A power plant on Cyprus. (J&P Group) LNG

Cyprus prepares to tender FSRU contracts

Cyprus is moving ahead with its plans to import LNG, even though previous projects have stalled.

By Verity Ratcliffe 26 July 2017
Companies & Finance

Delek establishes company for Tamar field spin-off

Israel’s Delek Drilling has established a company that will hold a 9.25% stake in the Tamar gas field and be listed on the Tel Aviv Stock Exchange.

23 June 2017
A Dana gas facility in Iraqi Kurdistan. The company has said its sukuk bonds are not sharia compliant. (Dana) Companies & Finance

Dana Gas Islamic bond saga could affect industry

Dana has said its sukuk bonds are not compliant with sharia law – a move that could have wide-ranging implications for Islamic finance.

23 June 2017
Supply & Demand

Iran starts gas exports to Iraq

Iran has started exporting gas to Iraq, according to an Iranian official.

22 June 2017
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.

22 June 2017
Alternative Fuels

Rosatom to make Jordan nuclear project FID this year

Rosatom is still planning to make an FID for a nuclear power plant in Jordan by the end of 2017.

21 June 2017
Pipelines, Storage & Power

Qatar in talks to supply India’s stranded power plants

India and Qatar are in talks over gas supply agreements to India’s stranded power plants.

21 June 2017
LNG

Qatari oil and gas can weather a blockade ‘forever’ – QP CEO

Qatar’s oil and gas industry is capable of weathering a blockade even if its lasts "forever", Qatar Petroleum Chief Executive Saad al-Kaabi has said.

21 June 2017
Companies & Finance

New crown prince of Saudi Arabia appointed

Saudi Arabia’s King Salman bin Abdulaziz Al Saud has appointed his son, Mohammed bin Salman, as crown prince, replacing the king’s nephew as first in line to the throne.

21 June 2017
Pipelines, Storage & Power

Turkey’s Botas invites bidders to prequalify for storage project

Turkish state-run oil and gas pipeline company Botas has invited companies to prequalify to bid for a contract to expand the Lake Tuz underground gas storage project.

21 June 2017
Exploration & Production

Energean submits Israeli field development plan

Greek exploration and production company Energean has submitted its development plan for the Karish and Tanin gas fields offshore Israel to the Israeli Petroleum Commissioner.

21 June 2017
Global Markets

Riyadh claims capture of Iranian forces heading for oil platform

Saudi Arabia claims to have captured a vessel carrying Iranian Revolutionary Guards armed with explosives that were heading towards the Marjan oil platform in the Gulf.

20 June 2017
Alternative Fuels

Russia still in talks on Saudi nuclear plans – Rosatom chief

Russia is still in negotiations with Saudi Arabia about a role in the country’s nuclear power programme, Alexei Likhachev, the head of Russia’s state-owned Rosatom, has told Interfax.

20 June 2017
LNG

Qatargas to deliver up to 1.1 mt of LNG to Shell for five years

Qatargas has signed a new sales-and-purchase agreement with Shell, the Qatari LNG supplier said in a note on Sunday.

20 June 2017
Exploration & Production

NIOC signs MOU with Eni on Iranian oil and gas fields

National Iranian Oil Co. and Eni have signed a memorandum of understanding for the development of the Kish gas field and the Darkhovin oilfield in southern Iran.

20 June 2017
Exploration & Production

Total to sign South Pars Phase 11 deal within two weeks – Pouyanné

Total expects to sign a deal to develop Phase 11 of Iran’s South Pars project within the next two weeks, Chief Executive Patrick Pouyanné has said.

20 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

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