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Oil & Gas

Oil & Gas market news

Pipeline

Iraq starts up Halfaya-Missan export pipeline Subscription

21 August 2014 | By

China-operated oil fields to export crude via Iraq’s Gulf port of Al-Faw

Oil rig

Sea Dragon Energy announces Egyptian farm-out Subscription

21 August 2014 | By

Independent operator IPR Energy Resources grabs a stake in Sea Dragon’s South Disouq concession

Refinery

Libyan oil output rises to 562,000 barrels a day Subscription

20 August 2014 | By

El-Sider oil terminal set to export first shipment of crude after militants took control in July 2013

Refinery

Kuwait delays New Refinery Project bid submission deadline Subscription

20 August 2014 | By

$1.1bn New Refinery Project package is pushed back by nearly two months

Mina al-Ahmadi refinery in Kuwait

Workers injured in Kuwait refinery fire Subscription

19 August 2014 | By

Fire breaks out at the Mina al-Ahmadi refinery

Yemen

Yemen and Kuwait discuss oil and gas cooperation Subscription

19 August 2014 | By

Yemeni officials hope for Kuwaiti investment to help revive flagging oil production

Gas flare

Mansouriya gas project halted on unrest in northern Iraq Subscription

18 August 2014 | By

Turkey/Kuwait/South Korea consortium pulls staff from Diyala province operations

Gas pipeline

Jordan plans to import Palestinian gas Subscription

18 August 2014 | By

A field off the coast of the Gaza Strip could provide Jordan with 30 per cent of daily consumption

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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

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

The local Gulf Spic General Trading & Contracting Company has submitted the low bid for Kuwait Oil Company's contract for maintenance services of production facilities in south Kuwait

Bids in for Kuwait oil maintenance contract Subscription

10 August 2014 | By

Gulf Spic General Trading & Contracting submits low bid at $115m

Pylon

Petrochina tenders power plant services at Halfaya operations Subscription

5 August 2014 | By

Companies asked to submit bids by 3 September for operation and maintenance deal

Project awards

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

Sonatrach signs $600m contract with Dodsal

Sonatrach signs $600m contract with Dodsal Subscription

23 July 2014 | By

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

Muscat, Oman

Mace awarded consultancy contract by Oman state refiner Subscription

22 July 2014 | By

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

Kuwait Oil Company awards $465m in rig contracts

Kuwait awards $465m in rig contracts Subscription

21 July 2014 | By

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

Updates

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

Offshore oil rig

Iran looks to develop joint venture oilfields Subscription

6 August 2014 | By

Islamic Republic looks to boost output of two fields in the Gulf it shares with Oman and Saudi Arabia

Dubai International airport

Dubai state oil firm received bids for airport fuel farm Subscription

3 August 2014 | By

At least five proposals submitted for fuel project at Dubai International airport

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

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

Middle East and north Africa oil and gas reserves

Hydrocarbon reserves of strength Subscription

23 July 2014 | By

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

Filter all oil & gas analysis by country

MEED comment

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

3 July 2014 | By

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

See all MEED commentary

Special reports

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

Illustration

GTL in Focus: Sasol and Shell explore new markets

3 December 2013 | Updated: 3 December 2013 | By Richard Nield

The success of Qatar’s Oryx GTL and Pearl GTL projects has led to a renewed interest in gas-to-liquid (GTL) investments, and the companies behind these plants – Sasol of South Africa and the UK/Dutch Shell Group – are now eyeing new opportunities in markets much further afield

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

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MEED events

Kuwait Projects 2014

Kuwait Projects 2014

Exploring project opportunities in the Kuwait Market

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