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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

Kuwait Oil Company has issued a tender for a project to construct a water treatment centre in North Kuwait

Kuwait tenders water treatment centre Subscription

22 October 2014 | By

Processing plant to be located in North Kuwait

Aramco raw gas to gas plants and Saudi gas consumption

Saudi Aramco prequalifies tight gas contract Subscription

4 September 2014 | By

State-owned oil major pushes ahead with non-conventional project in north of kingdom

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

Project bids

Offshore security

Saudi Aramco plans first award for $1bn offshore security contract Subscription

18 November 2014 | By

Dutch/Vietnamese shipbuilder favourite for $180m patrol vessels contract

Pipeline

Saudi Aramco decides against CCC for Khurais Subscription

17 November 2014 | By

Despite being lowest bidder for two pipeline packages, CCC now out of contention

Jordan extends bid deadline on oil and gas blocks

Jordan extends bid deadline on oil and gas blocks Subscription

3 November 2014 | By

Companies asked to submit proposals on 20 November

processing plant

Petrochina invites bids on Halfaya project management Subscription

14 October 2014 | By

Separate packages tendered for phase three processing facility and gas process plant

Saudi energy awards

Saipem and CCC win at Aramco's Khurais field Subscription

13 October 2014 | By

Contractors will sign for main packages at $3bn oil field expansion project by end of October

Aramco extends bid deadline for long-term offshore deal

Aramco extends bid deadline for long-term offshore deal Subscription

7 October 2014 | By

Contractors will have until November to submit bids

Oil companies invited to bid on Kuwait Ratqa heavy oil contract

Oil firms invited to bid on Ratqa contract Subscription

6 October 2014 | By

Kuwait looks to major oil companies for assistance in developing fields

Onshore oil field

Abu Dhabi receives Mender field development bids Subscription

30 September 2014 | By

Estimated $200m contract to be awarded to bring new field into production

Project awards

Bam International has been awarded a contract to build marine infrastructure works for the third-phase expansion of the Al-Dabbiya oil field in Abu Dhabi

Bam wins $88m deal on Al-Dabbiya marine works Subscription

20 November 2014 | By

Dutch company to carry out work on shallow-water oil field development in Abu Dhabi

Technip wins Abu Dhabi offshore project management deal

Technip wins Abu Dhabi offshore project management deal Subscription

17 November 2014 | By

French engineering group to oversee three construction packages on Nasr field

Oil spill

Alghanim International wins contract for Kuwait clean-up Subscription

17 November 2014 | By

$28m project will involve excavating and transporting contaminated soil

GE Oil & Gas wins Abu Dhabi gas turbine deal

GE Oil & Gas wins Abu Dhabi gas turbine deal Subscription

12 November 2014 | By

US group to supply technology for Umm al-Lulu full-field development

Al-Faw Port in Iraq

Petrofac awarded $106m Al-Faw contract extension Subscription

3 November 2014 | By

UK group wins new six-month deal from South Oil Company on export facilities services

Saudi Aramco's Khurais oil field in Saudi Arabia

Aramco confirms Saipem for $2bn Khurais deal Subscription

29 October 2014 | By

Italian contractor will construct main processing facilities at oilfield expansion

Gas pipe

Contracts awarded for $800m Tunisia gas project Subscription

26 October 2014 | By

Gas treatment unit to be located in Gabes governorate

Water treatment

Dodsal starts work on Kuwait water plant Subscription

22 October 2014 | By

Dubai-based firm was awarded the contract on 15 September

Updates

Water treatment

Dodsal starts work on Kuwait water plant Subscription

22 October 2014 | By

Dubai-based firm was awarded the contract on 15 September

India's TERI prepares to ask for two-year extension to Kuwait oil spill clean-up contract

Kuwait soil remediation project hits setback Subscription

19 October 2014 | By

India’s TERI prepares to ask for two-year extension

Gestamp Solar Kuwait plant to be completed in mid-2015

Gestamp Solar Kuwait plant to be completed in mid-2015 Subscription

7 October 2014 | By

Facility will form part of Umm Gudair enhanced oil recovery system

Drilling

WesternZagros resumes oil operations in northern Iraq Subscription

24 September 2014 | By

Canadian company removed non-essential personnel amid hostilities in northern Iraq

Aramco crude exports

Saudi Aramco planning to increase Manifa capacity Subscription

16 September 2014 | By

Scheme to potentially ramp up offshore field in very early stages

Oil drilling

Atrush block drilling restarts after 21-day suspension Subscription

3 September 2014 | By

Activities at Iraqi Kurdistan field were halted due to hostilities in northern Iraq

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

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

Latest Oil - upstream news

Oil sector

Lower crude could affect future spending in Oman oil sector Subscription

19 November 2014 | By

But ministry says current expansion projects will go ahead as planned

Iraq Oil Minister Adel al-Mahdi says oil revenue agreement has been reached between Erbil and Baghdad

Erbil and Baghdad reach agreement on oil revenues Subscription

18 November 2014 | By

Kurdish government agrees to place some exports under federal control in exchange for payments, says Iraq oil minister

Oil production

Qatar cuts crude production Subscription

18 November 2014 | By

Qatar output expected to be 500,000 barrels a day by end of November

Oil tanker in Libya

Libya issues warning on rebel oil sales Subscription

17 November 2014 | By

National Oil Corporation tells customers that oil deals with other entities are illegal

Oman crude prices sink below $80 a barrel

Oman crude prices sink below $80 Subscription

12 November 2014 | By

Benchmark price hits new four-year low as market slump continues

Iraq oil

Iraqi Kurdistan oil exports hit 300,000 barrels a day Subscription

9 November 2014 | By

Exports through pipeline to Turkey increase 60 per cent in four months

Rig

Saudi Aramco plans $1bn offshore security contract Subscription

5 November 2014 | By

Oil major plans to secure its assets in the Gulf with a range of new measures

Abu Dhabi National Oil Company headquarters in Abu Dhabi, in the UAE

Crude price drop will not affect UAE oil and gas projects Subscription

4 November 2014 | By

Abu Dhabi oil sector leaders say expansion is not impacted by international market

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Oil upstream trends

Gulf Projects Index

Gulf index falls back to September levels Subscription

30 October 2014

UAE and Qatar record biggest declines in value of projects markets

Gulf projects index

Gulf index rises on Qatar growth Subscription

23 October 2014

Gas-rich state records expansion of 3.4 per cent in value of projects market

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Video Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

As Libya sinks deeper into the chaos of war, its badly defended oil infrastructure is becoming increasingly susceptible to shutdowns

Libya’s oil recovery falters Subscription

24 September 2014 | By

Recent drop in production could foreshadow greater declines

Gulf projects index

Expansion in Saudi Arabia lifts market Subscription

11 September 2014

Projects announcements in Kuwait and Saudi Arabia give boost to Gulf Projects Index

Pipes

Technology sanctions set to delay unconventional oil projects in Russia Subscription

21 August 2014 | By

Ban on sales of shale and deep water hydrocarbon extraction equipment to hurt Russia’s future output

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

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

Filter all oil - upstream analysis by country

MEED commentary

Offshore oil security

Aramco prioritises security

20 November 2014 | By

Oil major plans raft of new measures for offshore assets

Upstream research and development

Gulf driving its own innovation

30 October 2014 | By

Local investment in research and development is essential for future of energy industry

Libya

Political rivalry threatens Libya’s oil recovery

25 September 2014 | By

A tale of two parliaments

Gas drilling

Aramco's essential tight gas drive Subscription

4 September 2014 | By

Domestic consumption means that every source of the resource is needed

non-conventional gas

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

28 August 2014 | By

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

Libya

Recovery in Libyan oil exports Subscription

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 Subscription

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 Subscription

26 June 2014

The Middle East’s role as a global oil producer is diminishing as other countries increase their output

See all MEED commentary

Special reports

Oil drilling

Oil & Gas: Enhanced recovery the future of upstream

3 September 2014

Tertiary recovery techniques are being seriously considered by Middle East oil producers with heavy investment earmarked for the technology

Oil and gas

Middle East Oil & Gas report

31 August 2014 | By

The end of the boom for the energy market

See all oil - upstream special reports

Data

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

TransGlobe Energy Corporation Subscription

TransGlobe Energy Corporation is involved in international oil and gas exploration with a focus on Egypt and Yemen

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

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

Research reports

Oil & Gas

MENA Oil & Gas Market Report 2015

21 October 2014

A comprehensive overview of the $700bn-plus MENA upstream oil and gas, downstream refining and petrochemical sectors

See all MEED research reports

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Qatar Projects 2015

Qatar Projects Conference 2015

Detailing the plan to deliver Qatar’s National Vision 2030, a US$200bn project

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