Operational rigs in Middle East, East Med and Pakistan targeting gas in November 2017. Exploration & Production

Saudi Arabia leads drilling slowdown in Middle East

The number of operational rigs targeting gas across the Middle East, East Mediterranean and Pakistan fell marginally in November from the previous month.

By Tom Hoskyns 8 December 2017
Exploration & Production

IEC approves $8 billion sales and purchase agreement for Tamar gas

State-owned Israel Electric Corporation (IEC) has approved an $8 billion sales and purchase aggreeement with the Tamar partners to offtake 3 billion cubic metres of gas for 15 years.

19 December 2011
Exploration & Production

Kurds face uncertain future in the new Iraq despite Exxon deal

As United States troops completed their drawdown from Iraq in early December, ExxonMobil was engineering a surprise move to bolster its presence in the country

19 December 2011
Policy & Regulation

Dubai gas supply held hostage by low prices

Enhancing resource recovery in the UAE is hindered by low prices, and Dubai, with limited reserves on its own, relies on its neighbours to keep gas flowing. Analysts say there will be no choice but to up energy prices despite its political sensitivity.

16 December 2011
Companies & Finance

Qatar Petroleum and ExxonMobil close on $10.4 bln Barzan gas project

Qatar Petroleum (QP) and ExxonMobil have reached financial close on the $10.4 billion Barzan gas project, with a $7.2 billion project finance package included.

16 December 2011
Companies & Finance

Investment suffers after Arab Spring

The Arab Spring disrupted investor confidence in countries across the Middle East and North Africa, according to a report published on Thursday from consultants AT Kearney.

15 December 2011
Exploration & Production

Iraq to uphold Exxon’s West Qurna licence

Iraq’s central government will “for now” respect the contract signed with ExxonMobil to develop the West Qurna oilfield despite the company signing exploration agreements with the Kurdistan Regi

15 December 2011
Exploration & Production

Gulf Keystone to begin Iraq exports Q1 next year

London-listed Gulf Keystone expects to begin oil exports from its operations in the Kurdish region of northern Iraq in the first half of next year, the group’s Chief Operating Officer John Gerstenla

14 December 2011
Exploration & Production

Middle East unconventional gas is ‘not a game for small companies’

BP has lifted the estimated development cost for the Khazzan tight gas project in Oman to between $15 and $20 billion, up from an initial $15 billion, in line with an expected rise in drilling rig costs in the Gulf.

13 December 2011
LNG

Iran LNG: A glass two-thirds full

Iranian President Mahmoud Ahmadinejad called for the complete nationalisation of Iran’s oil industry in August. In reality, as the president of Iran LNG told Interfax, the country is very much open to foreign investment.

12 December 2011
Exploration & Production

Co-ordination between Iraq gas-gathering JV and oil field producers still to be ‘worked out’

While Shell’s gas gathering joint venture in Iraq was officially sanctioned by the oil ministry in November, exact details of how operators at the Rumaila, Zubair and West Qurna-1 oil fields will co-operate with the South Gas Company in making associated gas available still need to be fleshed out.

12 December 2011
LNG

Qatargas signs SPA with Chubu Electric and Shizuoka Gas

Qatargas signed a sales and purchase agreement (SPA) on Wednesday with Japanese companies Chubu Electric Power and Shizuoka Gas for an extra 200,000 tons of LNG per year.

7 December 2011
Exploration & Production

Kuwait’s energy programme due for revision

Kuwait Oil Company has fallen behind its output targets for the non-associated Jurassic gas fields. Unless it revises its attitude to foreign involvement in its oil and gas sector, LNG will be the onl

6 December 2011
Supply & Demand

World enters ‘zone of uncertainty’ – Shell

Regulatory and political concerns, as well as future supply and demand imbalances, have brought uncertainty to the energy market, Royal Dutch Shell’s Chief Executive Peter Voser told delegates at the World Petroleum Congress

6 December 2011
LNG

RasGas and CPC reach additional LNG supply deal

CPC Corporation, Taiwan's state-run oil and gas and company, has signed an additional LNG supply agreement with Qatari RasGas, the AP news agency reported on Tuesday.

6 December 2011
Exploration & Production

Gazprom Neft mulls participation in Iraq’s fourth licensing round

Gazprom Neft is thinking of bidding at the fourth licensing round for oil and gas fields in Iraq, Alexander Kolomatsky, the director of the company’s Badra project, said in an interview with Gazprom

6 December 2011
Pipelines, Storage & Power

Oman still ‘a long way off’ importing Iranian gas

Oman’s plans to start importing from Iran have stalled again. Oman is a “long way…from importing gas from anywhere," Mohammed Bin Hamad Al-Ruhmy, Oman’s minister for oil and gas, told Interfax at the sidelines of the World Petroleum Congress, in Doha, on Monday.

6 December 2011
LNG

PetroChina and QP focal to Shell’s long-term development

It is still vital for “IOCs [international oil companies] to have long-term relationships with core partners. [For Shell] QP [Qatar Petroleum] is up there, as is PetroChina,” Andrew Brown, executi

5 December 2011
LNG

Russia to supply Bahrain’s LNG import facility - Bahrain oil and gas minister

Russia will be one of the suppliers to Bahrain’s planned LNG import terminal, Abdul Hussain Bin Ali Mirza, Bahrain’s minister of oil and gas, told Interfax at the sidelines of the 20th World Petro

5 December 2011
Exploration & Production

Will new PM reform Kuwait’s energy programme?

Political infighting in Kuwait has stalled gas non-associated gas production plans, but will the appointment of a new prime minister bring reforms to the energy sector?

2 December 2011
Exploration & Production

Delek Group’s upstream activity drives Q3 profits

Delek Group, one of the shareholders in Israel’s giant Leviathan and Tamar gas fields, reported a net income of NIS 451 million ($120 million) in the first nine months of 2011, a 49% increase on the same period last year.

1 December 2011

About 2,496 article(s)

1 114 115 116 117 118 125