Verity Ratcliffe

Middle East & North Africa editor

Verity Ratcliffe joined Interfax in May 2015 from the BBC, where she wrote business and economics news. She previously covered power and renewable energy for Middle East Economic Digest for three years from Dubai and has written for the Financial Times and Bloomberg, among others.

Email: verity.ratcliffe@interfax.co.ukPhone: +44 (0)20 3004 6216
Sharjah is hoping to boost exploration. (Flickr/IrenicRhonda)

Sharjah prepares to attempt exploration boost

Sharjah is hoping to boost exploration in the emirate with the publication of a seismic survey, says Chief Executive Hatem al-Mosa.

14 July 2017

Abu Dhabi, Egypt and Oman boost Middle East drilling

The number of rigs targeting gas in the Middle East ticked up by only 1% in June, as gains in Egypt, Oman and Abu Dhabi offset a decline in activity in Pakistan.

14 July 2017
South Pars Phase 12. Qatar and Iran have considered unitising the field in the past. (Pars O&G)

Iran should consider unitising its border fields – expert

Unitising gas fields that straddle Iran’s borders could help it save money and promote geopolitical stability.

13 July 2017
Total CEO Patrick Pouyanné (left) meets Iranian President Hassan Rouhani. (PA)

Total deal unlikely to be scuppered by Iranian MPs

Opposition from some Iranian politicians to the deal to develop South Pars Phase 11 is unlikely to derail the project, analysts say.

12 July 2017
A Saudi Arabian gas processing plant. The country is boosting its gas output. (Saudi Aramco)

Saudi Aramco’s gas output hits ‘all-time high’

Saudi Arabia is making strides in increasing its gas output, with production booming in 2016.

11 July 2017
Source: Enagas, Snam Rete Gas, Interfax

African exports down as Italian volumes resume decline

North African pipeline exports to Europe fell by 4.9% week on week in Week 27 as a result of reduced deliveries to Italy.

11 July 2017
The Qatargas 4 LNG plant. IOCs are treading carefully in Qatar. (Shell)

Middle East states and IOCs tread carefully

Companies are having to work hard to uphold their contracts during the ongoing diplomatic row in the Middle East.

7 July 2017
A RasGas storage tank in Ras Laffan, Qatar. (PA)

Qatar bares its teeth with new production goal

Qatar Petroleum is planning to increase its LNG production by 30% by 2024, suggesting Doha is taking a more aggressive approach to maintaining its share of the global LNG market.

5 July 2017
Source: Enagas, Snam Rete Gas, Interfax

Recovery in Italian volumes sees African exports grow

North African pipeline exports to Europe rose by 16.7% week on week in Week 26 as deliveries to Italy bounced back to hit their highest levels for six weeks.

4 July 2017
The new fields will help Israeli buyers reduce their dependence on the Tamar field. (Transocean)

Israel delays licensing in hope of more IOC interest

Israel has delayed its first offshore licensing round to give IOCs more time, but this may deter those already interested.

30 June 2017
A gas-fired power plant in Sharjah. (SEWA)

Sharjah attempts upstream oil and gas revival

Sharjah hopes to attract IOCs to its acreage with a high-detail survey that aims to discover reserves that have previously been missed.

27 June 2017

Lower Italian deliveries cut Africa-Europe pipeline flows

North African pipeline exports to Europe dropped by 3.4% week on week in Week 25 as deliveries to Italy continued to fall.

27 June 2017
A Dana gas facility in Iraqi Kurdistan. The company has said its sukuk bonds are not sharia compliant. (Dana)

Dana Gas Islamic bond saga could affect industry

Dana has said its sukuk bonds are not compliant with sharia law – a move that could have wide-ranging implications for Islamic finance.

23 June 2017
A gas-fired power plant in Sharjah. The emirate is looking to install an FSRU to boost its supply of the fuel. (SEWA)

Sharjah targets FID for FSRU by end-2017

Sharjah wants its first FSRU to start up as soon as possible in a bid to deal with gas shortages that have caused blackouts in the emirate.

20 June 2017
Source: Enagas, Snam Rete Gas, Interfax

Italian volumes fall as Spanish deliveries rebound

North African pipeline exports to Europe fell by 2.9% week on week in Week 24, driven by lower deliveries to Italy.

20 June 2017
The services base in Limassol in southern Cyprus is ready for Total to use. (Flickr/US Navy)

Total to drill in Cyprus now services base ready

The services base in Limassol in southern Cyprus is ready for Total to use, which could see exploration begin within weeks.

16 June 2017
A Qatargas LNG plant. Qatar’s vessels have been banned from docking at some Middle Eastern ports. (Qatargas)

Qatar rift has limited impact on LNG market so far

Shipping routes for Qatari LNG remain open despite the dispute, with Doha saying it is ‘business as usual’ for its seaborne gas exports.

14 June 2017

Spanish volumes cut African pipeline deliveries

North African pipeline gas exports to Europe fell by 1.7% in Week 23 from a week earlier as a result of lower deliveries to Spain.

13 June 2017

Middle East rig count up as UAE targets growth

The number of rigs targeting gas in the Middle East rose by 4.3% in May from the previous month, to 98.

9 June 2017
Iran’s newly re-elected President Hassan Rouhani is making good on his promise to boost gas pipeline access. (PA)

Rouhani’s push to improve domestic pipeline access

Iran’s IGAT-7 pipeline is back on the agenda as the government works to bring gas to cities in the country’s southeast region.

9 June 2017

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