Oil & Gas
Middle East oil & gas news and analysis, tenders, contracts awarded, commentary and economic data.
News
South Korean refiners to stop importing Iran crude
SK Energy and Hyundai will stop importing at least 200,000 barrels a day from Iran
Dolphin Energy awards Rolls-Royce turbine deal
Deal for three turbines worth a total of $136m
Aker Solutions acquires Dubai’s NPS Energy for $350m
Norwegian group says takeover to strengthen its well intervention services in Middle East
At least three bid for Das Island flare gas scheme
Commercial deadline set for 16 June for offshore Abu Dhabi project
Kuwait delays deadline on major refineries project
Cut-off date for Clean Fuels Project prequalification pushed back to 4 July
Hyundai bids low for Kuwait oil field substations
South Korean firm expected to win elevated substation deal with $274m offer
Comment
Deep water oil exploration to test Aramco
Firm used to working in the warm shallow waters of the Gulf. It now plans to explore the oil-rich, deep waters of the Red Sea
Analysis
Riyadh Refinery
The plant produces about 30 per cent of the kingdom’s premium gasoline
Sulphur processing becoming inevitable for the region
As hydrocarbons become more sour, national oil companies need to adapt their downstream facilities
Egypt faces looming energy crisis after Israeli gas rift
Cairo must secure much-needed foreign investment to halt a steady deterioration of its capacity to export gas
Prequalification starts for Kuwait's refinery schemes
It is far from certain they will prove a success
Oil prices hide fiscal vulnerabilities
Relying on high oil prices could cause problems in the future for producing countries
Tenders
Company Profiles
Khatam al-Anbia Construction Base
Sanctions have benefited the growth of the Revolutionary Guards subsidiary
Oil & gas Contacts
Abdulaziz Atarji
Abdulaziz Atarji is general manager, strategic planning & investment development at Jubail
Ali Abuali
Ali Abuali is CEO, Sadara Chemical Company
Sami al-Mukhaizeem
Sami al-Mukhaizeem is director of localisation and clusters, new business development, Saudi Aramco
Gasem al-Maimani
Gasem al-Maimani is vice-president of plastics and packaging, National Industrial Clusters Development Programme
Khalid al-Faleh
Khalid al-Faleh is chief executive officer (CEO) and president, Saudi Aramco
Casey Choi
Casey Choi is president, SK Engineering & Construction (SK E&C)
Data
Oil and gas data
A look at oil and gas data from 1965 to 2011
MEED Events
Press Releases
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Mazoon Electricity Company reinforces its commitment to instill an energy-saving culture
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ACWA Power consortium named preferred bidder of BOKPOORT CSP IPP in South Africa
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Over 100 energy and water experts gather in Dubai for CWC's Global Water: Oil and Gas Summit
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APSCO Saudi Arabia signs Mobil oil distribution agreement with Wardieh Holdings in Lebanon
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Oryx Engineering Solution Centre officially opens and JV partnerships with ABB, AESSEAL and Transcar
Supplement
Iraq Projects: The race to restore economic prosperity
After years of conflict, Baghdad could see investors queuing up for work if it can promise them stability and security
MEED Blogs
Qatar's Shell move could trigger seismic shift
In 2009 Jeroen van der Veer, the then outgoing chief executive of the UK-Dutch supermajor Shell, gave a valedictory speech to Middle East oil industry executives at a conference in Abu Dhabi.
Special Reports
Oil & Gas: Qatar chases LNG demand in Asia
The global liquefied natural gas (LNG) industry has splintered into three very different markets over the past two years
Proven Oil Reserves
| Country | oil (billion barrels) | % of world total |
| Algeria | 12.2 | 0.9 |
| Bahrain | 0.6 | 0 |
| Egypt | 4.4 | 0.3 |
| Iran | 137.6 | 10.3 |
| Iraq | 115 | 8.6 |
| Kuwait | 101.5 | 7.6 |
| Libya | 44.3 | 3.3 |
| Oman | 5.6 | 0.4 |
| Qatar | 26.8 | 2 |
| Saudi Arabia | 264.6 | 19.8 |
| Sudan | 6.7 | 0.5 |
| Syria | 2.5 | 0.2 |
| Tunisia | 0.6 | 0 |
| UAE | 97.8 | 7.3 |
| Yemen | 2.7 | 0.2 |
| b/d=barrels per day. Source: BP Statistical Review of World Energy. Proven reserves at the end of 2009. | ||
