Vassiliko power station, Cyprus LNG

European Commission offers grant for Cypriot FSRU

Cyprus has won funding to buy an FSRU via the EU’s Connecting Europe Facility.

By Verity Ratcliffe 23 January 2018
Global Markets

Egypt pays $200 mln in arrears in January

Egypt paid $200 million in arrears to foreign oil companies in January, Finance Minister Amr el-Garhy has said.

22 January 2018
LNG

Oman LNG to supply 1 mtpa to BP Singapore

Oman LNG and BP Singapore have signed an agreement for 1 mtpa of LNG. The fuel will be supplied on a free-on-board basis for seven years.

22 January 2018
Exploration & Production

Basra Oil signs MOU with Orion for Nahr Bin Omar gas

Iraq’s Basra Oil has signed a memorandum of understanding with United States-based Orion to take gas from the Nahr Bin Omar field.

22 January 2018
Exploration & Production

Genel sees positive results from Kurdistan fields

Genel has posted positive results from its Bina Bawi and Miran West fields in Iraqi Kurdistan.

19 January 2018
National Iranian Gas Co. at the World Gas Conference 2015. Pipelines, Storage & Power

Iran ready to send more gas to Iraq

While Iran has nearly finished building the spur from IGAT-6 to the Iraqi border, delays on Iraq's side may hold up supplies.

19 January 2018
Exploration & Production

Chevron to restart drilling in Iraqi Kurdistan

Chevron will restart drilling for oil and gas at the Sarta 3 block in Iraqi Kurdistan “in the near future”, the company has said.

17 January 2018
LNG

EGAS planning LNG supply tender this month

Egyptian Natural Gas Holding Co. plans to launch a tender for LNG imports this month.

17 January 2018
Companies & Finance

Saudi Aramco sidelines UBS and Merrill Lynch for IPO

Saudi Aramco has not invited UBS or Bank of America Merrill Lynch to pitch for an advisory position on its stock market listing.

17 January 2018
Global Markets

Iraq rejects Kuwait’s piped gas price

Iraq has rejected the price proposed by Kuwait for piped gas, according to local media.

16 January 2018
Bu Tinah island off  the western coastline  of Abu Dhabi. Exploration & Production

Abu Dhabi awards offshore sour gas contracts

Abu Dhabi is looking to high-cost offshore sour gas fields to meet its future gas demand.

15 January 2018
Companies & Finance

Italy signs €5 bln credit agreement deal with Iran

Italy and Iran have signed a framework credit agreement for up to €5 billion, Italy’s Economy Ministry has said.

12 January 2018
Exploration & Production

Iraq qualifies five more companies for next licensing round

Iraq’s Ministry of Oil has qualified five more international companies to participate in its upcoming licensing round

12 January 2018
Exploration & Production

Middle East rig count ends 2017 on a high

The number of rigs targeting gas in the Middle East stood at 92 in December 2017, up by 4.5% from the previous month.

12 January 2018
The Greek Cypriot leader (left) and Turkish Cypriot leader (right) last year. Exploration & Production

New Cypriot governments, same challenges

The push for gas in Cyprus has kept the stakes high in the ever-fragile island reunification plan.

12 January 2018
Exploration & Production

Petroleb to explore Oman’s Block 57

Oman has signed a deal with Lebanon’s Petroleb for the company to carry out exploratory drilling in Block 57.

11 January 2018
Companies & Finance

Qatar Petroleum CEO in talks with Chinese majors

The president and chief executive of Qatar Petroleum, is heading to China to discuss energy cooperation with the country’s NOCs.

11 January 2018
Exploration & Production

Jacobs Engineering to work on BP’s Khazzan project

Jacobs Engineering Group will provide EPC services for Phase 2 of BP’s Khazzan project in Oman.

11 January 2018
Global Markets

Saudi Aramco seeks cheap loans ahead of stock listing

Saudi Aramco is trying to secure at least $5-6 billion in cheap loans before its stock listing.

10 January 2018
Exploration & Production

ADNOC awards FEED contracts for ultra-sour gas mega project

Abu Dhabi National Oil Co. has awarded two FEED contracts for its planned offshore ultra-sour gas mega project.

10 January 2018
Exploration & Production

Netanyahu pushed $20 mln gas deal through Knesset – son

A recording of Israeli Prime Minister Benjamin Netanyahu’s son suggesting his father helped push through a $20 billion deal for a gas tycoon has been aired in Israel.

9 January 2018

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