Oil & Gas News & Analysis
News
Aramco confirms Larsen & Toubro as Midyan winner
Indian contractor to execute gas project in northwest of Saudi Arabia
Kuwait replaces top executives in oil sector shake-up
Heads of Kuwait Petroleum Corporation’s subsidiaries replaced after sacking of CEO Farouk al-Zanki
Oman tenders Yibal phase three depletion compression project
Petroleum Development Oman invites companies to bid for estimated $300m gas scheme
Abu Dhabi government rejects onshore concession extension
Abu Dhabi National Oil Company to make quick decision on international partners for onshore fields
Algerian delay forces Petrofac to defer revenues
Work ceasing at its $1.2bn In Salah project in Algeria forces UK contractor to push back profit estimates
Libyan oil terminal forced to close after protests
Libyans demand National Oil Corporation makes good on job promises at Zueitina
Kuwait Petroleum Corporation chief sacked by government
Head of Kuwait Petroleum Corporation replaced in wake of $2.19bn payment to Dow Chemical
Al-Karaana prequalifies contractors for $6.4bn Qatar project
Joint venture of Qatar Petroleum and Shell plans two-packages for huge petrochemicals complex
Ava wins $84m drilling mud contract in Kuwait
Italian group to provide drilling mud products and engineering services for Kuwait Oil Company
NPCC wins first package on Umm al-Lulu field
UAE firm awarded estimated $800m deal on offshore Abu Dhabi field
Nasr offshore development tender pushed back
Contractors wait for Abu Dhabi oil field tender that was expected in April
Saudi Aramco restarts Yanbu joint venture
Facility reopens after maintenance shutdown
Chiyoda and CTCI confirmed for Ras Laffan condensate refinery
Japanese and Taiwanese companies will execute scheme
Umm al-Lulu package two hangs in balance after bid resubmission
Technip submits lowest revised proposal after Saipem disqualified from bidding process
Mashreq Petroleum signs $430m Egypt bunkering deal
Bunkering deal gives Mashreq Petroleum 25-year concession for 800,000 tonne facility at Port Said
Aramco tenders remaining Jizan gasification packages
Contractors have until mid-August to submit bids for $3bn-5bn project
Dana Gas revenues drop 20 per cent on Kurdistan outage
Gross revenue declined to AED557m from AED700m in the same period last year
India’s Essar frontrunner for Abu Dhabi condensate pipeline
Gasco prepares to award 110-kilometre Habshan-Ruwais condensate pipeline contract
Lebanon announces oil and gas discoveries
Offshore fields have potential reserves of 30 trillion cubic feet of gas and 660 million barrels of oil
Oman crude output drops 2.1 per cent in April
Exports marginally up as China represents almost half of total figure
Comment
Setbacks go on for Kuwaiti energy sector
The decision to replace several senior executives at state firm is another blow to the oil sector
Offshore schemes get under way
Abu Dhabi plans to significantly boost its offshore oil production capacity over the next five years
Riyadh turns to its top firms
Saudi Aramco and Sabic have solid reputations and proven track records in completing world-scale schemes
Pipeline gives Kurds an outlet
Establishing a crude pipeline with Turkey will free Kurdistan region from Baghdad’s influence
Arabtec to bid for bigger jobs
The joint venture with Samsung Engineering will focus on winning large-scale lucrative contracts
Abu Dhabi careful on low bidders
Saipem disqualified from an offshore oil deal in Abu Dhabi despite submitting the lowest price
Iraq must scale back ambitions
Baghdad should focus efforts on delivering a single project, such as the Nasiriyah refinery
Abu Dhabi’s push offshore begins
With several offshore oil fields set to move ahead in 2013, the UAE’s oil sector looks towards a bumper year
LNG terminal to offer flexibility
Liquefied natural gas imports will offer Riyadh a few years of breathing space to utilise its own resources
Critical year for Iraq oil sector
Seawater supply facility and crude oil export pipelines will be a strain on Oil Ministry’s management skills
Analysis
Saudi Arabia's diesel dilemma
As the kingdom stockpiles for the summer it has to ask itself if continued massive subsidies is the right way forward
UAE driving Mena oil and gas spending
Spending in second quarter looks likely to outstrip first as major offshore deals are awarded
The oil price balancing act in the Middle East
Middle East governments need even higher oil prices to help balance their state budgets
Commodity super cycle on verge of downward trend
Analysts predicting 2013-14 could be the start of lower prices for commodities such as oil and gas
Baghdad's first integrated refining project
Iraq hopes to make its first integrated refining project a model for further investment
Iraq Energy Projects 2013 conference round-up
MEED section editors Adal Mirza and Andrew Roscoe discuss the key highlights from this year’s Iraq Energy Projects conference
Shale gas threatens Gulf ambitions
Rapid expansion of petrochemicals capacity using cheaper feedstock is likely to come to an end
