas business in Indonesia already have some set of robust management and reporting mechanism, including within PSC alone. Yet, what EITI should focus, is on related party transaction among the HQ and subsidiaries - and let it be available to public
This document summarizes a presentation on regulatory and organizational challenges facing gas development in Indonesia. Recent regulations have both positive and negative impacts on the gas supply chain. Key challenges include domestic gas pricing, PSC terms, and the lack of a coordinated gas development plan across government institutions. Examples show a lack of implementation for announced gas infrastructure projects and demand not being met. Overall, conflicting policies and a lack of single decision authority on gas development planning have contributed to current gas supply and infrastructure shortfalls.
Current scenario of indian power sector & expectations from suppliersSANJAY KUMAR
India has experienced strong economic growth but still faces power deficits. Thermal power makes up 68% of capacity but coal supply is insufficient. Private sector participation has increased through policy reforms but land acquisition, water availability, and financial issues in distribution remain challenges. BTG and BOP suppliers are expected to provide efficient project timelines, establish local manufacturing, use advanced technology, ensure high quality, reduce manufacturing times, and offer environmental friendly solutions. Suppliers should help maximize land use and meet the growing power demand through capacity expansions and diversified products.
Renewable Chemicals and Advanced Biofuelsdinomasch
This document provides an overview of Gevo, Inc., a company that produces renewable chemicals and biofuels using proprietary technology. Key points:
- Gevo has developed a patented process called GIFT that uses yeast fermentation to convert plant-based sugars into isobutanol, which can then be used to produce chemicals, fuels and other products as a drop-in replacement for petroleum.
- Isobutanol production is cost competitive with petroleum-based production due to high yields from GIFT and the increasing price differential between oil and plant-based feedstocks.
- Gevo has two commercial production facilities, one wholly owned and one in a joint venture, and is focused on multiple end
This document contains forward-looking statements regarding Eni's future performance. It discusses key risks to Eni's business like fluctuations in oil and gas prices. It also outlines Eni's 2014-2017 strategy of upstream enhancement, mid-downstream restructuring, and financial resilience to transform into a fully integrated oil and gas company well positioned for a lower commodity price scenario. The strategy focused on exploration, production efficiency, cost reductions, and consolidation to strengthen cash flow.
Lng outlook and market webinar sept 2020Sampe Purba
1. The document discusses trends in the global and Indonesian LNG markets, including rising Asian demand, new suppliers entering the market, and a shift towards more flexible LNG contracts.
2. It analyzes Indonesia's LNG production and contracts, finding excess production leading to a need for new domestic and international customers.
3. The presentation recommends expanding gas and LNG infrastructure in Indonesia to develop new domestic markets and optimize utilization of excess LNG, such as for power, transportation, and non-pipeline gas transmission.
Could coal be the answer to global plastics shortagesPlatts
The document discusses the potential for coal-to-olefins (CTO) and methanol-to-olefins (MTO) processes to produce ethylene and propylene as alternatives to traditional naphtha cracking. It provides an overview of the CTO and MTO processes, current projects in China, the economics and challenges of these processes compared to naphtha cracking, and the potential impact on global ethylene and polyethylene markets if numerous planned CTO/MTO projects come online by 2020.
#MP2013 Presentation of the Minister of Petroleum ResourcesFMINigeria
The document summarizes the accomplishments and strategic objectives of Nigeria's Ministry of Petroleum Resources over the past 2 years. It discusses increasing oil and gas reserves and production through upstream exploration and improving infrastructure. It also covers linking gas to the wider economy by boosting domestic gas supply and utilization, expanding gas infrastructure to support power generation and industrialization, and reviewing domestic gas pricing policies.
Petdrill Development Company is proposing a gas conversion complex project in Delta State, Nigeria. The project will convert flared gas into valuable products like LPG, methanol, ethanol and urea. It is expected to cost $1.8 billion and will create 25,000 jobs. Financial projections estimate annual revenue of $693 million and yearly profits of $392 million. The project is viable due to Nigeria's gas resources and demand for the products. Mitsui has signed a 20-year off-take agreement, providing guaranteed revenue. The project will benefit the local community through discounted product prices and improved social services.
Mozambique has emerged as a major natural gas producer with over 100 trillion cubic feet of reserves discovered in 2012. Several international oil and gas companies have significant interests in Mozambique's exploration blocks, including Anadarko, ENI, Shell, and PTTEP. Mozambique's large natural gas reserves are expected to boost its GDP substantially and transform its economy. The country is working to develop its natural gas resources through partnerships with international companies and countries like Japan to export liquefied natural gas.
The document summarizes Greg Garland's presentation at the 2015 Credit Suisse Energy Summit. Some key points include:
- Phillips 66 achieved strong execution and returns in 2014 through growth projects, reliable operations, and returning $4.7 billion to shareholders.
- The company is well positioned for continued growth in midstream and chemicals through major projects coming online in 2015-2018.
- Refining will focus on improving yields and accessing advantaged crudes while chemicals benefits from low ethane prices and projects.
- The portfolio is expected to shift toward higher-value midstream, chemicals and marketing businesses by 2018 with over 30% EBITDA growth projected.
Dejour provides a corporate presentation summarizing its oil and gas assets and operations. The company holds over 45,000 net acres in the Piceance Basin and over 19,000 net acres in the Peace River Arch region. Dejour expects production to increase to over 1,200 BOE/d in Q3 2015 from existing wells at its Woodrush, Hunter, and Kokopelli projects. The presentation also highlights Dejour's other exploration prospects and provides a financial and corporate overview.
Iran has the world's largest proven natural gas reserves, but development has been slowed by sanctions; the country relies heavily on natural gas domestically but also aims to export gas through pipelines to neighbors and develop liquefied natural gas export projects. However, low global gas prices and surplus supply pose challenges for Iran's goal of increasing its role in international natural gas trade.
ERG - italian investment conference 24-05-17ERG S.p.A.
This document contains certain forward-looking information that is subject
to a number of factors that may influence the accuracy of the statements
and the projections upon which the statements are based.
There can be non assurance that the projections or forecasts will ultimately
prove to be accurate; accordingly, the Company makes no representation or
warranty as to the accuracy of such information or the likelihood that the
Company will perform as projected.
Seismic attribute analysis using complex trace analysisSomak Hajra
The document discusses seismic attributes, which are measurements or properties obtained from seismic data that provide information about rock properties. It defines various types of attributes such as pre-stack, instantaneous, physical, and multi-trace attributes. The document also discusses the analysis of key seismic attributes like reflection strength, instantaneous phase and frequency through the use of complex trace analysis. Finally, it concludes that seismic attributes are important tools that help interpreters extract more information from seismic data for applications like hydrocarbon exploration and reservoir characterization.
Seismic data interpretation aims to tell the geologic story contained in seismic data by correlating seismic features with known geological elements. The summary outlines key concepts including:
1. Reflection, velocity, P and S waves, polarity, phase, resolution and detectability which influence seismic interpretation.
2. Depositional environments, rock types, faults and folds are interpreted from seismic data to understand the subsurface petroleum system.
3. Structural and stratigraphic interpretation including seismic attributes, multi-attribute logging, direct hydrocarbon indicators, and AVO/impedance inversion are used to characterize reservoirs.
Eni outlines targets for 2020-2023 aimed at transitioning to a more sustainable business model. Key targets include generating €23 billion in free cash flow, achieving cash neutrality by 2023, and investing €4 billion in green initiatives. Upstream targets include growing production 3.5% annually, reducing greenhouse gas intensity 38% by 2023, and more than doubling upstream free cash flow to €6 billion annually. Midstream and downstream targets focus on tripling earnings and free cash flow by 2023 through expanding retail customers, services, and sustainable fuels.
The document provides an initiation of coverage report on South Valley Cement (SVCE.CA) by Prime Research. The 3-sentence summary is:
Prime Research initiates coverage on SVCE.CA with a target price of EGP9.91/share, representing an 80% upside from the current market price, based on a discounted cash flow valuation. Recent industry events in Egypt, including cutting off natural gas to cement plants and approving more coal and alternative fuel usage, are expected to positively impact cement companies. The report also discusses global oil price declines and their relationship to coal prices and the cement industry.
Nigeria has large natural gas reserves but much of it is currently flared. The Nigerian Gas Policy aims to optimize gas utilization and integrate gas into the economy through a gas masterplan. The masterplan establishes a pricing framework, domestic gas supply obligations, and a blueprint for gas infrastructure development including processing facilities and a national transmission pipeline network. This will help reduce flaring and ensure adequate gas supply at affordable prices to strategic domestic and industrial sectors.
Indonesia lng to support development of power and industry domestic sampe ...Sampe Purba
The document discusses Indonesia's efforts to meet growing domestic demand for natural gas through LNG imports and infrastructure development. It summarizes SKK Migas' role in managing upstream oil and gas to support economic growth and ensure fair returns. It also outlines Indonesia's shifting focus to gas to fuel power plants and industry, the rising gas demand projections, and plans to construct new pipelines and floating storage regasification units to deliver gas across the country.
The talking points stressed that upstream oil and gas business in Indonesia already have some set of robust management and reporting mechanism, including within PSC alone. Yet, what EITI should focus, is on related party transaction among the HQ and subsidiaries - and let it be available to public
This document summarizes a presentation on regulatory and organizational challenges facing gas development in Indonesia. Recent regulations have both positive and negative impacts on the gas supply chain. Key challenges include domestic gas pricing, PSC terms, and the lack of a coordinated gas development plan across government institutions. Examples show a lack of implementation for announced gas infrastructure projects and demand not being met. Overall, conflicting policies and a lack of single decision authority on gas development planning have contributed to current gas supply and infrastructure shortfalls.
Current scenario of indian power sector & expectations from suppliersSANJAY KUMAR
India has experienced strong economic growth but still faces power deficits. Thermal power makes up 68% of capacity but coal supply is insufficient. Private sector participation has increased through policy reforms but land acquisition, water availability, and financial issues in distribution remain challenges. BTG and BOP suppliers are expected to provide efficient project timelines, establish local manufacturing, use advanced technology, ensure high quality, reduce manufacturing times, and offer environmental friendly solutions. Suppliers should help maximize land use and meet the growing power demand through capacity expansions and diversified products.
Renewable Chemicals and Advanced Biofuelsdinomasch
This document provides an overview of Gevo, Inc., a company that produces renewable chemicals and biofuels using proprietary technology. Key points:
- Gevo has developed a patented process called GIFT that uses yeast fermentation to convert plant-based sugars into isobutanol, which can then be used to produce chemicals, fuels and other products as a drop-in replacement for petroleum.
- Isobutanol production is cost competitive with petroleum-based production due to high yields from GIFT and the increasing price differential between oil and plant-based feedstocks.
- Gevo has two commercial production facilities, one wholly owned and one in a joint venture, and is focused on multiple end
This document contains forward-looking statements regarding Eni's future performance. It discusses key risks to Eni's business like fluctuations in oil and gas prices. It also outlines Eni's 2014-2017 strategy of upstream enhancement, mid-downstream restructuring, and financial resilience to transform into a fully integrated oil and gas company well positioned for a lower commodity price scenario. The strategy focused on exploration, production efficiency, cost reductions, and consolidation to strengthen cash flow.
Lng outlook and market webinar sept 2020Sampe Purba
1. The document discusses trends in the global and Indonesian LNG markets, including rising Asian demand, new suppliers entering the market, and a shift towards more flexible LNG contracts.
2. It analyzes Indonesia's LNG production and contracts, finding excess production leading to a need for new domestic and international customers.
3. The presentation recommends expanding gas and LNG infrastructure in Indonesia to develop new domestic markets and optimize utilization of excess LNG, such as for power, transportation, and non-pipeline gas transmission.
Could coal be the answer to global plastics shortagesPlatts
The document discusses the potential for coal-to-olefins (CTO) and methanol-to-olefins (MTO) processes to produce ethylene and propylene as alternatives to traditional naphtha cracking. It provides an overview of the CTO and MTO processes, current projects in China, the economics and challenges of these processes compared to naphtha cracking, and the potential impact on global ethylene and polyethylene markets if numerous planned CTO/MTO projects come online by 2020.
#MP2013 Presentation of the Minister of Petroleum ResourcesFMINigeria
The document summarizes the accomplishments and strategic objectives of Nigeria's Ministry of Petroleum Resources over the past 2 years. It discusses increasing oil and gas reserves and production through upstream exploration and improving infrastructure. It also covers linking gas to the wider economy by boosting domestic gas supply and utilization, expanding gas infrastructure to support power generation and industrialization, and reviewing domestic gas pricing policies.
Petdrill Development Company is proposing a gas conversion complex project in Delta State, Nigeria. The project will convert flared gas into valuable products like LPG, methanol, ethanol and urea. It is expected to cost $1.8 billion and will create 25,000 jobs. Financial projections estimate annual revenue of $693 million and yearly profits of $392 million. The project is viable due to Nigeria's gas resources and demand for the products. Mitsui has signed a 20-year off-take agreement, providing guaranteed revenue. The project will benefit the local community through discounted product prices and improved social services.
Mozambique has emerged as a major natural gas producer with over 100 trillion cubic feet of reserves discovered in 2012. Several international oil and gas companies have significant interests in Mozambique's exploration blocks, including Anadarko, ENI, Shell, and PTTEP. Mozambique's large natural gas reserves are expected to boost its GDP substantially and transform its economy. The country is working to develop its natural gas resources through partnerships with international companies and countries like Japan to export liquefied natural gas.
The document summarizes Greg Garland's presentation at the 2015 Credit Suisse Energy Summit. Some key points include:
- Phillips 66 achieved strong execution and returns in 2014 through growth projects, reliable operations, and returning $4.7 billion to shareholders.
- The company is well positioned for continued growth in midstream and chemicals through major projects coming online in 2015-2018.
- Refining will focus on improving yields and accessing advantaged crudes while chemicals benefits from low ethane prices and projects.
- The portfolio is expected to shift toward higher-value midstream, chemicals and marketing businesses by 2018 with over 30% EBITDA growth projected.
Dejour provides a corporate presentation summarizing its oil and gas assets and operations. The company holds over 45,000 net acres in the Piceance Basin and over 19,000 net acres in the Peace River Arch region. Dejour expects production to increase to over 1,200 BOE/d in Q3 2015 from existing wells at its Woodrush, Hunter, and Kokopelli projects. The presentation also highlights Dejour's other exploration prospects and provides a financial and corporate overview.
Iran has the world's largest proven natural gas reserves, but development has been slowed by sanctions; the country relies heavily on natural gas domestically but also aims to export gas through pipelines to neighbors and develop liquefied natural gas export projects. However, low global gas prices and surplus supply pose challenges for Iran's goal of increasing its role in international natural gas trade.
ERG - italian investment conference 24-05-17ERG S.p.A.
This document contains certain forward-looking information that is subject
to a number of factors that may influence the accuracy of the statements
and the projections upon which the statements are based.
There can be non assurance that the projections or forecasts will ultimately
prove to be accurate; accordingly, the Company makes no representation or
warranty as to the accuracy of such information or the likelihood that the
Company will perform as projected.
Seismic attribute analysis using complex trace analysisSomak Hajra
The document discusses seismic attributes, which are measurements or properties obtained from seismic data that provide information about rock properties. It defines various types of attributes such as pre-stack, instantaneous, physical, and multi-trace attributes. The document also discusses the analysis of key seismic attributes like reflection strength, instantaneous phase and frequency through the use of complex trace analysis. Finally, it concludes that seismic attributes are important tools that help interpreters extract more information from seismic data for applications like hydrocarbon exploration and reservoir characterization.
Seismic data interpretation aims to tell the geologic story contained in seismic data by correlating seismic features with known geological elements. The summary outlines key concepts including:
1. Reflection, velocity, P and S waves, polarity, phase, resolution and detectability which influence seismic interpretation.
2. Depositional environments, rock types, faults and folds are interpreted from seismic data to understand the subsurface petroleum system.
3. Structural and stratigraphic interpretation including seismic attributes, multi-attribute logging, direct hydrocarbon indicators, and AVO/impedance inversion are used to characterize reservoirs.
Using 3-D Seismic Attributes in Reservoir Characterizationguest05b785
The document discusses using 3D seismic attributes for reservoir characterization. It provides an overview of seismic reflection methods and defines seismic attributes as any measurement derived from seismic data. Common types of attributes are described including time, complex trace, window, Fourier and multi-trace attributes. The document gives examples of attributes like envelope, phase, frequency and coherence that can provide information on lithology, thickness, faults and fractures. Methods of interpreting attribute data from 3D volumes are outlined. The document concludes by providing examples of how attributes can be used for reservoir characterization tasks like fault interpretation and porosity estimation.
1) Seismic interpretation uses acoustic waves to image the subsurface by measuring the two-way travel time and amplitude of reflections. 2) A seismic source generates wavefronts that travel through the subsurface, reflecting or transmitting at interfaces between rock layers. 3) The amount of reflection depends on the relative difference in physical properties across interfaces, defined by reflection coefficients. Layers thinner than 1/4 the wavelength cannot be resolved individually.
The document discusses heat transfer equipment and heat exchangers. It defines a heat exchanger as a device that transfers thermal energy between two or more fluids at different temperatures without mixing the fluids. Heat exchangers can be classified based on their transfer process, number of fluids, degree of surface compactness, construction, flow arrangement, and heat transfer mechanism. Common examples include shell-and-tube exchangers, radiators, condensers, evaporators, and cooling towers.
Piping Training course-How to be an Expert in Pipe & Fittings for Oil & Gas c...Varun Patel
Course Description
Piping a must know skill to work in Oil & Gas and similar Process Industries.
Oil and Gas industry is become a very competitive in the current time. Getting right mentor and right exposer within industry is difficult. With limited training budget spent by company on employee training, it is difficult to acquire the knowledge to success.
Knowing cross-functional skill give you an edge over others in your career success.
This course design based on years of field experience to ensure student will comprehend technical details easily and enjoy overall journey.
Learn in detail every aspect of Pipe & Pipe Fittings used in process industry
•Different types of Pipe, Pipe fittings (Elbow, Tee, reducers, Caps etc.), Flanges, Gaskets, Branch Connection, Bolting materials
•Materials (Metal-Carbon Steel, Stainless Steel, Alloy Steel etc. Non-Metal- PVC/VCM, HDPE, GRE-GRP etc.)
•Manufacturing methods
•Heat treatment requirements
•Inspection and Testing requirements (Non Destructive Testing, Mechanical & Chemical testing)
•Dimensions & Markings requirements
•Code & Standard used in piping
Content and Overview
With 2 hours of content including 30 lectures & 8 Quizzes, this course cover every aspect of Pipe, Pipe fittings, flanges, gaskets, branch connections and bolting material used in Process Piping.
This Course is divided in three parts.
1st part of the course covers fundamental of process industries. In this Part, you will learn about fundamental process piping. You will also learn about Code, Standard & Specification used in process industries.
2nd part cover various types of material used in process industries. In this part, you will learn about Metallic and Non-Metallic material used to manufacture pipe and other piping components.
3rd parts covers in detail about pipe and piping components used in Process piping. In this part we will learn about Industry terminology of Piping components, types of industrial material grade used in manufacturing and entire manufacturing process of these components. You will learn about different manufacturing methods, Heat treatment requirements, Destructive and Non-destructive testing, Visual & Dimensional inspection and Product marking requirements.
Upon completion, you will be able to use this knowledge direct on your Job and you can easily answer any interview question on pipe & fittings.
The document discusses global trends in energy supply and demand from 2009 to 2035 according to projections by the IEA. Key points include:
- Fossil fuel subsidies amounted to $312 billion globally in 2009, with oil products making up almost half. Emerging economies dominate growth in demand for all fuels.
- While coal and oil demand declines in developed countries, demand increases in developing nations. China's energy system growth will significantly impact global supply and demand trends and efforts to limit climate change.
- A drop in coal power in developed nations will be offset by large increases elsewhere, especially in China where new capacity exceeds that of the US, EU and Japan. Renewables will grow significantly if governments continue strong
The document summarizes the company's financial results for the 1st quarter of 2009. It reported a 3% increase in domestic oil, NGL, and natural gas production compared to the 4th quarter of 2008 due to new production systems coming online. Operating income decreased compared to the previous quarter primarily due to lower oil prices and sales volumes, though cost reductions partially offset this. New discoveries were also announced in pre-salt areas that will help drive future growth.
Ghana has significant oil reserves that were first discovered commercially in the 1970s. Production was negligible until the 1980s and early 1990s when several foreign firms began prospecting and some initial production began. Ghana established the Ghana National Petroleum Corporation to promote exploration. Several upgrades were also made to oil refining and distribution infrastructure during this time period. More recent discoveries in the late 2000s significantly increased estimated reserves. Ghana now has over 5 billion barrels of oil reserves, making it one of the largest in Africa. However, production and distribution capacity has struggled to keep up with growing demand. Expanding and improving these areas remains an ongoing challenge.
The document provides an operational and financial summary of Petrobras' results for the 1st quarter of 2013. Key highlights include:
- Net income of R$7.693 billion and EBITDA of R$16.231 billion.
- Oil production was 1,910 kbpd, down 4% from 4Q2012 due to scheduled maintenance. Three new FPSOs started production.
- Record refining output of 2.149 million barrels per day on April 7th. Oil product sales in Brazil grew 7% year-over-year.
- Exploration expenses decreased from 4Q2012 while 18 wells were written off due to being dry or subcommercial.
Exile Resources holds a 10% equity stake in the Akepo oil field in Nigeria, which was successfully tested in early 2010. Flow testing indicated production rates of up to 1,789 barrels of oil per day from the field. Engineering estimates suggest the well can produce between 2,500 to 3,000 barrels per day, yielding approximately 200 to 240 barrels net to Exile daily. The Akepo field development is ongoing, with first oil expected by the end of Q2 2011. Exile also holds exploration licenses in Turkey and Zambia and is seeking opportunities in Nigeria's next oil licensing round to further expand its portfolio.
The document discusses Egypt's strategy to optimize the value of its petroleum resources by focusing on natural gas development and deepwater exploration. Egypt has significant natural gas reserves, with an estimated 72.3 trillion cubic feet currently and potential reserves of up to 120 tcf. Much of Egypt's natural gas lies in the deep waters of the Mediterranean. Egypt's long term strategy includes expanding petrochemical, LPG, and LNG capacity to increase the value derived from natural gas reserves and capitalize on export markets. Developing deepwater reserves and adding value to natural gas through downstream projects are key goals for Egypt's petroleum future.
Justin Dargin, a Research Fellow with The Dubai Initiative at Harvard University and a Fulbright Scholar of the Middle East, was invited by CIRS to deliver a lecture on “Gulf Gas Development: A Rational Development Strategy” to Georgetown University in Qatar faculty and staff. The lecture focused on the basics of the Gulf Gas/Power Sector and how the countries of the GCC are facing the current energy challenges.
Spotlight - Misr Fertilizers Production Company - January 2017Ali Afifi
This document provides an analysis of Misr Fertilizers Production Company (MOPCO), Egypt's largest producer of urea fertilizer. It discusses two key scenarios for MOPCO's performance given the recent floatation of the Egyptian pound which increased natural gas costs significantly. Under scenario 1, where fertilizer prices increase to offset costs, the company's fair value is estimated at EGP 40.12 per share. However, if prices remain unchanged, scenario 2 estimates the fair value would fall to EGP 28.29 per share due to narrowing margins. Key risks to MOPCO include further increases in natural gas costs, high debt denominated in dollars, and the need for short-term financing until fertilizer
The document discusses the challenges facing the LNG industry due to rising costs and price volatility. It notes that LNG project costs escalated dramatically between 2004-2010 due to increased demand for contractors and materials. This was exacerbated by projects being awarded as lump-sum contracts, forcing contractors to add risk premiums to cover uncertainties. Additionally, contractors significantly increased profit margins during this period. The document outlines factors driving recent oil and LNG price declines, creating difficulties for many producer countries and companies.
The document summarizes the accomplishments and strategic objectives of Nigeria's oil and gas sector over the past two years under the country's Transformation Agenda. Key areas of focus have included increasing reserves and production, growing domestic gas utilization, sustaining domestic product supply through infrastructure upgrades, and linking gas to the wider economy through pipelines and industrialization. Going forward, plans are outlined to further these strategic goals through initiatives like frontier exploration, improved monitoring and data processing, increased pipeline capacity, and development of industrial cities.
The document summarizes the accomplishments and strategic objectives of Nigeria's oil and gas sector over the past two years under the country's Transformation Agenda. Key areas of focus have included increasing reserves and production, growing domestic gas utilization, sustaining domestic product supply through infrastructure upgrades, and linking gas to the wider economy through pipelines and industrialization. Going forward, plans are outlined to further these strategic objectives through additional exploration, infrastructure projects, improving commercial frameworks, and developing gas-based industries.
The document provides an agenda and overview of a TTNGL presentation. The agenda includes welcome remarks, a PPGPL update, TTNGL financial performance, and a Q&A. The presentation provides details on TTNGL and PPGPL, including an overview of PPGPL's operations and markets, pricing, and outlook. It also summarizes TTNGL's financial performance from 2014-2016 and in Q1 2017, noting increases in income and profit. Key risks associated with TTNGL and its reliance on PPGPL are also outlined.
Greetings,
Attached FYI ( NewBase Special 27 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Presidente José Sergio Gabrielli de Azevedo. Apresentação para The Brazil-Tex...Petrobras
The document discusses Petrobras, a Brazilian oil and gas company. It outlines Petrobras' strategy to become a more integrated energy company through large investments between 2010-2014. This includes expanding oil and gas production, refining capacity, and downstream assets like pipelines and petrochemical plants. Petrobras also discusses its leadership in deepwater drilling and major pre-salt oil discoveries off the coast of Brazil.
Gas Arabia Summit: Unconventional Gas Developments in the GulfEnergy Intelligence
Rana Samaha, Middle East R&A Director at Energy Intelligence, presented at the 10th Gas Arabia Summit, Dubai, January 13, 2015.
These slides include content on:
1.) US Shale gas developments: Key success factors
2.) GCC gas imbalances; role of unconventional gas developments
3.) GCC NOC's different approaches; Saudi Aramco's mandate
13 Energy Efficiency Initiatives for Saudi Arabia on Su.docxdurantheseldine
13
Energy Efficiency Initiatives for Saudi Arabia
on Supply and Demand Sides
Y. Alyousef1* and M. Abu-ebid2
1Energy Research Institute, King Abdulaziz City
for Science and Technology, Riyadh,
2AEA Technology plc, Didcot,
1Saudi Arabia
2United Kingdom
1. Introduction
The Kingdom of Saudi Arabia (KSA) is blessed with an abundance of energy resources. It
has the world’s largest proven oil reserves, the world’s fourth largest proven gas reserves,
has abundant wind and solar renewable energy resources, and is the world’s 20th largest
producer and consumer of electricity. Saudi Arabia makes negligible use of its renewable
energy resources and almost all its electricity is produced from the combustion of fossil
fuels. Despite attempts to diversify the economy, the oil and gas industry still accounts for
approximately 75% of budget revenues, 45% of GDP, and 90% of export earnings.
Exploitation of the natural resources has allowed the Saudi government to keep energy
prices low through a system of direct and indirect subsidies. The nation has benefited
greatly from these policies, but together with increased prosperity and sophistication, a
culture of wasteful energy usage has become established.
KSA is experienced rapid economic growth over recent years. Since 2000, the energy
consumption per capita has increased by more than 30%. This increase in primary energy
consumption has occurred during a period of declining oil exports. In 2008, the total
primary energy consumption has approximately reached 800 million barrels of oil
equivalent (BOE), of which more than 60% was oil. The consumption of primary energy
within the Kingdom is expected to double in 2030 leading to diminishing oil exports based
on current trends (Ministry of Water and Electricity, 2009).
There is widespread recognition within KSA that with growing internal demand for
primary energy there will be a declining proportion of oil for export. Consequently, the
national government has identified energy efficiency as a key national priority, reflecting the
rapid increase in domestic consumption of petroleum products, related GHG emissions and
the associated opportunity cost of lost export revenues. There is also a strategic national
push to develop an energy efficiency and renewable technology R&D and manufacturing
base in an attempt to diversify the economy away from fossil fuels.
*Corresponding Author
www.intechopen.com
Energy Efficiency – A Bridge to Low Carbon Economy
280
2. Fossil fuel production and consumption
2.1 Oil production and consumption
Saudi Arabia is the largest producer and net exporter of oil in the world with more than 10
million barrels/day produced in 2007. The state-owned oil company, Saudi Aramco, is the
world’s largest oil company. The country has around 100 major oil and gas fields and more
than 1500 wells. Recently, the Saudi Arabia’s Ministry of .
1. This document is highly confidential. It is intended only for the exclusive use of the recipient and should
not be reproduced or distributed without prior written consent
Egypt Oil & Gas Industry
2. This document is highly confidential. It is intended only for the exclusive use of the recipient and
should not be reproduced or distributed without prior written consent of PICO ENERGY
“Regional Distinguished Energy
Solutions Provider ”
Outline
- Introduction( Egyptian Petroleum Industry Overview)
- Oil :
- Reserves .
- Production .
- Consumption .
- Natural Gas :
- Reserves .
- Production .
- Consumption .
- Conclusion .
2
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“Regional Distinguished Energy
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introduction
Egyptian Petroleum Industry Overview
- The Petroleum Industry is one of the most dynamic
industries in the Egyptian Economy .
- Crude Oil Production has been in decline for several years ,
Increasing Oil demands in the future would require Egypt to
increase its P/R ratios above the current ratio of 5.5 % ,or
to pressure down…………which is still……..?
- Egypt is encouraging the Natural Gas sector by …….+…..?
- On the other Hand, Questions persist about the future in
light of the variance in estimates of possible Gas reserves .
3
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Oil
Reserves :
- Oil Reserves have been increased distinctly in :
(2006/07 [3.7 billion barrels]) (2008/09 [ 4.4 billion
barrels])
- This Jump was due to …….. ?
Exploration Activities , where……? ( Western Desert areas )
when ……. ?
in “ 2006/07 & 2007/08 ” addition of :
- beginning of 2007/08 + - 2008/09
530 million barrels 129 million barrels
4
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should not be reproduced or distributed without prior written consent of PICO ENERGY
“Regional Distinguished Energy
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Oil (cont.)
- Trend of High Discovery levels prevailed in
(2006/07 -2007/08 ) (4.89 billion barrels by 2012/13 )
Replacement Ratio(185 % - 2010/11 -2011/12)
- However , Reserve Replacement Ratio had never reached this
high governmental level ; as it previously was :
(86 %) & (95%)
(2008/09) (2009/10)
- (Optimistic scenario )Given = Average Oil success Ratio in
Egypt (Pico R&A calculations ) = 13-17 %} + Given =
Reserve Replacement Ratio <2009/10 > ????? (4.28
billion barrels by (2012/13 )
5
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should not be reproduced or distributed without prior written consent of PICO ENERGY
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Oil (cont.)
Production :
- (2012 /13 ) Oil production is expected to come close to :
672,000 bbl/d – Oil Production/Depletion rate
<2011/12-2012/13>
5.5%
- 693 ,000 bbl/d 2008/ 09
= Growth Rate = (0.87) %
687,000 bbl/d 2009/10
This is out of same Depletion Rate (2008/09 – 2010/11 ) + Oil
Reserves were decreasing
6
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should not be reproduced or distributed without prior written consent of PICO ENERGY
“Regional Distinguished Energy
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Oil (cont.)
Petroleum Products
Consumption :
- PPC in EGYPT has an ever increasing trend ,Despite of Oil
Production rates decreasing < 2008/09-2009/10 >
- Gas Oil 38% & Fuel Oil 29% { main pp }
Gasoline 14% & LPG 13%
- 3 main economic sectors :
Transportation 30%
Electricity >67% 17%
Industry 20%
7
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should not be reproduced or distributed without prior written consent of PICO ENERGY
“Regional Distinguished Energy
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Oil (cont.)
- In view of what’s mentioned in the previous slide , Total PPC
reached :
230 million barrels 245 million barrels
(2008/09) (2009/10)
6.5%
- Most of this increase occurred mainly in favor of the Gas , Oil
, Fuel Oil & LPG , While the consumption of Kerosene and
Gasoline has relatively remained constant .
- Gas Oil, Fuel Oil & LPG witnessed relatively high consumption
growth rates of 6.2 %,5.5% &6.3% respectively over the
period of (2008/09 – 2009/10 ) despite the continuation of
the Natural Gas substitution policy that started in
(1998/99) for Gas Oil and Fuel Oil ;& in (2007/08) for LPG .
8
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should not be reproduced or distributed without prior written consent of PICO ENERGY
“Regional Distinguished Energy
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Oil (cont.)
- This increase in demand
Economic growth of different + High heat summer waves
producing sectors in EGYPT prevailed since (2008/09)
Total real GDP grew more Fuel Oil input was
4.7% 5.2% required for the Electricity
(2008/09) (2009/10) generation demand which
rose with 12% over the last
2 years (2008/09-2009/10)
- On the other side, Natural Gas Production plans didn’t match
up the increasing demand from those sectors delays
in drilling schedules .
9
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should not be reproduced or distributed without prior written consent of PICO ENERGY
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Oil (cont.)
- Although assuming a relatively low growth rate of GDP for
the coming two years of 2.5% , total PPC is expected to
reach 260 million barrels by 2012/13 , This implies a growth
rate of 2.1% for PPC as compared to 249.67 million barrels
in (2010/11)
10
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Natural Gas
11
Reserves :
- EGYPT’S proven Natural Gas reserves were last estimated at:
79.7 TCF in (2010/11) 1.92%
78.2 TCF in (2009/10) Increase of
- Decrease in the no. of new discoveries
Decrease in the level of investment
Downturn in EGYPT’s Natural Gas reserves rate starting from
(2008/09) , despite the yearly increase in the levels of
reserves .
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should not be reproduced or distributed without prior written consent of PICO ENERGY
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Natural Gas (cont.)
- The Decrease in incoming investment levels was the direct
result of the late payments made by Engineer’s SAMEH
FAHMI Ministry to Exploration & Production companies .
- After examining the previous growth trend
+
taking into consideration fluctuations
+
the expected future increase in incoming investment level as
faith in the country’s stability returns
=
The R&A projects reserves to grow in (2011/12) by 2.5 % and
in (2012/13) by 3.5%
12
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should not be reproduced or distributed without prior written consent of PICO ENERGY
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Natural Gas (cont.)
13
Production :
- 2.3 TCF ( 2009/10)
2.4 TCF (2010/11 ) , So it rose by 4.3%
- (2009/10) , The government was forced to increase Natural
Gas production ,……why ??? Sharp increase in
domestic consumption mainly in :
Petroleum sec. Industrial sec. Electricity sec.
11% 9% 6%
Production Growth rate peaked to reach 9.5% ,………when?
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Natural Gas (cont.)
- Repeated attacks on the Arab Gas Pipeline (AGP)
Reduction in Pipeline Exports + Low incoming investment rate
= R&A PROJECTS FOR Production Growth rate to increase by
3% in (2011/12), Despite the expected increase in domestic
consumption .
- Demand continues to + stability progresses leads to ……?
= production is projected to grow by 6% in (2012/13)
14
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should not be reproduced or distributed without prior written consent of PICO ENERGY
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Natural Gas (cont.)
Consumption :
- (GOE) has set a policy in 2007 for encouraging the
substitution of LPG by Natural Gas. Accordingly,
consumption in EGYPT has witnessed an upward slope over
the past five years to reach 54% of the total domestic
consumption of hydrocarbons.
- EGYPT’s total domestic consumption rose by 7.1% , as in :
(2009/10) = 1.55 TCF (2010/11) = 1.66 TCF
- R&A projects the growth rate of domestic consumption to
average at 9.5% annually , According to planned launch of
new factories & other expansions .However , the revolution
may negatively affect the actual application of agreements
from either side .
15
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should not be reproduced or distributed without prior written consent of PICO ENERGY
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Conclusion
- GOE is exerting a lot of efforts under it’s new policy of
Natural Gas substitution that started in (1998/99) for Gas
Oil & Fuel Oil & (2007/08) for LPG in terms of expanding
it’s exploration & development activities of reserves of both
Crude Oil & Natural Gas & new Expansions , factories &
plants launching .However, The consumption of Crude Oil &
LPG is still high & the reserves of Crude Oil is decreasing &
for Natural Gas is increasing but by small rate due to the
decrease of level of invetsment .
- The financial crisis in the international level & repeated
attacks on the Arab Gas pipelines , Annually High heat
summer waves , 25 January Revolution on the domestic
level affect the market of the industry of Oil & Gas in EGYPT
negatively .
- The question here is how to activate that policy of
substitution in the light of all the factors mentioned above ?
16
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17
References : Report named ( EGYPT Oil & Gas industry
overview )
Thank You
Questions !