Plans by Abu Dhabi to invest more than $25bn over the next five years to increase offshore oil production capacity look set to secure the emirate’s position as a leading oil producer, amidst a global decrease in oil and gas capital expenditure.
The Middle East Energy
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Economic update | Abu Dhabi pumps up oil investment
16 Jun 2015
Requirements for water and power in Qatar are expected to rise sharply in the coming years, with water demand forecast to increase by more than 50% by 2022.
Interviews & Viewpoints | Besim Şişman, CEO and Chairman of the Board, Turkish Petroleum Corporation (TP): Interview from The Report: Turkey 2015
Articles & Analysis | Turkey's plans to build nuclear reactors to boost power generation capacity repeated delayed from The Report: Turkey 2015
In an effort to join the club of nuclear nations, Turkey has announced plans to build 12 nuclear reactors by 2030, with the intention that 20% of power generation capacity will be provided from this source. However, while eight projects have been approved, delays have already befallen the initial build-own-operate (BOO) project, Akkuyu 1, pushing the commencement of its...
Articles & Analysis | Turkey working to expand domestic hydrocarbons resources through continued exploration activities from The Report: Turkey 2015
While Turkey may be at the crossroads of civilisations, it is in a hydrocarbons cul-de-sac. The country is surrounded on all sides by significant oil and gas deposits that all stop short of Turkish frontiers. The bountiful Zagros fold and thrust belt, which extends from the Arabian Peninsula up through Mesopotamia, ends at the Turkish-Iraqi border. A few hundred miles away is...
Articles & Analysis | Turkey makes progress on Trans-Anatolian Pipeline to transport Azeri natural gas to Europe from The Report: Turkey 2015
The country’s demand for energy is rising and new supply sources for natural gas are needed to generate electricity, heat homes and cook. Due to scarce domestic supplies and a lack of sufficient liquefied natural gas infrastructure, those supplies will mostly come via pipeline. Turkey has trained its eyes on tapping the planned link from the Shah Deniz II gas development in...