Oil & Gas
Middle East oil & gas news and analysis, tenders, contracts awarded, commentary and economic data.
News
Duqm refinery to tender feed in first quarter
Refinery and petrochemicals complex back on track after announcement of new gas pipeline
Baghdad redraws oil pipeline plans
Exports through planned Iraq-Syria pipeline take focus
Qatar launches Laffan refinery expansion
Prequalification begins for second phase expansion scheme
Parsian Oil & Gas Development Company delays IPO
Iranian firm to float shares next week
BP considers Iraq gasoline import terminal
Planned gasoline facility could be built at Khor al-Zubair Free Zone in Iraq
Iran to start gas production from Salman field in March
Gas from Salman field to be used for Iranian domestic consumption
Comment
Syria is key in pipeline plan
Crude oil export pipeline via Syria means security and stability is vital
Analysis
Rewarding commitment to quality
On 21 May 2012, Abu Dhabi will host MEED’s Quality Awards for Projects 2012, recognising best practice in project delivery in a variety of sectors. Entry for the awards is now open
Irbil’s challenge to federal Iraq
The centralisation of oil contracts by Baghdad is being tested by ExxonMobil’s decision to deal with Irbil
Oman tackles its energy crisis
With dwindling oil reserves, the $15bn Khazzan development is leading the drive for gas
Libya oil production increasing at pace
Total national output should hit 500,000 barrels a day by year-end with relative ease
More than just an oil company
State oil firms are increasingly being used to capitalise on their good reputation to develop non-oil projects
Company Profiles
Khatam al-Anbia Construction Base
Sanctions have benefited the growth of the Revolutionary Guards subsidiary
Oil & gas Contacts
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)
Pietro Franco Tali
Pietro Franco Tali is CEO, Saipem
Hong-Pyo Kong
Hong-Pyo Kong is chief marketing officer, Samsung Engineering
Thom Orr
Thom Orr is vice-president of business development, Jacobs Engineering
Pierre Duhaime
Pierre Duhaime is president and CEO, SNC-Lavalin Group
Data
Oil and gas data
A look at oil and gas data from 1965 to 2011
Press Releases
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Kuwait Energy makes a new well discovery in the Western Desert in Egypt
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Moody's assigns A1 ratings to Dolphin Energy's new bonds; stable outlook
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FANR Radiation Safety Guide ready for use
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Masdar Institute's EO-ERS laboratory releases animated clipping on evolution of Abu Dhabi city
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Vice Chairman of Supreme Council of Energy receives delegation from Hong Kong-based Gatoson
Supplement
Pearl GTL sets the standard for region
Time and again over the past decade, Qatar has shown through a series of pioneering, world-scale projects its ambition and determination to establish itself as, not just a regional, but also an international leader
MEED Blogs
IEA cuts oil demand forecast for 2012
The Paris-based International Energy Agency (IEA) released its monthly oil market report on 18 January, reducing its 2012 global oil demand forecast, on the back of weak consumption at the end of 2011 and warns it may cut its estimates again.
Special Reports
Oil & Gas: Gulf refiners buy overseas assets
The days when the Gulf was content to rely on crude exports to fill state coffers are long gone
Tenders
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. | ||
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