Limassol, Cyprus. Total has installed an operations base at the port in preparation for drilling in Block 11. (PA) Exploration & Production

Cyprus centre stage in challenging East Med picture

The efforts of Israel, Lebanon and Turkey to develop their offshore resources could hinder Cyprus from tapping its own acreage.

By James Gavin 22 June 2017
LNG

Jordan’s NEPCO issues tender for two LNG cargoes

Jordan’s National Electric Power Co. has invited bids to supply two LNG cargoes for delivery in July and August.

1 June 2017
Companies & Finance

Dana seeking $26.5 bln in damages from Kurdistan

Dana Gas is seeking $26.5 billion in damages from the Kurdistan Regional Government, according to court filings in the United States.

1 June 2017
Exploration & Production

Iran and Gazprom sign agreement on Farzad B development

Iran has signed a non-binding agreement with Gazprom for the development of the Farzad B offshore gas field.

1 June 2017
Exploration & Production

SOCAR pulls out of Turkey

State Oil Company of Azerbaijan Republic has decided to abandon its exploration business in Turkey.

1 June 2017
LNG

Qatar Petroleum considers boosting LNG output

Qatar Petroleum is studying the potential for raising the capacity of its LNG trains.

1 June 2017
Exploration & Production

SDX strikes dry gas at South Disouq

SDX has struck dry gas with a well test at its recent discovery at South Disouq in Egypt.

1 June 2017
Exploration & Production

Iran launches tender for Azadegan field

Iran has launched a tender for the development of the Azadegan oilfield.

30 May 2017
Companies & Finance

Emirates National Oil Co. pays portion of Iranian debts

Emirates National Oil Co. has paid off some of its debts to Iran for oil and gas received before international sanctions were imposed.

30 May 2017
Exploration & Production

Total still set on South Pars deal by end of summer – Pouyanné

Total still plans to conclude a deal with Iran for the development of a portion of South Pars by the end of the summer, Patrick Pouyanné has said.

30 May 2017
Pipelines, Storage & Power

Energean signs supply contracts with Israeli power plants

Energean has signed contracts to supply up to 23 billion cubic metres of gas from its Tanin and Karish fields offshore Israel to Israeli power plants.

30 May 2017
An Iraqi army convoy heads to Mosul. Iraq's liberated areas need investment in power transmission and distribution. (PA) Pipelines, Storage & Power

Iraq seeks power investments for liberated areas

Iraq is seeking to improve power infrastructure in areas liberated from Islamic State, but its payment record is likely to be a stumbling block.

30 May 2017
Exploration & Production

Dana gas to restart Egyptian drilling following payments

Dana Gas will resume a limited drilling programme in Egypt, having received $70 million in back payments from the government.

26 May 2017
Exploration & Production

Saudi Aramco and NOV enter rig supply agreement

Saudi Aramco has signed a memorandum of understanding with National Oilwell Varco for a joint venture to manufacture rigs and equipment.

26 May 2017
Supply & Demand

OMV and ADNOC to cooperate on downstream projects

OMV and Abu Dhabi National Oil Co. have agreed to explore opportunities for cooperation in downstream projects, refining and petrochemicals.

26 May 2017
Exploration & Production

Oman Oil and Eni agree to oil and gas cooperation

Oman Oil Co. and Eni have finalised a memorandum of understanding to explore cooperation opportunities in the oil and gas sector.

26 May 2017
BP drilling at Egypt’s Atoll field. Production in the country is set to grow. (BP plc) Exploration & Production

Egyptian upstream boosts hopes for LNG exports

Confidence is growing in Egypt’s upstream sector as new developments start up and the country looks to switch from LNG importer to exporter.

26 May 2017
Companies & Finance

Oman’s PDO signs two compressor contracts

Petroleum Development Oman has signed three contracts worth $35 million with Omani firms for the supply and servicing of compressors.

25 May 2017
Companies & Finance

National Iranian Oil Co. owes OMV $48 mln – Pleininger

National Iranian Oil Co. owes Austrian oil and gas group OMV $48 million, according to OMV’s exploration and production chief, Johann Pleininger.

25 May 2017
Exploration & Production

ENOC creates dedicated E&P unit

Emirates National Oil Co. has created a dedicated exploration and production unit that it intends to use to expand its upstream business.

25 May 2017
Exploration & Production

SOCAR added to Iranian qualification list

Iran has added State Oil Company of Azerbaijan Republic to its list of companies qualified to seek oil and gas development contracts

25 May 2017

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