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Oil & Gas News & Analysis

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India's TERI prepares to ask for two-year extension to Kuwait oil spill clean-up contract

Al-Ghanim to sign oil clean-up contract Subscription Required

2 August 2015 | By Wil Crisp

Contract forms part of the $2.9bn Kuwait Environmental Remediation Project

Iraq oil

Leadership change at Iraq’s North Oil Company Subscription Required

30 July 2015 | By Wil Crisp

Director-general is removed amid a corruption investigation

Shell is finally pulling the plug on the South Rub al-Khali Company Limited gas joint venture it has with Saudi Aramco

Shell announces 6,500 job cuts Subscription Required

30 July 2015 | By Wil Crisp

Middle East and North Africa operations will be scaled back

State-owned upstream operator Kuwait Oil Company has launched a new prequalification round

Kuwait orders probe into oil ministry leak Subscription Required

30 July 2015 | By Wil Crisp

Leaked letter is likely to increase tensions between key oil sector officials

The planned water treatment and injection facility in Kuwait will include an effluent water treatment plant

Water centre in North Kuwait contract to be awarded Subscription Required

30 July 2015 | By Wil Crisp

Sources say the Kuwait Oil Company project will be awarded before September

Tank farm

Kuwait prepares to tender Matlaa depot Subscription Required

30 July 2015 | By Wil Crisp

Design is being finalised

Turkish soldiers position an anti-aircraft gun

Turkey oil pipeline attacked Subscription Required

30 July 2015 | By Hossam Abougabal

War in Syria continues to spill over into Turkey

Dynamic Industries has been awarded a long-term agreement by Aramco to provide services at offshore facilities

US firm confirms Saudi Aramco contract Subscription Required

29 July 2015 | By Mark Watts

Group is second company to announce long-term agreement for kingdom’s offshore fields

Kuwait $1bn gathering centre project to be tendered

Kuwait $1bn gathering centre project to be tendered Subscription Required

29 July 2015 | By Wil Crisp

Insiders say Kuwait Oil Company is planning to invite bids in the middle of 2016

Kuwait's Clean Fuels substation package on schedule

Kuwait's Clean Fuels substation package on schedule Subscription Required

29 July 2015 | By Wil Crisp

Sources say work is steadily progressing

Mina al-Ahmadi refinery in Kuwait

Kuwait to build 14 substations at refinery Subscription Required

29 July 2015 | By Wil Crisp

Tendering expected to start in late 2015 or early 2016

Contractors join forces for Aramco's Fadhili scheme

Bids submitted for Fadhili gas plant Subscription Required

28 July 2015 | By Mark Watts

Companies vie for largest Saudi hydrocarbons project out to tender in 2015

KNPC has officially announced its decision to retender package four of the Al-Zour New Refinery Project

Kuwait’s tenders committee told to proceed with Al-Zour contract awards Subscription Required

28 July 2015 | By Wil Crisp

Award process for refinery megaproject discussed at meeting on 27 July

Gas compressor

Kuwait revives Jurassic gas projects Subscription Required

28 July 2015 | By Wil Crisp

Schemes will be fast-tracked to make up for lost production in the Divided Zone

Fuel subsidies

Kuwait denies petrol price rise plans Subscription Required

27 July 2015 | By Edmund O'Sullivan

Government is studying the impact of subsidies

Sabic forms joint venture for chemicals production

Sabic profits continue falls Subscription Required

27 July 2015 | By Philippa Wilkinson

Petrochemicals giant investing in US shale gas

Enoc petrol pump

UAE adopts fuel deregulation policy Subscription Required

22 July 2015 | By Jennifer Aguinaldo

Policy to trigger short-term rise in gasoline prices

Contractors prepare bids on Saudi gas plant

Contractors prepare bids on Saudi gas plant Subscription Required

22 July 2015 | By Mark Watts

Proposals due on 27 July for biggest hydrocarbons project of the year

Deadline extended for Al-Zour refinery package

Al-Zour contracts to be awarded in August Subscription Required

22 July 2015 | By Wil Crisp

Kuwait’s oil minister says rapid progress on refinery megaproject is expected

Kuwait's Supreme Petroleum Council approves Al-Zour refinery

Kuwait's Supreme Petroleum Council approves Al-Zour refinery Subscription Required

21 July 2015 | By Wil Crisp

Last regulatory hurdle cleared for budget expansion at facility

Comment

Wil Crisp

Kuwait takes action on Al-Zour Subscription Required

16 July 2015 | By Wil Crisp

Budget decision increases confidence in the Kuwaiti oil sector

Richard Thompson

'Snap back' clause leaves deal exposed

14 July 2015 | By Richard Thompson

The talks to lift sanctions were tough. Implementation will be tougher still

Wil Crisp

Kuwait’s Al-Zour tactics backfire Subscription Required

9 July 2015 | By Wil Crisp

Retendering package four proves to be a costly mistake

Mark Watts

UAE oil and gas looks to stronger second half Subscription Required

7 July 2015 | By Mark Watts

Slump in contract awards could turn around on major deals in the pipeline

Wil Crisp

BG’s operations in Egypt could be cut in early 2016 Subscription Required

2 July 2015 | By Wil Crisp

The $70bn merger with Shell may spark a reduction in the UK company’s Egyptian activities

Kevin Baxter

Riyadh's quest to maintain oil supremacy Subscription Required

30 June 2015 | By Kevin Baxter

High production is Saudi Arabia playing to its strengths and nothing more

Wil Crisp

Value of Kuwaiti contract awards in danger of collapsing Subscription Required

23 June 2015 | By Wil Crisp

Dispute over oil company board members could return Kuwait to the era of inaction

Wil Crisp

No decision on Al-Zour six months after first bid Subscription Required

17 June 2015 | By Wil Crisp

Uncertainty on Kuwait projects increases contractor anxiety

Mark Watts

Baghdad-Erbil stalemate continues Subscription Required

16 June 2015 | By Mark Watts

Dispute over budgetary payments threatens Kurdish oil ambitions

Kevin Baxter

Aramco’s eye turns back to downstream Subscription Required

9 June 2015 | By Kevin Baxter

But it is probably not the start of capital spending in downstream schemes

Kevin Baxter

Where next for Opec? Subscription Required

9 June 2015 | By Kevin Baxter

A new era of diversity in supply is sending shockwaves through the organisation

Iraq’s Oil Minister Adel Abdul Mahdi (left) and Iran's Petroleum Minister Bijan Zangeneh

Opec sidesteps issue of Iran and Iraq crude glut Subscription Required

4 June 2015 | By Mark Watts

Cartel well exceeding quota as Tehran lays out plan to add significant exports

Analysis

Oman seeks interest in Duqm acetic acid plant

Governments turn to private sector for project funding Subscription Required

9 July 2015 | By Philippa Wilkinson

Sustained lower oil prices could push governments towards alternative lending models

GCC oil and gas contract awards 2009-15

Kuwait buoys slump in GCC oil and gas spending Subscription Required

8 July 2015 | By Mark Watts

Contract awards slow in key Middle East oil-exporting markets

Sum of GCC contract awards and Brent crude oil price

Saudi Arabia project awards resilient amid GCC decline Subscription Required

7 July 2015 | By Wil Crisp

GCC first-half contract awards fall by almost a third amid low oil prices

Libya oil facilities

Isis expansion threatens Libyan oil operations Subscription Required

5 July 2015 | By Wil Crisp

The outlook for Libyan oil exports is bleak, with Isis threatening key crude terminals against a backdrop of civil protests and disputes between the rival governments

Saudi Oil Minister Ali al-Naimi

Riyadh’s oil options Subscription Required

30 June 2015 | By Kevin Baxter

Riyadh has been criticised for maintaining high oil production levels of oil as prices have fallen. But it has few better options

While other Arab nations adopt firm stances on regional politics, Muscat is content to straddle the fence

Oman prepares to borrow to keep project programme on track Subscription Required

29 June 2015 | By Edmund O'Sullivan

Sultanate has more than $100bn-worth of schemes in the pipeline, but it needs banks and investors to finance at least part of this sum

An oil refinery in the Panhandle of Texas

US replaces Saudi Arabia as the world’s biggest oil producer Subscription Required

29 June 2015 | By Wil Crisp

The US records the world’s largest increase in oil production over 2014

Dispute increases uncertainty in Kuwait’s project market

Dispute increases uncertainty in Kuwait’s project market Subscription Required

29 June 2015 | By Wil Crisp

Kuwait Petroleum Corporation row could cause widespread disruption in the energy sector

The main casualty in Saudi Arabia will be large-scale downstream projects such as petrochemicals facilities and new oil refineries

Saudi defence spending rises while oil income drops Subscription Required

17 June 2015 | By Kevin Baxter

Even though low oil prices mean Riyadh will earn less hydrocarbons revenue, the authorities are still focused on increasing defence investment and maintaining social spending

Saudi Arabia army

MEED board report, June 2015 Subscription Required

15 June 2015 | By Richard Thompson

Key events and trends in the region over the past month and their impact on the outlook for the Middle East and North Africa

United front: Opec members confidently agreed to maintain current production levels, but the tactic could fall flat

Opec plays a dangerous game Subscription Required

9 June 2015 | By Kevin Baxter

Maintaining oil production levels could backfire for the oil producers’ group

Faulkner: Region cannot emulate US’ shale success

Interview: 'Fracking 2.0' driving down US shale costs Subscription Required

9 June 2015 | By Kevin Baxter

The growth of the US shale production industry is only just beginning, according to the head of Breitling Energy and ‘Frack Master’, Chris Faulkner

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