Oil megaprojects per years 2004

 This page summarizes projects that brought more than 20,000 barrels/day of new liquid fuel capacity to market with the first production of fuel beginning in 2004. This is part of the Wikipedia summary of Oil Megaprojects -- see that page for further details—and is maintained by the Oil Megaprojects task force. 2004 saw 24 projects come on stream with an aggregate capacity of 3.357 million barrels/day when full production was reached (which may not have been in 2004).

Detailed Project Table for 2004

Country	Project Name	Year startup	Operator	Area	Type	Grade	2P resvs	GOR	Peak Year	Peak	Discovery	Capital Inv.	Notes
OPEC
Algeria	Rhourde Oulad Djemma	10/2004	ENI				0.3		2005	80			[1][2][3]
Indonesia	Banyu Urip	2004	ExxonMobil				2.0			165
Indonesia	Belanak	2004	ConocoPhillips				2.0			35
Iran	Doroud	2004	Total						2006	85			[4][5]
Kuwait	Sabriya (GC23 Capacity Upgrade)	2005	KOC				4.3			65			[6][7][8]
Libya	Elephant NC-174	2/2004	Eni				0.760		2008	150			[9]
Qatar	Al Khaleej Ph 1	9/2004	ExxonMobil		NGL					40			[10][11]
Qatar	RasGas 3	2/2004			NGL					30			[12]
Saudi Arabia	Qatif Field/Abu-Safah	12/2004	Saudi Aramco							690			[13]
Venezuela	Hamaca Upgrader	8/2004	Chevron				2.0		2005	180		$3.8b	[14][15]
Non-OPEC
Angola	Block 15 Kizomba A (Chocalho; Hungo)	8/2004	ExxonMobil	ODW	Crude		1.0			250			[12][16]
Australia	Bayu-Undan	2004	ConocoPhillips						9/2004	200	1995		[15]
Brazil	Barracuda (P-43)	12/2004	Petrobras				0.770		2005	150			[17][18][19]
Brazil	Marlim Sul (FPSO-MLS)	6/2004	Petrobras				2.679			100			[18]
Chad	Bolobo	2004							2005	60			[12]
China	Caofedian	7/2004	Kerr McGee				0.7		2005	100			[20][21]
Syria	Oudeh	2004	Tanganyika							30			[22]
USA	Front Runner	10/2004	Murphy Oil	ODW	Crude		0.15 - 0.2		2005	60	2001		[23] [24]
USA	Llano	4/2004	Shell	ODW			0.04		5/2004	32	12/1998	0.215	[25]
USA	Glider	7/2004	Shell	ODW						20			[26]
USA	Magnolia	2004	ConocoPhillips				0.150		2005	50	1999		[27][28]
USA	Marco Polo (inc K2, Ghengis Khan)	7/2004	Anadarko							120			[29][1][30]
UK	GoldenEye	10/2004	Shell	OFF	Cond		0.135		2005	30			[12][31]
Yemen	East Al Hajr (blk 51)	2004	Nexen		Crude					25

Hong Kong Economic Times, Part 2

Other Business Segments of HKET Holdings

Apart from Printed Media business segment, HKET Holdings has diversified its business into Financial News Agency, Information and Solutions; Recruitment Advertising and Training; and Lifestyle Portals:
Financial News Agency, Information and Solutions

• ET Net: is Hong Kong Number One financial news agency. ET Net has obtained approval certificate to disseminate electronic financial news and information in Mainland China with reporters stationed in Beijing. Besides, ET Net has developed strategic partnership with financial information vendors in the Mainland, to further develop its quotation business in the market. Currently, it has offices or agents in Beijing, Shanghai, Shenzhen and Guangzhou. Its financial news website business ([1] and [2]) targets Hong Kong and Mainland China viewers respectively and also offers online advertising service. Besides, [3] is authorized by the HKEx to provide Free Real-Time Stock Quote Service to public investors.

• ET Wealth: Specializes in providing wealth management solutions and application with full-scale funds database, fund performance analysis tools and real time news and commentaries. ET Wealth has developed a total content-rich wealth management system for the banking, finance and insurance industry.

• ET Trade: Provides the financial market with a truly “One-stop-shop” solution that integrates front office trading system, back office settlement system and Internet trading system for banks and brokerage firms.

• EPRC: Electronic property information has been offered since 1991. EPRC currently provides comprehensive, user-friendly professional property information, direct marketing and solution businesses for professionals.

Recruitment Advertising and Training

• Career Times: Career Times recruitment weekly and its online version careertimes.com.hk has been launched to provide jobseekers and human resources professionals a comprehensive and interactive platform for job searching and recruitment purpose, targeting businessmen and executive. Career Times is the Market Number Two in recruitment classified advertising.

• ET Business College: Established in 1990, ET Business College specializes in different formats of training for business executives and professionals. Services offered include conferences and seminars, academic and professional courses, corporate training and consulting as well as Hong Kong Mainland China exchange programmes. Among which, educational programmes focusing on finance, investment, China business and management are the main specialties. Apart from co-operating with local universities, ET Business College also offers its own branded courses. Customers include large corporations and government departments.

Lifestyle Portals

• Health Smart: Being inaugurated on 28 February 2008, Health Smart aims to ride on an e-commerce platform to provide comprehensive health care services, from health supplements, personal health care products, organic snacks to professional health knowledge, to its membership base with over 120,000 HealthSmarters. The website, Health Smart facilitates the HealthSmarters with the latest health-related news update, convenient online shopping services and special online offers, at anytime in anywhere. Its core value "Spend Smart with Health Smart" is widely shared.

• TravelUSB: a travel portal for travel enthusiasts, was officially launched in October 2008. Featured with the latest tourist spots, hottest amusement news, around the world travelogues and travel blogs, and forum for like-minded travelers, TravelUSB.com is where travel begins.

• UFood: Launched in November 2008, Ufood.com.hk is a Web 2.0 dining info-site featuring a comprehensive restaurant directory, as well as various dining privileges, news and reviews from restaurant owners and web-users, complete with interactive features such as charts, forum, and voting zones.

 source : hket.com, Magazine Zone HK, HKET GROUP

 

Hong Kong Economic Times, Part 1

Hong Kong Economic Times, together with another financial newspaper, Hong Kong Economic Journal, are respected as “professional and serious newspapers” in Hong Kong. Both of them specialize in columns writing, political and economic analysis. However, HKET has not only diversified content into health, human resources, pop culture and etc in recent years, but also enhanced the use of color and image layout. Established with over two decades of history, HKET has well developed into a leading financial daily. Since 1997, HKET has won numerous awards in Hong Kong News Awards of the Newspaper Society of Hong Kong, in particular, embracing the Winner, the 1st Runner-up and the 2nd Runner-up in “Best Business News Reporting in the year of 1997, 1998, 2000 & 2003.
Unlike lots of financial media, HKET doesn’t strongly believe in free market and the invisible hand. They had repeatly asked the Hong Kong Government to intervene in the stock market during the 911 incident and 97 financial turmoil, while raising doubts and questions for the discussion of sales tax issue planned by the Government. The tax plan was eventually withdrawn in the controversy. In dealing with China-related political issues, HKET maintained relatively moderate stance while reporting the yearly commemoration of protests.


Hong Kong Economic Times, together with another financial newspaper, Hong Kong Economic Journal, are respected as “professional and serious newspapers” in Hong Kong. Both of them specialize in columns writing, political and economic analysis. However, HKET has not only diversified content into health, human resources, pop culture and etc in recent years, but also enhanced the use of color and image layout. Established with over two decades of history, HKET has well developed into a leading financial daily. Since 1997, HKET has won numerous awards in Hong Kong News Awards of the Newspaper Society of Hong Kong, in particular, embracing the Winner, the 1st Runner-up and the 2nd Runner-up in “Best Business News Reporting in the year of 1997, 1998, 2000 & 2003.
Unlike lots of financial media, HKET doesn’t strongly believe in free market and the invisible hand. They had repeatly asked the Hong Kong Government to intervene in the stock market during the 911 incident and 97 financial turmoil, while raising doubts and questions for the discussion of sales tax issue planned by the Government. The tax plan was eventually withdrawn in the controversy. In dealing with China-related political issues, HKET maintained relatively moderate stance while reporting the yearly commemoration of protests.

Hong Kong Economic Times

HKET, the leading financial daily in Hong Kong, adheres to the editorial principle of reporting and writing in a professional writing style, mainly focusing on Finance, Main news, Social and Mainland China news, Commerce & Trade, Property, Executive & Market, together with Entertainment, columns and leisure. In order to have first hand news reports on China’s political and economic issues, a reporter station is set up in Beijing. HKET's major readers are businessmen, executives, investors and professionals, middle class and etc with mission to provide updated, accurate information and impartial reporting. HKET is one of local newspapers mostly subscribed by secondary schools’ students.

Magazine Tied-in with HKET

• Money Times (Mondays) Specialized in providing information about stock market trends, wealth management, foreign exchange and funds. Financial experts giving tips for investment every week.
• Money Daily (Tuesdays - Saturdays) First-hand stock market hot talk, China stock analyses & all that stock market new-comers must know.
• IT Times (Wednesdays) Feature stories on IT development, e-Commerce applications and solutions.
• Career Times (Fridays) An English language recruitment print with numerous job vacancies. (Also for retail sale)
• Property Times (Saturdays) A property magazine with features and practical tips for transaction, interior design; also cover properties in the Mainland. (Also for retail sale)

hket.com

 

Other than the print version of HKET, hket.com also provides the digital edition of HKET with daily printed news and the past 3 years of news archive. hket.com is a practical and customized news website keeping readers abreast with first-hand and comprehensive information, together with various value-added functions. hket.com key features:

• e-paper – upload the whole print version of newspaper
• Mobile version (m.hket.com) – access daily contents anytime and anywhere
• Real time finance – update the latest market trend and movement
• Content customization – Pre-set desirable content showed on homepage
• My bookmark－bookmark favorites for easy retrieval and review

Printed Media Segment of Hong Kong Economic Times Holdings Limited

Apart from HKET, other publications under the printed media segment of the Group include:

• Take me Home (Fridays)

A district-based free weekly community newspaper introduced to the market in August 2005 featuring news and living pertaining to the district. Currently, the newspaper has a total weekly circulation of over 270,000 copies, covering 6 versions at HK E, HK CWS, Kln E, Kln W, N.T. E and N.T. W. Its website takemehome.com.hk has not only updated the current and past issues for archive retrieval, but also established members corner, voting zone, forum and jetso area.

• e-zone, a PC and digital magazine (Thursdays) (For retail sale)

e-zone is a mass market PC and digital gadget magazine that focuses on personal computer, software and hardware, peripheral devices, digital products and DIY. e-zone was spun off from HKET for total retail sale at newsstands in late 2003. It ranked Number One in the category of PC and digital magazines market.

• U Magazine, a lifestyle and leisure magazine (Fridays) (For retail sale)

Launched in Dec 2005, U Magazine is a stylish package focusing on quality living and quality thinking. It features Travel, Food and Life. U Magazine pioneered to introduce a multimedia travel report to let readers surf online as traveling on-the-scene. Besides, its on-line interactive platform, umagazine.com.hk, enables closer relationship & interaction with readers.

• iMoney, a financial retail weekly magazine (Saturdays) (For retail sale)

iMoney is the first Chinese financial retail weekly magazine of the Group, which was launched on 27 Oct 2007. Its contents focus on wealth management, together with innovative business, marketing gimmicks, workplaces, self-enhancement and etc. It targets at the brand new generation who is pursuing for authenticity, erudition and also affluence. iMoney is published every Saturday and bundled in 2 books. source : hket.com

Euro Pressured Lower

The dollar continues to trade higher against the euro, pushing the single currency lower toward the 1.2540-level while sliding versus the Canadian dollar to 1.0113. US equities were largely flat on the session while crude oil slid by 0.8% to just above the $75-per barrel level. Spot gold held steady near its all-time highs, easing up marginally by 0.4% to trade near $1,233.73 per ounce. Markets have been relatively calm following last week’s sharp spike in volatility but questions remain over whether the EU and IMF loan package will be sufficient in containing the sovereign-debt contagion in the Eurozone.

The data released this morning saw weekly jobless claims edge up higher than expected to 444k from an upwardly revised 448k in the previous week. Traders will turn to several key reports scheduled for release tomorrow consisting of April retail sales, industrial production, capacity utilization, business inventories and the University of Michigan consumer confidence survey. The advanced reading for the headline retail sales report is expected to increase by 0.2% in April compared with a 1.6% increase from March. The excluding automobiles retail sales figure is forecast to edge up by 0.4% versus 0.6% previously. Meanwhile, the April industrial production report is seen to increase by 0.7% compared with 0.1% from March while the capacity utilization report is estimated to increase to 73.8% versus 73.2% previously. Rounding out the reports will be the May University of Michigan consumer confidence survey is seen improving to 73.5 versus 72.2 from a month earlier.

The euro continues to struggle against the dollar as uncertainty lingers over long-term viability of the fiscal austerity measures and the loan bail-out package. The single currency is expected to remain under selling pressure over the coming sessions despite improving risk appetite.

Source : Forexnews.com (member), Korman Tam