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Oil & Gas

Oil & Gas market news

Saudi Aramco offshore rig

Saudi Aramco evaluates engineering contract bids Subscription

2 September 2014 | By

Two companies are expected to be selected for Maintain Potential Programme

Sonatrach-run gas treatment plant in Algeria

Sonatrach announces 18 oil and gas discoveries Subscription

1 September 2014 | By

Algerian state oil company says total volumes discovered in 2014 expected to be comparable with 2013

Basra oil terminal

Gazprom Neft starts oil deliveries from Badra Subscription

1 September 2014 | By

Crude to be exported from Basra through Iraq’s pipeline network

Petrochemicals plant

Mott MacDonald wins Oman natural gas liquids plant design Subscription

1 September 2014 | By

Fahud project to extract products from pipeline gas to feed planned Sohar petrochemicals complex

Ship-building

Samsung Engineering in $2.5bn merger Subscription

1 September 2014 | By

One of the Middle East’s most active international contractors to join Samsung Heavy Industries

Refinery for petroleum products

UAE to provide Egypt with $9bn in oil products Subscription

1 September 2014 | By

Egyptian General Petroleum Company agrees a $9bn deal with Abu Dhabi National Oil Company

Fujairah

Gulf Petrochem eyes UAE downstream expansions Subscription

31 August 2014 | By

Fujairah bitumen refinery in the pipeline as Sharjah-based group’s revenue surges

Oil pipeline valves

Kuwait signs $2bn supply deal with Petron Subscription

31 August 2014 | By

Kuwait Petroleum Corporation will supply Petron with 65,000 barrels of Kuwaiti crude a day in 2015

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New projects

Oil pipes

Kuwait to tender $706m manifold project Subscription

13 August 2014 | By

Manifold project tender due to be issued in one to two weeks according to industry source

Aramco starts Fadhili gas plant prequalification

Aramco starts Fadhili plant prequalification Subscription

23 July 2014 | By

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

UAE gas volumes

Abu Dhabi tenders integrated gas packages Subscription

22 July 2014 | By

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

Kuwait

Kuwait to invite tenders for high-tech clean-up Subscription

16 July 2014

Companies can bid for contract to treat oil spills

Saudi Aramco to retender Ras Tanura in late 2014 or early 2015 Subscription

1 July 2014 | By

Front-end engineering and design being reconfigured to fit new scope of work for the Ras Tanura refinery clean fuels and aromatics project

Qatar to invest $11bn in developing offshore Bul Hanine oil field Subscription

19 May 2014 | By

State oil company to build new offshore production facilities to double capacity of asset

Egypt extends licence round bid deadline Subscription

4 May 2014 | By

Bids for oil and gas exploration deals for four regions in Egypt now expected for 3 July

Petronas tenders two new Iraq oil deals Subscription

28 April 2014 | By

Gas treatment plant and new central processing facility planned for Gharraf oil field in Iraq

Project bids

Refinery

Companies prepare Dubai propane storage bids Subscription

31 August 2014 | By

Dubai National Gas company to build pressurised storage facility in UAE

Malasia's Petronas

Petronas extends deadline on Gharraf tenders Subscription

24 August 2014 | By

Companies asked to bid on Iraq oil and gas facilities by end of September

Iraq oil exports

Petrochina tenders third phase of Halfaya oil development Subscription

19 August 2014 | By

Third central processing facility to boost Iraq field’s capacity to over 500,000 barrels a day

Oil rig

Saudi Aramco receives bids for $3bn Khurais expansion Subscription

18 August 2014 | By

Five packages now under evaluation for major upstream project in Eastern province of Saudi Arabia

Oil pipes

Kuwait to tender $706m manifold project Subscription

13 August 2014 | By

Manifold project tender due to be issued in one to two weeks according to industry source

KOC is expected to award the contract for the 3D seismic survey of Kuwait Bay in the coming weeks

Kuwait offshore survey award expected in third quarter Subscription

12 August 2014 | By

China’s BGP low bidder with price of $364.9m for Kuwait Bay contract

Gas flare

Ain Tsila design contract due in third quarter Subscription

12 August 2014 | By

Petroceltic says the Algerian $2bn gas field development project will see first gas in 2018

Rig

Halfaya project management bid deadline extended Subscription

10 August 2014 | By

Petrochina asks companies to submit bids on project management consultancy on 18 August

Project awards

Petrochemicals plant

Mott MacDonald wins Oman natural gas liquids plant design Subscription

1 September 2014 | By

Fahud project to extract products from pipeline gas to feed planned Sohar petrochemicals complex

Gasification

Aramco on verge of awarding Linde Jizan air supply deal Subscription

1 September 2014 | By

Scheme will involve some third-party ownership and is worth well in excess of $1bn

Refinery pipes

Al-Hassan wins $68m piping deal on Sohar refinery expansion Subscription

25 August 2014 | By

Local group awarded sub-contract by Petrofac/Daelim consortium

Kuwait Oil Company has signed contracts worth a total of $2.3bn for the construction of three gathering centres

Kuwait signs $2.3bn in gas project contracts Subscription

7 August 2014 | By

Gathering centre deal is set to help boost Kuwaiti hydrocarbon output

Sharjah in the UAE

Dolphin Energy plans gas pipeline to supply Sharjah Subscription

7 August 2014 | By

UAE group awards design deal to ILF Consulting Engineers and invites prequalification

Saudi Aramco has awarded India’s Essar Projects a contract for upgrade work for a crude stabilisation unit at its Abqaiq plant at the Shaybah oil field

Essar Projects wins Shaybah contract Subscription

5 August 2014 | By

Indian contractor to carry out upgrade work for Saudi Aramco at Empty Quarter oil field

Gas pipes

Jacobs awards management deal on Khazzan gas project Subscription

23 July 2014 | By

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

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

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

23 July 2014 | By

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

Updates

Gasification

Aramco on verge of awarding Linde Jizan air supply deal Subscription

1 September 2014 | By

Scheme will involve some third-party ownership and is worth well in excess of $1bn

Saudi Aramco's Khurais oil field in Saudi Arabia

Aramco shortlists four for Khurais package Subscription

1 September 2014 | By

Award expected by end of September after final commercial negotiations

Fuel oil refinery

No solution in sight for Egypt hydrocracker Subscription

20 August 2014 | By

Asyut Hydrogen Cracking Facility remains on hold due to contuned financing woes

Oil rig

Saudi Aramco receives bids for $3bn Khurais expansion Subscription

18 August 2014 | By

Five packages now under evaluation for major upstream project in Eastern province of Saudi Arabia

Workers on Kuwait's Clean Fuels Project are going to be mobilised in October, according to an industry source

October start for Clean Fuels Project site works Subscription

14 August 2014 | By

After years of delays, work is expected to begin on expanding Kuwait’s Mina al-Ahmadi and Mina Abdullah refineries

Saudi Arabian refinery

Yanbu refinery to start commissioning Subscription

13 August 2014 | By

Saudi Aramco joint venture to start operations in October

Tawke oil field in Iraqi Kurdistan

More Iraqi Kurdistan oil operations affected Subscription

12 August 2014 | By

Afren and Genel Energy operations in northern Iraq affected by growing unrest

Iraq

Iraqi Kurdistan oil sector hit by escalating violence Subscription

10 August 2014 | By

ExxonMobil, Chevron, Taqa and Oryx reducing upstream operations

Financing

Oil pipeline valves

Sudan receives $183m in pipeline transit fees Subscription

5 August 2014 | By

Oil minister says cash injection will boost Sudan’s foreign reserves

Algeria approves plan to boost oil and gas output

Algeria approves plan to boost oil and gas output Subscription

22 July 2014 | By

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

Orpic seeks $170m financing for pipeline project Subscription

21 May 2014 | By

Company also reviewing advisers for Liwa plastics scheme

Oil and gas EPC awards in Qatar

Spending to increase in Qatar’s oil sector Subscription

19 May 2014 | By

Bul Hanine and Idd e Shargi North Dome schemes to boost spending as gas moratorium remains in place

Orpic secures financing to support Sohar refinery project Subscription

5 May 2014 | By

Deal is one of the largest signed to-date in Oman

Oil & gas trends

Top 100 projects, Q2 2014

Top 100 projects index dips Subscription

14 August 2014 | By

Small fall in the total value of the Middle East’s biggest projects, but further pressure expected due to fighting in Iraq

Middle East contracts awarded July 2014

Middle East contracts awarded: July 2014 Video Subscription

11 August 2014

Over $8bn of contracts were awarded in July in the Middle East

Oil production

Saudi oil revenues expected to top $300bn Subscription

11 August 2014 | By

Strong oil prices coupled with sustained high production leads to upwards revision in forecast

Algeria natural gas net exports

The struggle to boost Algerian gas Subscription

6 August 2014 | By

Algiers is unlikely to be able to significantly increase exports in the short term, despite rising demand

Mostorod New Refinery Subscription

3 August 2014

Egyptian Refinery Company is building new hydrocracker and vacuum distillation units at the existing Mostorod refinery

Yanbu Export Refinery

Yanbu Export Refinery Subscription

3 August 2014

The refinery, jointly owned by Saudi Aramco and China Petrochemical Corporation, will have a capcity of 400,000 barrels a day

Middle East contracts awarded June 2014

Middle East contracts awarded: June 2014 Video Subscription

31 July 2014

Over $6bn of contracts awarded in June in the Middle East

Rigs operating in the Middle East and North Africa, June 2014

Middle East rig count on the rise Subscription

31 July 2014 | By

The region is now the world’s second-biggest market for operating oil rigs

Filter all oil & gas analysis by country

MEED comment

Gasification_xl

The real work now starts for Jizan

1 September 2014 | By

Riyadh needs to ensure region is an attractive proposition to investors

non-conventional gas

Aramco's $40bn plans could be tip of iceberg

28 August 2014 | By

The development of non-conventional gas and maintaining upstream assets will not be cheap

Libya

Recovery in Libyan oil exports

21 August 2014 | By

The country is further than ever from being able to form a unified military force to resist the militias

In Amenas gas facility in Algeria

Ukraine’s crisis is Algeria’s opportunity

7 August 2014 | By

Tensions between Europe and Russia revive a long-stalled gas project, but enthusiasm may turn out to be short-lived

Drilling

Abu Dhabi moves on oil concession

24 July 2014 | By

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

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

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 Subscription

3 July 2014 | By

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

See all MEED commentary

Special reports

Oil and gas

Middle East Oil & Gas report

31 August 2014 | By

The end of the boom for the energy market

Oil and gas

Oil & Gas: Kuwait and Iraq lead EPC awards

5 June 2014

New markets will increasingly be driving EPC spending in the coming years

Iraq

Iraq: Factional friction poses threat to security Subscription

6 March 2014

At MEED’s Iraq Energy Projects conference held in Dubai in February, gas was high on the agenda

Oil

Oil & Gas: Middle East lifts refining capacity Subscription

6 February 2014

Both companies and governments are investing in new refineries

Cover

MEED Yearbook 2014: Infrastructure spending drives economic rebound Subscription

5 January 2014 | By

Energy efficiency moves to the fore

See all oil & gas special reports

Oil & gas presentations

Dubai creek

Managing the Boom: The Outlook for the Middle East Subscription

23 July 2014

Opportunities and challenges for businesses in the region created by the new projects boom

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013

There are more than $220bn-worth of projects planned or under way in Qatar, as it pushes forwards with major infrastructure developments

Top 100 projects 2012

Top 100 projects: The Middle East market gains momentum Subscription

3 February 2013

This webinar examines projects market trends in the region and forecasts which countries and sectors will grow in 2013

See all webinars

Top 10 projects



Rank Project Name Country Contract value ($m)
1 South Pars Gas Field Development: Phases 19 to 21 Iran 9,000
2 South Pars Gas Field Development: Phases 17 & 18: Offshore Iran 7,000
3 West Ethylene Pipeline Iran 5,501
4 South Pars Gas Field Development: Phases 22 to 24 Iran 3,500
5 South Pars Gas Field Development: Phases 13 & 14 (Offshore) Iran 2,500
5 South Pars Gas Field Development: Phases 13 & 14 (Onshore) Iran 2,500
5 South Pars Gas Field Development: Phases 17 & 18 (Onshore) Iran 2,500
8 South Pars Gas Field: Phase 12 Onshore Gas Treatment
(Liquid Processing Plant)
Iran 2,125
9 Shah Gas Development - Gas Process Plant UAE 1,900
10 South Pars Gas Field: Phase 12 Onshore Gas Treatment
(Gas Processing Facility)
Iran 1,800
Click through to the full data table on the biggest oil & gas projects in execution
Click through to MEED's Q1 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2014

Projects trends

Gulf projects index

Iraq’s project market continues to slide as US steps up intervention Subscription

14 August 2014

The contraction in Iraq’s projects market weighed on the regional index for the Gulf as a whole

Gulf Projects Index

Dubai’s Mall of the World boosts index Subscription

17 July 2014

UAE and Bahrain are the outstanding markets of the week

See all Gulf Projects Index articles

Companies

Gasco

Abu Dhabi Gas Industries Subscription

Also known as Gasco, the company is a joint venture between the Abu Dhabi National Oil Company, Shell, Total and Partex

Adma-Opco

Abu Dhabi Marine Operating Company Subscription

Abu Dhabi Marine Operating Company, ADMA-OPCO in brief, is a major producer of oil and gas from the offshore areas of the Emirate of Abu Dhabi

See all oil & gas company profiles

People

Mazen Alami Subscription

27 July 2014

Mazen Alami is managing director, Middle East at Black & Veatch

Pradeep Dhal Subscription

20 July 2014

Pradeep Dhal is director oil & gas sales, Middle East and India at Black & Veatch

Dani Kabbani Subscription

25 June 2014

Dani Kabbani is managing partner of Eversheds Doha legal office

Wael Sawan

16 June 2014

Wael Sawan is managing director and chairman, Qatar Shell Companies

Thani Thamer Mohammad al-Thani

16 June 2014

Thani Thamer Mohammad al-Thani is deputy general manager, Qatar Shell

Abdulrahman al-Wuhaib Subscription

9 March 2014

Abdulrahman al-Wuhaib is senior vice-president downstream, Saudi Aramco

See all oil & gas biographies

Meet the analysts


Kevin Baxter
Energy and Industries Editor
Countries covered: Saudi Arabia, Bahrain, Qatar, Algeria

Phone: +971 (0)4 818 0246
Email: kevin.baxter@meed.com

Mark Watts
Energy and Industries Reporter
Countries covered: UAE, Oman, Iran

Phone: +971 (0)4 818 0248
Email: mark.watts@meed.com

Tenders

Qatar:Maintenance services for weather stations in Dukhan fields Subscription

28 August 2014 | By

Carrying out preventive and corrective maintenance services for weather services in Dukhan fields

See all oil & gas tenders

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MEED events

Kuwait Projects 2014

Kuwait Projects 2014

Exploring project opportunities in the Kuwait Market

See the MEED events calendar

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