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Oil & Gas News & Analysis

News

Cairo, Egypt

BP denies deal to restart $10bn Egypt gas project Subscription Required

25 July 2014 | By Wil Crisp

UK energy company says the West Nile Delta development remains on hold

Aramco starts Fadhili gas plant prequalification

Aramco starts Fadhili plant prequalification Subscription Required

23 July 2014 | By Kevin Baxter

Oil major plans to award three packages at estimated $3bn gas scheme by March 2015

Libya

Optimism increases over reopening of Libyan port Subscription Required

23 July 2014 | By Wil Crisp , Hassan Morajea

Key stakeholders meet in effort to reopen the oil terminal of Brega after it was shut by protesters on 12 July

Gas pipes

Jacobs awards management deal on Khazzan gas project Subscription Required

23 July 2014 | By Mark Watts

Contract includes management services on $2bn-worth of pipelines and production facilities

Kuwait

Bid submission delayed for Kuwait gas project Subscription Required

23 July 2014 | By Wil Crisp

New deadline set for companies looking to carry out gas unit overhaul at Al-Ahmadi refinery

CB&I wins $50m supply deal for Sohar refinery expansion

CB&I wins $50m deal for Sohar refinery expansion Subscription Required

23 July 2014 | By Mark Watts

US group to supply heaters and steam reformer for project in Oman

Sonatrach signs $600m contract with Dodsal

Sonatrach signs $600m contract with Dodsal Subscription Required

23 July 2014 | By Wil Crisp

Dubai-based engineering firm to build gas compression and reinjection facilities near Hassi Messaoud

Onshore oil

ExxonMobil declines Abu Dhabi onshore bid Subscription Required

22 July 2014 | By Mark Watts

Abu Dhabi expected to make final decision on onshore oil fields in early 2015

Refinery

Saudi Aramco starts Ras Tanura prequalification Subscription Required

22 July 2014 | By Kevin Baxter

Revised expansion of Saudi Arabia’s largest oil refinery expected to retendered in third quarter

Muscat, Oman

Mace awarded consultancy contract by Oman state refiner Subscription Required

22 July 2014 | By Mark Watts

UK group to provide contract services to hundreds on contracts in sultanate’s downstream sector

Algeria approves plan to boost oil and gas output

Algeria approves plan to boost oil and gas output Subscription Required

22 July 2014 | By Wil Crisp

National energy company Sonatrach plans to spend $100bn over five years

Oil pipelines from Saudi Arabia in Bahrain

Saudi Aramco to tender $350m Bahrain pipeline Subscription Required

22 July 2014 | By Kevin Baxter

Pipeline deal to build new link with Bapco refinery expected by the end of July

UAE gas volumes

Abu Dhabi tenders integrated gas packages Subscription Required

22 July 2014 | By Mark Watts

State gas processor invites companies to submit bids on offshore and onshore pipelines

Muscat, Oman

Oman tenders Muscat-Sohar pipeline Subscription Required

22 July 2014 | By Mark Watts

Proposed $200m infrastructure scheme to revamp sultanate’s refined products distribution

Kuwait Oil Company awards $465m in rig contracts

Kuwait awards $465m in rig contracts Subscription Required

21 July 2014 | By Wil Crisp

Sinopec and Kuwait Drilling Company win deals as country looks to ramp up oil production

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

Kuwait to award water injection deal soon Subscription Required

21 July 2014 | By Wil Crisp

Disparity between bids and project’s budget blamed for delays

Gas flare

Kuwait invites bids for new gas facility Subscription Required

21 July 2014 | By Wil Crisp

State oil company says gas sweetening plant is needed to meet production targets and reduce flaring

Oil rig

Maintenance management tender floated for Iraq oil field Subscription Required

21 July 2014 | By Mark Watts

Companies asked to submit bids by 10 August

Oil and gas rig

Shell Group abandons Qatar gas concession Subscription Required

21 July 2014 | By Kevin Baxter

UK/Dutch oil major Shell Group fails to find commercial levels of gas at offshore block

Foster Wheeler awarded Libya upstream design deal Subscription Required

20 July 2014 | By Wil Crisp

US engineering consultancy Foster Wheeler awarded contract as $800m Area 47 project is restarted after concerns about instability

Comment

Drilling

Abu Dhabi moves on oil concession

24 July 2014 | By Mark Watts

Bids submitted for Adco onshore operations, but major contender ExxonMobil has left the race

Drilling

Shale gas faces a tight fight

17 July 2014 | By Kevin Baxter

As Saudi Aramco further invests in exploiting tight gas reserves, shale gas is being put on the back burner

Refinery

Case grows for subsidy cuts in Saudi Arabia

10 July 2014 | By Kevin Baxter

If fuel subsidies are curbed and domestic consumption slows down, Aramco can use the new capacity it is building for exports

Blockade

Libyan rebels end oil port blockade

3 July 2014 | By Wil Crisp

Oil crisis seems to be at an end, but further disruption is likely and could see blockades return

Oil

Crude oil balance shifting to West

26 June 2014

The Middle East’s role as a global oil producer is diminishing as other countries increase their output

Iran

Geneva talks key to gas issue

26 June 2014

Whether Iran can solve the Gulf’s gas shortage depends on the outcome of the nuclear discussions scheduled to be completed on 20 July

Gasification

Aramco enjoys success at Jizan

12 June 2014

The firm has managed to trim $3bn off the Jizan plant’s tender prices, with construction now under way

Offshore oil

Saudi Aramco takes a breather

5 June 2014

Last year was comparatively quiet for the oil giant as it consolidated its position and made plans for the future

Oil

Oil sector starts to reawaken

29 May 2014

Doha is increasing oil activity, hoping to shield the country against the shale gas revolution

Analysis

Middle East and north Africa oil and gas reserves

Hydrocarbon reserves of strength Subscription Required

23 July 2014 | By Dominic Dudley

The Middle East remains a key source of hydrocarbons, but reserves are growing faster in other regions

Yemen crude production

Unrest in Yemen to weigh on oil production Subscription Required

21 July 2014 | By Wil Crisp

Increasing violence and shifting territories may force oil companies to cut investment

Rescue: Aramco took over the development of Jizan Economic City to prevent its failure

Saudi Aramco’s mission creep Subscription Required

17 July 2014 | By Kevin Baxter

The oil major’s influence is spreading as it proves itself to be a reliable client for Riyadh

UAE upstream

UAE upstream awards dominated by Petrofac and NPCC Subscription Required

16 July 2014 | By Mark Watts

Nasr award brings total National Petroleum Construction Company haul to $4.3bn since 2012

Limited potential: Development of Iran’s vast offshore South Pars gas field has been constrained by sanctions

Iran nuclear talks vital to regional gas crisis Subscription Required

26 June 2014 | By Andrew Roscoe

Tehran’s ability to solve the Gulf’s gas shortages hinges on whether a long-term nuclear deal can be reached

Iraq

Iraq violence is about money not religion

25 June 2014 | By Edmund O'Sullivan

The struggle for mastery of Iraq’s $20tn oil and gas reserves

Mena oil production 2013

Mena share of global oil production slips Subscription Required

24 June 2014 | By Mark Watts

Production drops in Libya, Iran and Syria as US output surges

Tunisia

Tunisia’s gas sector disappoints Subscription Required

24 June 2014 | By Richard Nield

Although a new deal signed on the Nawara field will help arrest the decline in Tunisia’s gas output, its other producing fields are still not performing to expectations

Oil offshore

Oil exporters put the brakes on spending Subscription Required

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

Oil prices and Middle East oil production

Stable oil prices expected in 2014 Subscription Required

11 June 2014 | By Kevin Baxter

Energy Information Administration forecasts average prices of almost $105 a barrel  

Iraq oil exports

Iraq starts up third floating export terminal Subscription Required

5 June 2014 | By Mark Watts

Baghdad bumps up exports from its southern oil fields; but northern sales grind to a halt

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