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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

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

Saudi oil production

Saipem and CCC favourites for Aramco’s $3bn Khurais expansion Subscription

24 September 2014 | By

Italian and Athens-based contractors in front for main processing facilities and pipeline contracts

Abu Dhabi is assessing commercial bids for the estimated $1.5bn third-phase development of its Al-Dabbiya oil field

Abu Dhabi assesses Al-Dabbiya development bids Subscription

24 September 2014 | By

Italy’s Tecnimont said to be frontrunner for major onshore deal

Refinery

Saudi Arabia tenders Ras Tanura clean fuels and aromatics Subscription

16 September 2014 | By

Ten contractors prequalified to bid for downstream scheme in kingdom’s Eastern Province

Project awards

Water treatment

Dodsal starts work on Kuwait water plant Subscription

22 October 2014 | By

Dubai-based firm was awarded the contract on 15 September

The US' CB&I Lummus has been awarded a $90m contract to revamp five oil storage tanks on Das Island in Abu Dhabi

CB&I Lummus wins $90m Abu Dhabi storage tank contract Subscription

12 October 2014 | By

Firm to revamp five oil tanks on Das Island for Abu Dhabi Marine Operating Company

Oil

Algeria awards four out of 31 exploration licences Subscription

2 October 2014 | By

Licensing round is fourth in a row to see little enthusiasm from oil companies

Egypt desert

Eni wins three Egyptian exploration licences Subscription

29 September 2014 | By

Blocks are located in Western Desert and offshore

Refinery

ILF Tecon wins Tawke central processing facility design Subscription

21 September 2014 | By

Austrian group to provide study on project to operator DNO

Gulf of Suez

RWE Dea wins new concessions in Egypt Subscription

18 September 2014 | By

Egyptian General Petroleum Corporation awards germany’s RWE Dea two concessions in the Gulf of Suez

The agreements were signed on 10 September and require Apache to drill 11 wells

Apache to drill 11 wells in Egypt Subscription

14 September 2014 | By

Authorities push to increase activity in oil and gas sector

Rig

Gulf Drilling International wins $1.4bn rig deals in Qatar Subscription

9 September 2014 | By

Qatar Petroleum awards contracts on four new rigs and extensions on four existing rigs

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

Oman in talks to buy local assets of Occidental Petroleum

Oman in talks to buy local assets of Occidental Petroleum Subscription

23 October 2014 | By

Oman Oil Company waiting for US firm to specify terms of acquisition

Kuwait Energy strikes oil in Egypt

Kuwait Energy strikes oil in Egypt Subscription

22 October 2014 | By

CEO says find has potential to boost daily production levels

Syria

Isis oil production estimated to be worth $2m a day Subscription

21 October 2014 | By

US intelligence group IHS estimates Islamist group is able to produce up to 60,000 barrels a day  

London-listed Genel Energy has struck oil in Morocco’s offshore Sidi Moussa block

Genel Energy strikes oil in Morocco Subscription

21 October 2014 | By

Find could be country’s first commercial oil discovery

Abu Dhabi Marine Operating Company signs enhanced oil recovery deal with BP

Adma-Opco signs enhanced oil recovery deal with BP Subscription

20 October 2014 | By

Emirate looking to develop technology similar to that used at UK field

A burnt truck is seen in the aftermath of clashes between pro-government forces and rebels on 18 October in Benghazi

Libya prime minister sets sights on Tripoli Subscription

19 October 2014 | By

Al-Thani says pro-government forces will attempt to take control of capital

Abu Dhabi asks for bid extension on onshore oil fields

Abu Dhabi asks for bid extension on onshore oil fields Subscription

15 October 2014 | By

Companies have been asked to extend concession proposals until end of year, claims report

The US' CB&I Lummus has been awarded a $90m contract to revamp five oil storage tanks on Das Island in Abu Dhabi

CB&I Lummus wins $90m Abu Dhabi storage tank contract Subscription

12 October 2014 | By

Firm to revamp five oil tanks on Das Island for Abu Dhabi Marine Operating Company

Filter all oil - upstream news by country

Oil upstream trends

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

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

Filter all oil - upstream analysis by country

MEED commentary

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

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

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

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

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

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

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

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

Pre-Launch Offer - 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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