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Enron Mail |
Dear Mr Lay
Issue 37 - 15th November 2000 CONTENTS 1 - This Weeks E-News Stories 2 - Free issues of MENA Petroleum Bulletin 3 - Personalise Your E-news Stories 4 - Market Analysis Report News 5 - Author Opportunities with SMi's Market Analysis Report Series 6 - Conference News 7 - Feedback: Let us know how you feel we could improve this service Welcome to MENA E-News, delivering you the latest Middle East and North African oil, gas, power and petrochemical headlines to your virtual doorstep. MENA E-news is your FREE personalised weekly news service from the publishers of MENA Petroleum Bulletin http://www.smipublishing.co.uk/mena-enews.asp Why is it E-News different? Because you can personalise your issues to make sure you receive the stories that matter to you. ******E-NEWS THIS WEEK******* KVAERNER WINS BALAL AWARD Tehran - Kvaerner Singapore, part of the Anglo-Norwegian group, has been appointed detailed engineering contractor for the offshore production platform in the Balal oil field, being developed by TotalFinaElf. The award follows Iranian Offshore Engineering and Construction (OIEC) and Singapore's SembCorp winning the $60m contract for installation of the platform to process 40,000bbl/d of oil and 14mcfd of associated gas. The Anglo-Norwegian group was brought in by NIOC subsidiary Petro Pars in April to manage the first phase development of South Pars gas field. In a separate development, OIEC and Petro Iran are reported to be looking for a foreign partner to take a 30% stake in the $850m Salman offshore project, which the two Iranian companies won in October on a buy-back basis. The Salman contract, tendered in 1998, requires the rebuilding of war-damaged facilities and upgrading production at the field by 45,000 bbl/d to 130,000 bbl/d as well as developing an associated gas structure. http://www.irna.com OPEC TO SUSPEND 20-DAY MECHANISM UNTIL JANUARY Vienna - OPEC exporters have rejected calls from consuming nations for further extra crude supplies that would have helped ease stubbornly high world oil prices and cut fuel bills this winter. It appears, as the Ministers meet in Austria this month, that OPEC will not be adding further increases to world supplies despite oil prices remaining outside its automatic 20-day production increase mechanism, set at $22-28/bbl. 'There will be no increases this year under any circumstances,' Indonesian Oil Minister Purnomo Yusgiantoro told awaiting reporters after a two-hour meeting ahead of the formal ratification of the decision. http://www.opec.org/ SUDAN SIGN EXPLORATION AGREEMENT Khartoum - Sudan has signed an oil exploration agreement with several local and international companies for an area in central Sudan, the government-owned Al-Anbaa newspaper reported on Sunday. 'Sudan has signed a production agreement...covering prospecting, development and transportation of oil with Gulf oil companies, the Chinese National Petroleum Corp, Al Than and Sudapet,' the daily said. Al-Anbaa said the agreement covered a 75sq.km area on the western bank of the White Nile, south of the town of Rabak, about 275km south of Khartoum. The Gulf companies hold a 46% stake in the investment, the Chinese company has 23%, Al Than also has 23% and Sudapet holds 8%. Sudan, which produces about 185,000 barrels per day of crude oil, began crude exports in August 1999. It had previously been importing oil and oil products for about $300m a year, eating up most of its export earnings. It has also been reported this week that Talisman Energy are to step up their exploration efforts in the country, despite opposition from humanitarian groups. SHELL INK EGYPTIAN GTL AGREEMENT Cairo - Royal Dutch/Shell Group confirmed this week that they are to invest $1.7bn in an Egyptian gas-to-liquids (GTL) plant that could lead the country to use domestic gas reserves to satisfy its entire oil products market for more than 50 years. Egypt is currently an importer of oil products. The oil giant agreed to initial terms on the deal early in October. Shell said it has now signed a development protocol with Egyptian General Petroleum for a 75,000-barrel-per-day GTL conversion plant to convert natural gas into synthetic fuels. Crucially the project is now said to have the backing of Egyptian Petroleum Minister Sameh Fahmy. Production could be in place by late 2005, while a plant at the same site producing liquefied natural gas (LNG) could be up and running earlier, by mid-2004. ******FREE ISSUES OF THE MENA PETROLEUM BULLETIN****** As a subscriber to MENA E-News we would like to offer you a two-month trial subscription to the MENA Petroleum Bulletin absolutely free! The MENA Petroleum Bulletin analyses the major developments in the region's oil, gas, power and petrochemical sectors. From Morocco to Iran the MENA Petroleum Bulletin delivers market commentary on the liberalisation and regulation of the region's oil, gas, power and petrochemicals markets. Each month subscribers to the MENA Petroleum Bulletin receive news of policy, regulation and liberalisation that directly impact upon the ability of you and your organisation to take advantage of the emerging business opportunities. With the suspension of UN sanctions against Libya and the ameliorating relationship between Iran and The West, there is no better time to take advantage of the myriad projects on offer. Our features, which are written by industry insiders and regional correspondents, provide in-depth news coverage, incisive commentary and vital market analysis. Each issue contains a country profile, project profile and an interview with a leading industry expert to ensure that you are kept informed of recent developments in the region. FREE with the MENA Petroleum Bulletin each month is the PROJECT TRACKER, which analyses the status of individual projects and tenders in each country. With over 32-pages of projects, the PROJECT TRACKER ensures that you are informed of licensing rounds, EOR projects, 'Buy-back' projects, FEED and EPC tenders as and when they happen. Complete with contact listings for each project the information you need is always at your disposal when you subscribe to the MENA Petroleum Bulletin. No other publication offers this service, and it is available to you FREE of charge when you subscribe. Please feel free to request your two free issues by forwarding your full postal address to Our Client Service department at mailto:menasample@smipublishing.co.uk Alternatively, please visit our web site for further details at http://www.smipublishing.co.uk/mena-enews.asp *****PERSONALISE YOUR E-NEWS STORIES***** PERSONALISE your weekly copy of MENA E-News to receive the latest stories that interest you and Enron Corp. Simply reply to this e-mail with a selection of four of the following categories and we will guarantee that these sector headlines will be delivered direct to your in-box each week. Government Policy, Taxation & Regulation Oil & Gas Exploration, Drilling and Development Gas Transportation, Marketing & Sales Oil Pipelines & Transportation Oil Production and Global Crude Oil Markets Gas Production LNG Construction & Engineering Mergers & Acquisitions International Sanctions Power Generation & Transmission Petrochemicals For more information on MENA Petroleum Bulletin, and a chance to win a FREE bottle of champagne, please visit our web-site http://www.smipublishing.co.uk/mena-enews.asp Alternatively e-mail us at mailto:enquiries@smipublishing.co.uk *****MARKET ANALYIS REPORT NEWS***** ALGERIAN OIL, GAS AND CONDENSATES REPORT Algerian Oil, Gas and Condensates is a detailed guide to investment, exploration and development in this important energy exporting country. This Report will provide you and your company with a realistic assessment of present and future political and economic risks and opportunities, together with a comprehensive account of Algeria's oil, gas and LNG sectors. You can order your copy of this essential report online and also find out about SMi's full range of Market Analysis Reports and Newsletters at: http://www.smipublishing.co.uk/algeria3.asp Or email ordering@smi-online.co.uk EGYPTIAN OIL AND GAS REPORT Are you up to date with the latest political and economic risks in the Egyptian oil and gas industries? SMi's Egyptian Oil and Gas report offers you a comprehensive, detailed guide on all aspects of the Egyptian oil and gas industries. SMi's Egyptian Oil and Gas includes the latest strategies for dealing with political and economic risk, the latest statistics on the energy economy of Egypt and critical information about the oil and gas fields, reserves and production. With the development of gas exports a top priority for the Egyptian energy sector and continued exploitation of Egyptian oil resources, the timing couldn't be better. The report will enable you to; * Identify key organisations and decision-makers in the government for the energy industries * Assess the impact of the country's tightly controlled political system on oil and gas operations * Measure the effect of Egypt's economic reform programme on the oil and gas sectors and the prospects for future reform * Forecast the prospects for economic growth and the role oil and gas will play in the future economy * Formulate strategies for dealing with the public sector and sources of finance for operations in Egypt as well as the risk of payment problems But that's not all, SMi's Egyptian Oil and Gas also provides detailed information on the following key issues; * The scope for foreign companies to take advantage of potential opportunities. * Implications for the oil and gas industries of key political, economic and commercial issues, * Comprehensive information on important companies, organisations and executives including contact information, * Analysis of the banking system, sources of finance and credit-worthiness, * Analysis of risks faced and strategies to minimise their impact. You can order your copy of this essential report online and also find out about SMi's full range of Market Analysis Reports and Newsletters at: http//www.smi-online.co.uk/lng4.asp Or email ordering@smi-online.co.uk quoting reference MR 66 EN ****AUTHOR OPPORTUNITIES WITH SMi's MARKET ANALYSIS REPORT SERIES**** SMi Publishing Ltd is a leading publisher of business to business information. Our Market Analysis Reports are 30,000 word rigorous analytical briefings providing timely industry and market forecasts. We are looking for authors to write for our Energy portfolio on topics such as: - Deep and Ultra-Deep Water Drilling - Smart Reservoirs - Coal-Bed Methane - EP Data Management If you or one of your colleagues are interested in writing a Report, please contact Elizabeth Gray: mailto:egray@smi-online.co.uk *****CONFERENCE NEWS***** PREDATORS AND PREY IN THE POWER SECTOR 8th & 9th January 2001, The Hatton, London Book today - places are limited! Minimise the risks and maximise the opportunities offered by market deregulation by attending SMi's Predators and Prey in the Power Sector. With the rapid growth of new opportunities the timing couldn't be better. In just two days this conference will bring you up to date with the key issues in mergers and acquisitions in the Power sector. Just as strategic alliances can increase your profitability and efficiency, attending SMi's Predators and Prey in Power Sector will ensure you are using your resources effectively. Key speakers include: * Peter Bucks, Senior Financial Advisor, Ofgem * Marsha Gransee, Deputy General Counsel, US Federal Energy Regulatory Commission * Dr. Paul Lars Danielsen, Senior Vice-President, Corporate Strategy, TXU Europe * Dr. Helmar Rendez, Head of Corporate Development, VEAG Not only will you benefit from an intensive programme, you will also hear the first hand experiences of successful strategic alliances. The high quality of our speakers means that you can be confident of gaining insight from the experts. There will also be plenty of opportunities to meet key decision makers and discuss market developments. The full conference programme is available at http://www.smi-online.co.uk/predators6.asp Or call 020 7827 6134 for a conference brochure. Time is running out to take advantage of this essential information resource so make sure you book on SMi's Predators and Prey in the Power Sector today. We have a limited number of places available and registration is easy. To register online on our website http://www.smi-online.co.uk/predators6.asp, or call 020 7827 6134. We will confirm registration within 24 hours. LIQUEFIED NATURAL GAS 2001 5 - 6 February 2001, The Hatton, London Are you keeping up to date with the tremendous worldwide opportunities offered by LNG? Hear the latest strategic analysis of global LNG developments at SMi's Liquefied Natural Gas Conference LNG 2001. This event gives you the opportunity to join the sector early and to strategically align your company for optimum success. Why you should attend this event: LNG 2001 offers you the advantage of hearing from a leading international panel of experts at the cutting edge of LNG. This event will give you crucial commercial analysis of all the areas affected by the LNG chain from the producers, through the shippers to the customers. But that's not all, LNG 2001 is a time and labour saving way to ensure you gain insight into market potential before you competitors do. In just two days you can find about the emerging market trends and opportunities in LNG on a global scale. The high quality of our speakers means you can be confident of gaining insight from the experts. Some of the key speakers include; * Cesar Dias Ramos, Director, GNL do Nordeste Ltda * Akira Misaki, Manager New Business LNG Team No. 2, LNG Group, Kawasaki Kisen Kaisha (K Line) * Patrick Pope, General Counsel, SONAT * Dr Maizar Rahman, Director, Lemigas * Sveinung J. Stohle, General Manager Commercial, Nigeria LNG * Mustafa Gokman Cologlu, Planning Manager, IGDAS The full conference programme is available at http://www.smi-online.co.uk/lng4.asp Or call 020 7827 6134 for a conference brochure. ******YOUR FEEDBACK******** We hope you have found this weeks copy of E-News beneficial. We are always keen to receive your comments and ways you feel we could improve this service. mailto:feedback@smipublishing.co.uk Regards, Richard Nolan PLEASE FEEL FREE TO FORWARD THIS MESSAGE ON TO A FRIEND OR COLLEAGUE YOU FEEL IT WOULD BE OF INTEREST TO _________________________________________________________ This mail was not sent unsolicited if you would prefer not to receive information from us by e-mail please reply placing the word "Remove" as the subject _________________________________________________________ You are currently subscribed to MENA E-News as: [ klay@enron.com.]
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