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Editor’s note OUR COVER STORY this month examines the upcoming elections in Iraq. While Iraq has emerged from a flat 2013 by posting impressive export figures, any resulting instability may affect future project deliveries and difficult decisions will need to be made over the control of export revenue from the Kurdistan Region of Iraq. Elsewhere in this issue, the potential regional repercussions of the ongoing conflict between Ukraine and Russia are assessed, while the industry spotlight once again falls upon OTC in Texas and Middle East Petrotech in Bahrain.
Contents
Managing Editor: David Clancy
Columns
Conferences & Exhibitions
6
44
Executives’ Calendar
MENA Gas Exports Samuel Ciszuk examines whether the Ukraine-Russia crisis will make the EU a more attractive market for MENA gas exports.
14
48
Technology 52
58
24
64
Developments
Gas 30
32
Qatar
66
With Qatar developing its LNG resources, the country is now looking to open up new markets in Europe.
68
Increased consumption highlights the importance of natural gas production.
Coatings A look at the latest advances in coatings technologies.
Innovations Introducing some of the latest products for the oil and gas sector.
Oman
Arabic
Petrochemicals & Refining
4
News
38
7
Shale Gas
News
Advertising Sales Director: Pallavi Pandey Magazine Sales Manager: Camilla Capece +971 4 448 9260 +971 4 448 9261 camilla.capece@alaincharles.com International Representatives China
Ying Mathieson (86) 10 8472 1899 (86) 10 8472 1900 ying.mathieson@alaincharles.com
India
Tanmay Mishra (91) 80 65684483 (91) 80 40600791 tanmay.mishra@alaincharles.com
Nigeria
Bola Olowo (234) 8034349299 bola.olowo@alaincharles.com
South Africa Annabel Marx (27) 218519017 (27) 46 624 5931 annabel.marx@alaincharles.com UK
Steve Thomas (44) 20 7834 7676 (44) 20 79730076 stephen.thomas@alaincharles.com
USA
Michael Tomashefsky (1) 203 226 2882 (1) 203 226 7447 michael.tomashefsky@alaincharles.com
Rockwell Automation Rockwell Automation’s senior vice president and chief financial officer, Ted Crandall, speaks to Oil Review about the great business potential in the region.
A detailed round-up of the latest E&P news from around the region.
Publisher: Nick Fordham
Hot Tapping Pretect’s mechanical services manager for the Middle East, Steven Hague, discusses the benefits of hot tapping and related safety factors.
Exploration & Production
Editorial and Design team: Bob Adams, Prashant AP, Hiriyti Bairu, Lizzie Carroll, Andrew Croft, Ranganath GS, Rhonita Patnaik, Louise Quick, Ian Roullier, Genaro Santos, Zsa Tebbit, Nicky Valsamakis, and Ben Watts
Alaa For Industry An interview with AFI’s CEO, Brian O’Sullivan.
Iraq Oil Exports A look at who will control oil revenues generated from exports in the Kurdistan Region of Iraq, post-election.
OTC 2014 The must-attend event for the development of offshore resources returns to Texas.
Iraq Elections Iraq has started this year with impressive exports, but what is the outlook for Iraq during this potentially crucial election year?
20
Middle East Petrotech 2014 Investment opportunities never seen before are now on offer locally, according to the organisers of the region's largest downstream conference.
Analysis 10
Serving the world of business
Head Office: Alain Charles Publishing Ltd University House, 11-13 Lower Grosvenor Place, London SW1W 0EX, United Kingdom +44 (0) 20 7834 7676 +44 (0) 20 7973 0076 Middle East Regional Office: Alain Charles Middle East FZ-LLC Office 215, Loft 2A, P.O. Box 502207, Dubai Media City, UAE +971 4 448 9260, +971 4 448 9261 Production: Nathanielle Kumar, Donatella Moranelli, Nick Salt and Sophia White production@alaincharles.com Subscriptions: circulation@alaincharles.com Chairman: Derek Fordham
In Memory of David Clancy
Printed by: Emirates Printing Press, Dubai © Oil Review Middle East ISSN: 1464-9314
1956-2014 IT IS WITH great sadness that we have to report that David Clancy, editor of Oil Review Middle East, has died after a long battle with cancer. David had been with the company for 25 years providing high quality editing for Oil Review Middle East, Technical Review Middle East and other magazines before them. As a result of David's professionalism, knowledge and application, the titles have acquired a reputation for authoritative and pertinent content. Throughout his illness, David maintained his work output, fitting it in between his numerous sessions of unpleasant treatment. There can be few people who would show the same resolve. His expertise and guidance to others and his quiet sense of humour will be sorely missed. He leaves behind his wife, Antonia and two daughters. David Clancy 4
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Issue 3 2014
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