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

Iraq rejects Kuwait’s piped gas price

Iraq has rejected the price proposed by Kuwait for piped gas, according to local media.

16 January 2018
Bu Tinah island off  the western coastline  of Abu Dhabi. Exploration & Production

Abu Dhabi awards offshore sour gas contracts

Abu Dhabi is looking to high-cost offshore sour gas fields to meet its future gas demand.

15 January 2018
Companies & Finance

Italy signs €5 bln credit agreement deal with Iran

Italy and Iran have signed a framework credit agreement for up to €5 billion, Italy’s Economy Ministry has said.

12 January 2018
Exploration & Production

Iraq qualifies five more companies for next licensing round

Iraq’s Ministry of Oil has qualified five more international companies to participate in its upcoming licensing round

12 January 2018
Exploration & Production

Middle East rig count ends 2017 on a high

The number of rigs targeting gas in the Middle East stood at 92 in December 2017, up by 4.5% from the previous month.

12 January 2018
The Greek Cypriot leader (left) and Turkish Cypriot leader (right) last year. Exploration & Production

New Cypriot governments, same challenges

The push for gas in Cyprus has kept the stakes high in the ever-fragile island reunification plan.

12 January 2018
Exploration & Production

Petroleb to explore Oman’s Block 57

Oman has signed a deal with Lebanon’s Petroleb for the company to carry out exploratory drilling in Block 57.

11 January 2018
Companies & Finance

Qatar Petroleum CEO in talks with Chinese majors

The president and chief executive of Qatar Petroleum, is heading to China to discuss energy cooperation with the country’s NOCs.

11 January 2018
Exploration & Production

Jacobs Engineering to work on BP’s Khazzan project

Jacobs Engineering Group will provide EPC services for Phase 2 of BP’s Khazzan project in Oman.

11 January 2018
Global Markets

Saudi Aramco seeks cheap loans ahead of stock listing

Saudi Aramco is trying to secure at least $5-6 billion in cheap loans before its stock listing.

10 January 2018
Exploration & Production

ADNOC awards FEED contracts for ultra-sour gas mega project

Abu Dhabi National Oil Co. has awarded two FEED contracts for its planned offshore ultra-sour gas mega project.

10 January 2018
Exploration & Production

Netanyahu pushed $20 mln gas deal through Knesset – son

A recording of Israeli Prime Minister Benjamin Netanyahu’s son suggesting his father helped push through a $20 billion deal for a gas tycoon has been aired in Israel.

9 January 2018
Exploration & Production

Iraqi parliament votes to stop Kar Group production at Kirkuk

The Iraqi parliament has reportedly voted to request the Oil Ministry stop Kar Group from producing at the Kirkuk field.

9 January 2018
Companies & Finance

SOCO International eyeing merger with Kuwait Energy

SOCO International is evaluating a merger with Kuwait Energy, SOCO said in a statement on Monday.

9 January 2018
A drilling rig in Oman Exploration & Production

Omani licensing round draws newcomers

All four of the blocks on offer in Oman’s latest licensing round appear to have drawn bids, with interest high from companies new to the country.

9 January 2018
The first phase of BP’s West Nile Delta project in Egypt. Exploration & Production

Cairo keeps its options open as production booms

With a number of new fields starting up, Egypt is on course to become self-sufficient in gas over the coming years.

8 January 2018
Companies & Finance

Saudi Aramco becomes joint-stock company

Saudi Aramco was converted into a joint-stock company on 1 January in advance of its stock market listing later this year

8 January 2018
Alternative Fuels

PDO to power offices with solar energy

Petroleum Development Oman’s headquarters at Mina Al Fahal will be completely powered by solar energy by the end of the year,

5 January 2018
Kuwaiti offshore platforms Exploration & Production

Kuwait to tender offshore exploration contracts

Kuwait is hoping to offer more offshore concessions this year in a move that may be aimed at buoying up its long-term domestic and export needs.

5 January 2018
Companies & Finance

Saudi Aramco seeking advisers for asset acquisition plan

Saudi Aramco has invited financial advisers to submit proposals for a contract to advise on its plan to buy international gas assets.

4 January 2018

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