Drilling offshore Egypt Exploration & Production

EGAS seeks to tap into Zohr effect with licensing round

The company is planning another licensing round in Egypt as it looks to capitalise on the interest generated by Eni’s Zohr discovery.

By James Gavin 16 February 2018
Global Markets

Syrian and Russian energy ministers meet for talks

Russian Energy Minister Alexander Novak has held a meeting with Syrian Petroleum and Mineral Resources Minister Suleiman al-Abbas.

6 February 2018
Global Markets

Trump comments stymie Iran oil and gas deals – Zanganeh

Comments made by United States President Donald Trump have stymied progress on oil and gas deals in Iran, according to Iranian Oil Minister Bijan Zanganeh.

5 February 2018
Pipelines, Storage & Power

Iran considering legal action over Pakistan interconnector delays

The Iranian Oil Minister has suggested his country could take legal action against Pakistan for delays to the planned pipeline connecting the two countries.

5 February 2018
Israeli Defence Minister Avigdor Lieberman. Exploration & Production

Israel-Lebanon tensions mount over disputed territory

Diplomatic tensions between Israel and Lebanon have risen over the exploration of offshore blocks in disputed areas.

2 February 2018
Global Markets

Hezbollah pledges to defend Lebanon’s oil and gas rights

Political and militant group Hezbollah has said it will defend Lebanon’s oil and gas rights after Israel urged companies not to work in the Lebanese energy sector.

1 February 2018
LNG

Egypt to end LNG imports early

Egyptian Petroleum Minister Tarek el-Molla has said his country wants to stop importing LNG by June 2018 rather than the end of the year.

29 January 2018
Israeli PM Benjamin Netanyahu (left) and Indian PM Narendra Modi. Exploration & Production

Indian bids for Israeli acreage remain in limbo

Israel awarded five offshore licences from its first licensing round earlier this month, but the Indian consortium that took part has yet to make progress on its bid.

29 January 2018
Exploration & Production

Egyptian oil and gas output rises in November 2017

Egypt’s oil and gas production increased to a record 5.83 mtoe in November 2017 compared with 5.45 mtoe in November 2016.

26 January 2018
An FSRU vessel LNG

Lebanon presses on with FSRU plan

There is strong interest in installing FSRUs in Lebanon, but the country’s refusal to take on the infrastructure and supply risk may put off investors.

26 January 2018
LNG

KOTC signs $213 mln contract for three new LNG tankers

Kuwait Oil Tanker Co. has signed a $213 million contract with Hyundai Heavy Industries for three LNG tankers.

25 January 2018
Companies & Finance

Iran negotiating 28 oil and gas contracts with foreign companies

Iran is engaged in negotiations with foreign companies for around 28 oil and gas contracts, Amir Zamaninia has said.

25 January 2018
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.

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

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