A gas-fired power plant in Sharjah. (SEWA) Exploration & Production

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.

By Verity Ratcliffe 27 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) LNG

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
Companies & Finance

Sharjah court blocks action on Dana bonds pending review

A court in Sharjah in the United Arab Emirates has barred holders of bonds issued by Dana Gas from taking action against the bonds while it reviews Dana’s claims.

19 June 2017
Exploration & Production

Iran expects deal on South Pars Phase 11 soon – Zanganeh

Iran expects to sign a deal to develop Phase 11 of South Pars within the next few weeks, Iranian Oil Minister Bijan Zanganeh has been reported as saying.

19 June 2017
Pipelines, Storage & Power

Qatar will not cut supplies to UAE despite spat

Qatar will not stop gas supplies to the UAE through the Dolphin pipeline, Qatar Petroleum Chief Executive Saad al-Kaabi has said.

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

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
Companies & Finance

Saudi Aramco London listing in doubt

A difference of opinion has emerged in Saudi Arabia over where Saudi Aramco’s shares should be listed.

15 June 2017
Supply & Demand

Netanyahu meets Tsipras and Anastasiades to talk Med pipeline

Israeli Prime Minister Benjamin Netanyahu met his Greek counterpart Alexis Tsipras and Cypriot President Nicos Anastasiades in Thessaloniki on Thursday to discuss the prospect of Israel exporting gas to Europe.

15 June 2017
Exploration & Production

National Iranian Drilling Co. to invite bids for seismic profiling

National Iranian Drilling Co. will invite bids for a vertical seismic profile to be used to assess all offshore and onshore oil and gas fields in Iran.

14 June 2017
Gas for Transport

Qatar Petroleum signs agreement with Shell on bunkering

Qatar Petroleum has signed a framework agreement with Shell to jointly develop LNG marine bunkering infrastructure around the world, QP said in a statement.

14 June 2017
Companies & Finance

Dana expects halving of profit rates on $700 mln of Islamic bonds

Dana Gas expects the profit rates on $700 million of its Islamic bonds to have more than halved after they were found to not comply with religious law.

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

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

Qatar Petroleum moves to reassure customers

Qatar Petroleum has said the company and its subsidiaries have moved to mitigate the impact on its exports of the diplomatic spat with its Middle Eastern neighbours.

12 June 2017
Supply & Demand

Pakistan will still import Qatari LNG despite crisis – minister

Pakistan will continue to import LNG from Qatar despite the breakdown in diplomatic relations between Qatar and other states in the Middle East.

9 June 2017
Exploration & Production

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
An LNG tanker in Ras Laffan. The UAE has banned Qatari ships from its territory. (PA) LNG

Choppy waters ahead for Qatar’s LNG fleet

The dispute between Qatar and several neighbouring countries has resulted in some of its LNG cargoes being rerouted.

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

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
Exploration & Production

PDO signs Petrofac for Oman projects

Petroleum Development Oman has selected Petrofac for engineering, procurement and construction management support services for oil and gas projects in Oman.

8 June 2017
Global Markets

UAE hardens stance on Qatar

The Gulf diplomatic crisis continues, with the United Arab Emirates hardening its stance on Qatar while Turkey has lent Qatar its support.

8 June 2017
An LNG tanker approaches Ras Laffan, Qatar. The country has moved to reassure its Japanese customers. (Statoil) LNG

Qatar holds out for better terms from Japan

Qatar Petroleum has reassured its Japanese customers that the diplomatic spat in the Middle East will not affect LNG shipments, but tensions still remain over the terms of supply contracts.

8 June 2017
Qatar produced 30.2% of the world’s LNG in 2016. (Qatargas) LNG

Qatar rift leaves LNG to Egypt and UAE uncertain

The involvement of the UAE and Egypt in a diplomatic rift between Qatar and Middle Eastern states is set to affect LNG deliveries to the two countries.

7 June 2017

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