By continuing to use the site you agree to our Privacy & Cookies policy

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
c2a_1___sub_to_MEED

New projects

Oil and gas industry

Egypt announces six oil and gas deals Subscription

11 January 2015 | By

Exploration contracts worth millions of dollars signed

Gathering centre

Design complete for Gathering Centre 32 in southeast Kuwait Subscription

7 December 2014 | By

Tender due to be issued after Kuwait Oil Company approval

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

Project bids

Kuwait delays Lower Fars contract award

Kuwait delays Lower Fars contract award Subscription

7 December 2014 | By

Kuwait Oil Company says winning firm will not be announced this year

West Qurna 2 oil field in Iraq

Lukoil tenders Mishrif master engineering services Subscription

3 December 2014 | By

Companies asked to bid for West Qurna 2 oil field contract in Iraq by 30 December

Kuwait reveals timeline for Lower Fars heavy oil project

Kuwait reveals timeline for Lower Fars heavy oil project Subscription

25 November 2014 | By Wil Crisp

State-owned upstream operator says contract will be awarded in December

UAE oil and gas fields

Abu Dhabi invites bids on Bab Integrated Facilities Subscription

24 November 2014 | By

Deadline extended to first quarter 2015 for onshore oil field project

Abu Dhabi yet to award Al-Dabbiya phase three deal

Abu Dhabi yet to award Al-Dabbiya phase three deal Subscription

24 November 2014 | By

Tecnimont frontrunner for major onshore contract after bids were submitted in September

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

Project awards

Rig

Eni awarded Egyptian oil and gas concessions Subscription

18 January 2015 | By

Italian oil and gas company signs agreement for the offshore North Leil and Karawan blocks 

Tebodin wins Abu Dhabi gas lift contract

Tebodin wins Abu Dhabi gas lift contract Subscription

12 January 2015 | By

Dutch group wins subcontract from Galfar Engineering to add gas lifts at 30 additional oil wells

Kuwait awards $4.3bn deal to Petrofac

Kuwait awards $4.3bn deal to Petrofac Subscription

11 January 2015 | By

UK firm wins Lower Fars heavy oil development project contract

Building works

Al-Jaber wins $125m Upper Zakum contract Subscription

16 December 2014 | By

UAE contractor to carry out civil works on artificial islands at Abu Dhabi offshore oil field

Iraq energy EPC awards

Iraq awards design deal on critical seawater supply project Subscription

16 December 2014 | By

Austria’s ILF Consulting Engineers wins contract on two 150km pipelines

Tecnimont wins $2.3bn Al-Dabbiya field deal

Tecnimont wins $2.3bn Al-Dabbiya field deal Subscription

15 December 2014 | By

Italian firm to carry out third-phase expansion of surface facilities at Abu Dhabi field

Oman onshore oil block

Indonesian group wins Oman onshore oil block Subscription

27 November 2014 | By

MedcoEnergi to carry out six-year exploration programme in south of Oman

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

Updates

Aramco slows down Khurais expansion

Aramco slows down Khurais expansion Subscription

13 January 2015 | By

Oil major in talks with Saipem regarding cost-effective way to extend construction phase

Oil gathering centre

Much at stake in the Divided Zone

4 December 2014 | By

Concerns increase as the land dispute between Kuwait and Saudi Arabia derails another project

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

Latest Oil - upstream news

Kuwait oil exports to China surge

Kuwait oil exports to China surge Subscription

27 January 2015 | By

Total of 1.73 million tonnes of crude was exported in December

Algeria’s oil and gas projects market is likely to gain momentum over the next five years as new capital schemes are announced, according to Dodsal

Dodsal confident in Algeria's energy plans Subscription

25 January 2015 | By

Executive says increase in field development projects is expected

Libya oil

Libyan Opec official goes missing Subscription

21 January 2015 | By

Samir Salem Kamal was last seen in Tripoli

Crude production

Iraq reports record crude production Subscription

20 January 2015 | By

Oil Ministry says output has reached milestone of 4 million barrels day in December

A bomb attack on the Algerian embassy in Libya’s capital, Tripoli, on 17 January wounded two guards, projected debris over a wide area and damaged nearby parked cars

EU mulls Libya oil embargo Subscription

18 January 2015 | By

International community looks to consolidate progress made in peace talks

Kuwait parliament told oil prices at unexpected levels

Al-Omair says oil prices at unexpected levels Subscription

15 January 2015 | By

Kuwait oil minister says country is not participating in price war

Iraq to double Kirkuk crude exports

Iraq to double Kirkuk crude exports Subscription

15 January 2015 | By

Northern Iraq oil sales boosted following deal between Baghdad and Erbil governments

 Oil fracking rig in Colorado in the US

Riyadh targets becoming fracking superpower Subscription

14 January 2015 | By

Halliburton says kingdom has ‘huge desire’ to be first to emulate US shale boom

Filter all oil - upstream news by country

Oil upstream trends

Ship: The Atwood Achiever began drilling in December

Drilling reignites territorial dispute Subscription

20 January 2015 | By

Oil exploration activity in the Western Sahara could bring renewed violence to the North African disputed territory, with a billion barrels of oil potentially at stake

Samir Brikho, CEO, Amec Foster Wheeler

Amec Foster Wheeler sets sights on Saudi Arabia Subscription

20 January 2015 | By

CEO of the newly formed company, Samir Brikho speaks to MEED

Cloud computing

Interview: Richard Longdon, CEO, Aveva Solutions Subscription

14 December 2014 | By

Cloud computing is the future for oil and gas, but customers have to adapt their mindset, says Aveva CEO Richard Longdon.

Refinery

A new era for contracting Subscription

11 December 2014 | By

The recent price dispute at Aramco’s Jizan project suggests a new period of less aggressive bidding is around the corner

Current account balance

A lifeline for oil importers Subscription

11 December 2014 | By

Low oil prices will provide an economic boost for Middle East and North Africa

Incremental Opec crude production capacity

Non-Opec to dominate capacity growth to end of decade Subscription

11 December 2014 | By

Iraq to provide 60 per cent of new Opec volumes by 2020 with declines forecast in Kuwait and Algeria

Middle East contracts October 2014

Middle East contracts awarded: October 2014 Video Subscription

1 December 2014

Over $13bn of contracts awarded in October in the Middle East

Saudi oil production and brent crude price

Riyadh in strong position ahead of Opec meeting Subscription

18 November 2014 | By

Saudi Arabia showing no signs of cutting oil production despite falling prices

Filter all oil - upstream analysis by country

MEED commentary

Saudi Arabia plays the long game

Saudi Arabia plays the long game

20 January 2015 | By

While there are worrying developments, reports on the demise of the kingdom’s oil sector are wildly exaggerated

UN needs to consider its options as Morocco drills in Western Sahara

UN needs to consider its options

13 January 2015 | By

Inaction over Morocco’s drilling in the Western Sahara may not be the best policy

With Opec production likely to stay constant for at least six months, US hydrocarbons production is now the major source of uncertainty for the oil market

Arab countries will not blink first on oil

22 December 2014 | By

Regional energy ministers take tough stance on output

Gas

Cancellation of South Stream bodes well for Galsi

17 December 2014 | By

Decision on the Italy-Algeria pipeline expected in May

Offshore oil rig

Choosing the right model

11 December 2014 | By

International contractors are still willing to take all the risks

Oil gathering centre

Much at stake in the Divided Zone

4 December 2014 | By

Concerns increase as the land dispute between Kuwait and Saudi Arabia derails another project

The GCC can afford lower oil prices

The GCC can afford lower oil prices

4 December 2014 | By

High fiscal reserves make drastic cuts to spending unlikely

Offshore oil security

Aramco prioritises security Subscription

20 November 2014 | By

Oil major plans raft of new measures for offshore assets

See all MEED commentary

Special reports

Oil drilling

Oil & Gas: Enhanced recovery the future of upstream Subscription

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 Subscription

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

Attarat Power Company Subscription

Attarat Power Company is a subsidiary of Eesti Energia responsible for building Jordan’s oil shale power plant at Attarat Um Ghudran

TransGlobe Energy Corporation Subscription

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

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

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

MEED events

PS logo 2015

MENA Patient Safety Congress 2015

The definitive event for healthcare professionals committed to improving patient care and quality in the Middle East

See the MEED events calendar

-->