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.



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*****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********

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Regards,

Richard Nolan

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