Operational rigs in the Middle East targeting gas in August 2017 Exploration & Production

Kuwait, Pakistan drilling balances drop elsewhere in Middle East

The number of rigs targeting gas fell in Oman and Egypt in August, but rose in Kuwait and Pakistan.

By Verity Ratcliffe 15 September 2017
Exploration & Production

Isolated Iran talks up Gulf gas deals

As the US and EU tighten sanctions against Iran, Tehran looks to strengthen relations with its Gulf neighbours through the development of shared gas fields.

10 February 2012
Exploration & Production

SK Innovation to bid in Iraq’s fourth fourth licencing round

South Korea’s SK Innovation will be allowed to participate in Iraq’s fourth licensing round after selling its stake in the Basian oilfield in the Kurdistan Region of Iraq (KRI).

10 February 2012
LNG

Kogas to import additional 2 mtpa from Qatar

Qatar's RasGas has agreed to sell South Korea's Korea Gas Corp (Kogas) an additional 2 million tons per annum of LNG over the next 20 years starting in 2013. RasGas will also supply incremental medium term volumes to Kogas from 2012 to 2016.

10 February 2012
Companies & Finance

Total eyeing Kurdistan

Total is eyeing a move into the Kurdistan Region of Iraq but has not yet signed any contracts, the group's Chief Executive Officer Christophe de Margerie told reporters at the company’s 2011 results briefing.

10 February 2012
Companies & Finance

Dolphin closes upscaled bond refinance

Abu Dhabi-based Dolphin Energy has launched a $1 billion bond deal to market, and expects to increase the total amount by up to $300 million.

10 February 2012
Exploration & Production

Naftofaz signs agreement with GANOPE and Egypt Oil Ministry

Ukraine's national oil and gas company Naftogaz Ukrainy, Egyptian state-owned company Ganoub El-Wadi Petroleum Holding and the Egyptian Oil Ministry have signed a concession agreement for the development of two oil and gas blocks, Wadi Mahareeth N8 and N9, in the Eastern Desert of Upper Egypt.

9 February 2012
Companies & Finance

Gulf Keystone appoints Strand Hanson and Perrela Weinberg advisers

Gulf Keystone has appointed Strand Hanson Limited and Perella Weinberg Partners UK as joint corporate advisers in the sale of the company’s 20% interest in the Akri-Bijeel oil and gas block in the Kurdistan Region of Iraq.

9 February 2012
Companies & Finance

Dolphin Energy lines up $1 billon bond issue

Abu Dhabi’s Dolphin Energy plans to raise $1 billion from a bond issue, a spokesperson for Mubadala, a 51% shareholder in the company, told Interfax on Thursday.

9 February 2012
Exploration & Production

Delayed fourth licensing buys time for Iraq

Last week, Iraq postponed its fourth oil and gas licensing round for the second time this year. The Petroleum Contracts and Licensing Directorate pushed the auction back by six weeks to 30-31 May to allow participating oil companies to assess the latest changes to the contract model.

8 February 2012
LNG

Noble to bring in export partner this year

Texas-based Noble Energy is hoping to bring in a partner to develop its proposed LNG liquefaction plant in the East Mediterranean within the next six to nine months.

8 February 2012
Policy & Regulation

Kuwaiti political friction will hold back reform

Following the parliamentary elections in Kuwait on 2 February, friction between the elected parliament and the appointed government will continue to weigh on the reform agenda and hamper political effectiveness, Fitch Ratings said in a statement on Tuesday.

7 February 2012
Global Markets

US tightens Iran sanctions

The White House tightened sanctions against Iran on Monday which would effectively cut off the sale of Iranian oil by hindering the means of payment.

7 February 2012
Exploration & Production

INA withdraws staff from Syria but continues gas production

Croatian energy company Industrija nafte (INA) withdrew most of its employees from Syria in late January as the country’s security situation deteriorates.

7 February 2012
LNG

Qatar Shipping to buy stakes in LNG carriers

Qatar’s Milaha subsidiary Qatar Shipping Company is to buy a 15% stake in two LNG Carriers: Maersk Ras Laffan and Maersk Qatar.

6 February 2012
Exploration & Production

‘Strong signs’ of gas found offshore Israel

Noble Energy has found “strong signs” of gas at the Tanin 1 well offshore Israel, the company’s license partner Delek Group said in a press release on Sunday.

6 February 2012
Pipelines, Storage & Power

Egyptian supplies to Jordan stop

All Egyptian gas supplies to Jordan have stopped after a bomb attack in the north African country, Jordan’s Minister of Energy and Mineral Resources Qutaibah Abu Qura told the state-owned Petra news agency on Sunday.

6 February 2012
Supply & Demand

Turkmenistan cuts gas exports to Iran

Turkmenistan has cut gas exports to Iran by 50%, from 20 MMcm/d to 10 MMcm/d, Iranian mass media have reported.

6 February 2012
Pipelines, Storage & Power

Iraq braces to meet power supply shortfall

Power generation in Iraq still trails painfully behind peak summer demand, however promises by the government to address bureaucracy and invest in the country’s transmission and distribution infrastructure, coupled with the prospect of new gas supplies, could help redress the supply shortfall this year

6 February 2012
Exploration & Production

Petroceltic expects to secure sales contract for Isarene

UK-listed Petroceltic expects to secure a gas sales contract for the Isarene permit in Algeria by the middle of this year, Chief Executive Brian O’Cathain told Interfax on Friday.

3 February 2012
Supply & Demand

Qatar plans shut-in should Iran shut the Strait

Qatar is drawing up a contingency plan for a shutdown of production at its LNG plants should Iran close the Strait of Hormuz, a senior oil official in the emirate told Dow Jones on Thursday.

3 February 2012

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