The Karan offshore gas field, designed to produce 1.8 billion cubic feet per day, will increase the Kingdom’s gas output by 18 percent, the Saudi Aramco said yesterday. Petroleum and Mineral Resources Minister Ali Al-Naimi visited the facility yesterday, accompanied by senior Aramco officials. He also visited Wasit Gas Project, which will be launched mid-2014 with a capacity of 2.5 billion cubic feet daily. “This will further increase the Kingdom’s capacity by 21 percent,” the oil giant said, adding that both Karan and Wasit would contribute 40 percent of total gas supply. Al-Naimi inaugurated a project at Manifa oilfield in preparation to start production with a capacity of 500,000 bpd by mid-2013, which will be increased to 900,000 bpd by the end of 2014. Work on Karan has been completed before schedule reducing the cost of construction, and production began with full capacity during the peak period of summer, the company said. The first-phase startup of Karan marks a significant milestone in the company’s gas expansion program, underlining its role as a reliable supplier of energy and its ability to bring giant projects online. Discovered in April 2006, Karan is the first nonassociated gas field in Saudi territorial waters in the Arabian Gulf, 160 km north of the company’s headquarters in Dhahran. Offshore facilities at Karan consist of five production platform complexes connected to a main tie-in platform, installed with associated electrical power, communication and state-of-the-art remote monitoring and control facilities for safe and reliable operations from onshore. A 110-km subsea pipeline is transporting Karan gas to onshore processing facilities at the Khursaniyah Gas Plant. The gas is processed through a number of trains that include facilities for gas sweetening, acid-gas enrichment, gas dehydration and supplementary propane refrigeration. From arabnews
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor