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Oil - Upstream

Middle East Oil-upstream news, analysis, tenders, contracts awarded, commentary and data. Keep up to date by signing up to MEED's Oil & Gas newsletter. If you are not a subscriber but need access then subscribe to the region's leading business intelligence service now
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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

Kuwait

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

16 July 2014

Companies can bid for contract to treat oil spills

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

Project bids

Pipeline

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

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

Aramco extends deadline for Maintain Potential Programme

Aramco extends deadline for engineering deal Subscription

5 August 2014 | By

Bid deadline for Maintain Potential Programme is now 11 August

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

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

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

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

Onshore oil drilling

Foster Wheeler awarded Libya upstream design deal Subscription

20 July 2014 | By

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

NPCC and Petrofac lead UAE awards

NPCC awarded package one of Nasr field development Subscription

15 July 2014 | By

Local group considers remarkable run of contracts in Abu Dhabi offshore sector

Abu Dhabi energy awards 2009-2014

Consortium wins $2bn-plus contract on Nasr field Subscription

9 July 2014 | By

Relief for South Korean group with major award after long drought in Abu Dhabi offshore market

Kuwait Oil Company awards $2.3bn gas contracts Subscription

8 July 2014 | By

Petrofac, Dodsal Group and Larsen & Toubro awarded contracts for gas gathering centres

Updates

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

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

Kuwait

Bid submission delayed for Kuwait gas project Subscription

23 July 2014 | By

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

Oil exploration

Woodside buys stake in Morocco’s Doukkala Basin Subscription

10 July 2014 | By

Australian oil explorer Woodside Petroleum acquires a 25 per cent stake from Chariot

Oil facilities in Libya

Libya restarts El-Sharara oil field Subscription

9 July 2014 | By

National Oil Corporation says output will be ramped up

Latest Oil - upstream news

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 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

Current oil ouput

Iraqi Kurdistan oil sector curbs operations Subscription

14 August 2014 | By

At least eight foreign companies take precautionary measures and relocate personnel as Kurdish army clashes with Isis militants

An employee of US oil company Apache was shot and killed while at work in Egypt on 6 August

US oil worker killed in Egypt Subscription

11 August 2014 | By

American shot and killed in apparent carjacking

A consortium led by Gazprom has invited bids to drill six production wells at the Badra oil field in southern Iraq

Gazprom team tenders Badra oil well deal Subscription

10 August 2014 | By

Companies asked to bid for work on southern Iraq project by 26 September

Pipes

Kuwait announces bid submission date for injection pipeline project Subscription

7 August 2014 | By

Bids due in September for $250m project to build water pipelines

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

Kurdistan power map

Isis advances bring Kurds into conflict in northern Iraq Subscription

6 August 2014 | By

Islamists and Peshmerga clash at Mosul dam; humanitarian crisis in Yazidi town of Sinjar

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Oil upstream 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

Saudi Arabia’s oil exports are now expected to be higher than the original 2014 forecast

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

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

Yemen crude production

Unrest in Yemen to weigh on oil production Subscription

21 July 2014 | By

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

17 July 2014 | By

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

16 July 2014 | By

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

Filter all oil - upstream analysis by country

MEED commentary

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

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

Offshore oil

Saudi Aramco takes a breather Subscription

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 Subscription

29 May 2014

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

OIl

Abu Dhabi looks to secure future Subscription

22 May 2014

The UAE capital is by far the biggest spender in the region’s upstream sector, with $9.5bn of work awarded on its fields in the past two years

Oil

Firms line up for offshore work Subscription

15 May 2014 | By

It is clear the next five years will be a busy time for offshore contractors, and a highly competitive bidding process is expected to follow

Iraq

Iraq mine clearance slow to progress Subscription

10 April 2014

Iraq’s ban on land mine clearance companies indicates its increasingly difficult working environment

Iraq

Oil windfall yet to benefit Iraq's economy Subscription

6 March 2014 | By

Sectarian politics and prolonged violence are inhibiting foreign investment in Iraq’s industries

See all MEED commentary

Special reports

Oil and gas

Oil & Gas: Region invests in midstream infrastructure Subscription

30 October 2013

As the largest oil producing region in the world, the Middle East is responsible for ensuring populations across the globe are supplied with the energy they need

Oil

Oil & Gas: Outlook for international oil firms Subscription

12 September 2013

The role of international oil companies (IOCs) in the Middle East and North Africa (Mena) region is constantly changing

See all oil - upstream special reports

Data

Iraq oil production Subscription

3 November 2013

Oil production data, along with details on exports, flaring, supply to power stations, supply to refineries and associated gas production

Proven Oil Reserves

Country oil (billion barrels) % of world total
Algeria 12.2 0.7
Bahrain 0.6 0
Egypt 4.3 0.3
Iran 151.2 9.1
Iraq 143.1 8.7
Kuwait 101.5 6.1
Libya 47.1 2.9
Oman 5.5 0.3
Qatar 24.7 1.5
Saudi Arabia 265.4 16.1
Sudan 6.7 0.4
Syria 2.5 0.2
Tunisia 0.4 0
UAE 97.8 5.9
Yemen 2.7 0.2
b/d=barrels per day. Source: BP Statistical Review of World Energy. Proven reserves at the end of 2011

Oil production

Country 2009 2010 2011l
Algeria 1,762 1,762 1,729
Bahrain na na na
Egypt 736 730 735
Iran 4,249 4,338 4,321
Iraq 2,447 2,480 2,798
Kuwait 2,477 2,518 2,865
Libya 1,652 1,659 479
Oman 813 865 891
Qatar 1,345 1,569 1,723
Saudi Arabia 9,809 9,955 11,161
Sudan (unified) 475 465 453
Syria 401 385 332
Tunisia 83 80 78
UAE 2,750 2,867 3,322
Yemen 306 301 228
All oil figures are thousand barrels per day. Source: BP Statistical Review of World Energy. Production at the end of 2011

Companies

ConocoPhillips logo

ConocoPhillips Subscription

ConocoPhillips is an integrated energy exploration and production company and refiner of oil and gas offering consulting in the Middle East

Kufpec Subscription

The Kuwaiti firm is looking to raise the proportion orf the oil field assets it operates

See all oil & gas company profiles

People

Mustafa al-Shimali Subscription

7 January 2014

Mustafa al-Shimali is former oil minister, Kuwait

Mohammed al-Rumhy Subscription

7 January 2014

Mohammed al-Rumhy is oil and gas minister, Oman

Ahmed al-Sharyan Subscription

9 December 2013

Ahmed al-Sharyan is secretary-general, Noga

Abdulrahman Jawahery Subscription

5 December 2013

Abdulrahman Jawahery is president, Gulf Petrochemical Industries Company (GPIC)

Edward Hanley Subscription

5 December 2013

Edward Hanley is CEO and president, Tatweer Petroleum/Occidental Petroleum Bahrain

Abdel Khalil Almoayyed Subscription

5 December 2013

Abdel Khalil Almoayyed is chairman, Bapco

See all oil and 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

Yemen: Switchgear (8) Subscription

19 August 2014 | By

Supply of switchgear

See all oil - upstream tenders

Research reports

Mena Projects Report

Mena Projects Forecast & Review 2014

10 July 2014

A comprehensive forecast and assessment of the projects market in the region

See all MEED research reports

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The Abu Dhabi Conference

Abu Dhabi Conference 2014

An annual gathering of government and private sector leaders which enables discussions and updates on upcoming project and investment opportunities

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