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Oil & Gas News & Analysis

News

Algeria plans 1,446km gas pipeline expansion

Algeria plans 1,446km gas pipeline expansion Subscription Required

19 April 2015 | By Wil Crisp

State-owned utility issues tender for consultancy services

Egypt election delays cause uncertainty over gas law

Egypt looks to establish gas regulator by August Subscription Required

19 April 2015 | By Wil Crisp

Source says hitting the deadline is dependent on new legislation

Offshore oil

Frontrunners emerge for long-term Aramco deal Subscription Required

19 April 2015 | By Kevin Baxter

Four contractors vying to be awarded engineering, procurement and construction contract

Opec oil output surges

Opec output surges Subscription Required

16 April 2015 | By Wil Crisp

Group pumped 30.79 million barrels a day in March

Yemen conflict

Kuwait oil institutions remain on alert Subscription Required

16 April 2015 | By Wil Crisp

Higher security is a response to the conflict in Yemen

Gas field

Petrofac shuts down Kerkennah gas field Subscription Required

16 April 2015 | By Wil Crisp

Tunisia field closed due to demonstrations

Burning refinery

Fire breaks out at Kuwait’s Mina Abdulla refinery Subscription Required

16 April 2015 | By Wil Crisp

State downstream operator says operational rates are still high

Oil well

Petrofac bids low on Kuwait manifold project Subscription Required

16 April 2015 | By Wil Crisp

UK-based firm submits price of $776m

Pipeline

Kuwait manifold bid deadline extended Subscription Required

16 April 2015 | By Wil Crisp

Contractors are told they have until 21 April to submit prices

Refinery

Fourth gas train yet to reach target production Subscription Required

16 April 2015 | By Wil Crisp

Kuwaiti official says the unit at Mina al-Ahmadi is not yet fully operational

Refinery

Kuwait to retender Al-Zour tankage package Subscription Required

16 April 2015 | By Wil Crisp

State downstream operator believes contractors could not justify high prices

Middle East and North Africa oil export growth

IMF cuts growth forecasts for Middle East oil producers Subscription Required

15 April 2015 | By Wil Crisp

Lower oil prices dampens economic outlook

Refinery

Bidders on Al-Zour New Refinery asked to renew bonds Subscription Required

15 April 2015 | By Wil Crisp

Low-bidder Saipem has allowed its bid bond to expire for package four

Gas

Companies prequalify for Algeria gas project Subscription Required

15 April 2015 | By Wil Crisp

Field development project is estimated to be worth $2bn

Refinery

State oil company requests bigger budget for Al-Zour Subscription Required

15 April 2015 | By Wil Crisp

Kuwait National Petroleum Company seeks permission to spend an extra $2.88bn

PDO production 2014

PDO raises production target Subscription Required

14 April 2015 | By Mark Watts

Oman’s top producer showing few signs of slowdown amid lower oil prices

Gas pipeline

Oman and Iran yet to decide gas pipeline route Subscription Required

14 April 2015 | By Mark Watts

Key infrastructure project stuck at pre-design stage; pricing will be left until end of construction

Rig

Only one Oman oil project shelved amid lower prices Subscription Required

14 April 2015 | By Mark Watts

Oil and gas minister says field developments will go ahead as planned

Gas field

No profit sharing on Egypt’s largest gas field Subscription Required

13 April 2015 | By Wil Crisp

BP and RWE will keep all profits from the field

Petcoke

Saudi Arabia refinery makes first petcoke shipment Subscription Required

13 April 2015 | By Kevin Baxter

Yasref complex in Yanbu continues to ramp up production to full capacity

Comment

Aramco consolidates offshore contracts

Aramco consolidates offshore contracts

19 April 2015 | By Kevin Baxter

Having long-term deals in place will allow the oil major to manage cash flow more efficiently

No sign of slowdown in Oman oil investment

No slowdown in Oman oil investment

14 April 2015 | By Mark Watts

Oil production still profitable, but sustaining national budget is a concern amid lower crude prices

Doha in Qatar

Optimism for Qatar amid uncertainty

7 April 2015 | By Wil Crisp

Steady growth forecast for Qatar’s economy

Refinery

Kuwait’s Al-Zour refinery negotiations at a critical juncture Subscription Required

31 March 2015 | By Wil Crisp

KNPC to decide on possible re-tender

Gas field

Qatar’s oil dilemma Subscription Required

31 March 2015 | By Kevin Baxter

It’s LNG and not oil that is Doha’s core business and it should be concentrating its efforts there

Kevin Baxter

South Korea builds closer GCC ties Subscription Required

30 March 2015 | By Kevin Baxter

Seoul wants to export more to the region

Kevin Baxter

Aramco programme looks to the future Subscription Required

29 March 2015 | By Kevin Baxter

Oil major ties up long-term engineering contract and calls time on ageing refinery

Wil Crisp

Kuwait could re-tender Al-Zour refinery Subscription Required

26 March 2015 | By Wil Crisp

Refinery negotiations reach critical point as state oil firm holds talks with contractors

Aramco calls time on Jeddah refinery

Aramco calls time on Jeddah refinery Subscription Required

17 March 2015 | By Kevin Baxter

Decommissioning the aged facility seems to be the right way to go, given the new refineries coming online in the kingdom

Refinery

Kuwait's Al-Zour refinery in danger of stalling Subscription Required

11 March 2015 | By Wil Crisp

Any new delays to the refinery project must be avoided

Saudi Arabia needs as much domestic gas as possible and this makes the Fadhili gas plant an essential scheme

Aramco’s commitment to gas Subscription Required

11 March 2015 | By Kevin Baxter

Fadhili plant essential for kingdom’s industrialisation plans

Kevin Baxter

Khurais field's future under threat Subscription Required

5 March 2015

Saudi Aramco will make decision when cost savings are established

Kevin Baxter

Aramco pushing ahead with Jizan refinery Subscription Required

5 March 2015

The $20bn investment is expected to drive growth in the remote area of Saudi Arabia

Refinery

Aramco’s selective spending Subscription Required

3 March 2015 | By Kevin Baxter

Oil major focusing on specific schemes is right strategy at this time

Refinery

Jizan turning the corner Subscription Required

24 February 2015 | By Kevin Baxter

Economic forum will bring renewed hope for the region

Erbil, capital of the Kurdistan region of northern Iraq

Shifting borders in northern Iraq Subscription Required

24 February 2015 | By Mark Watts

Isis has provided a smokescreen for power plays in embattled region

Kevin Baxter

Saudi Arabia's tight gas plans take shape Subscription Required

23 February 2015 | By Kevin Baxter

Saudi Aramco is committed to unconventional gas project in the kingdom

Analysis

Estimated Hydrocarbons production of top three producers

US remained world’s top oil and gas producer in 2014 Subscription Required

9 April 2015 | By Mark Watts

America is also top petroleum liquids producer after overtaking Saudi Arabia in 2013

Iran nuclear talks in Lausanne

MEED board report, April 2015 Subscription Required

8 April 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

US oil production

The impact of US shale oil on the Middle East Subscription Required

6 April 2015 | By Kevin Baxter

Cheaper production could spell disaster for many of the region’s conventional oil fields

Fujairah oil storage capacity

Fujairah oil storage continues rapid expansion Subscription Required

30 March 2015 | By Mark Watts

Capacity demand rises as traders hold stocks while crude prices stay low

Al-Maktoum International location

Boom in Egypt oil and gas project awards expected Subscription Required

23 March 2015 | By Wil Crisp

Contracts worth $37.2bn expected to be signed before the end of 2018

Average breakeven prices for non-producing assets, 2020

Saudi Arabia may use swing capacity to drive volatility Subscription Required

18 March 2015 | By Mark Watts

Higher volatility will prevent smaller producers entering the market, say analysts

Egypt attracts almost $100bn of investment deals

Egypt attracts $130bn of investment deals Subscription Required

15 March 2015 | By Robert Jones

Country seeks finance to rebuild infrastructure and kick-start economy

Jubail cover

Sadara Chemical is Jubail’s game changer Subscription Required

10 March 2015 | By Andrew Roscoe , Edmund O'Sullivan

The imminent opening of the Sadara chemicals project signals the start of a new era of growth for the city

Iraq oil exports 2014-15

Iraq oil exports hit 12-month high Subscription Required

10 March 2015 | By Mark Watts

Erbil claims it is not receiving budget payments despite boosting northern volumes

Jubail

Saudi industrial city developments progressing Subscription Required

9 March 2015

The kingdom is spending $11bn to develop downstream, housing and education facilities in the Eastern Province

UAE oil and gas contract awards with oil prices

Counter-cyclical oil spending unlikely to return in Abu Dhabi Subscription Required

2 March 2015 | By Mark Watts

Boom in contract awards during 2009 recession-led oil slump will not be repeated

Refined products sales

Saudi refining plan hinges on curbing subsidies Subscription Required

1 March 2015 | By Kevin Baxter

Kingdom aims to become world’s second-largest exporter of refined products

kirkuk

Kirkuk dispute to intensify Subscription Required

24 February 2015 | By Mark Watts

Erbil is determined to defend its control of the oil-rich province

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