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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

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

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

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

Petrochina has invited bids to install new wellheads and pipelines at the Halfaya field in eastern Iraq

Petrochina tenders wellheads at Halfaya oil field Subscription

15 September 2014 | By

Companies asked to submit bids to provide facilities at field in eastern Iraq

West Qurna 2 Oil wells in Iraq

Lukoil tenders West Qurna 2 pipelines Subscription

8 September 2014 | By

Russian group invites bids for water, gas and LPG pipelines at southern Iraq oil field

Malasia's Petronas

Petronas extends deadline on Gharraf tenders Subscription

24 August 2014 | By

Companies asked to bid on Iraq oil and gas facilities by end of September

Iraq oil exports

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

Project awards

Refinery

ILF Tecon wins Tawke central processing facility design Subscription

21 September 2014 | By

Austrian group to provide study on Iraqi Kurdistan 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

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

Updates

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

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

Latest Oil - upstream news

Opec headquarters

Libyan oil production drops Subscription

22 September 2014 | By

Output falls for the first time since militias ended port blockade

Tunisia

Medco Energi increases investment in Tunisia Subscription

18 September 2014 | By

Indonesian energy company to spend $320m on developing new blocks

Yemen refinery

Yemen oil revenues drop by 30 per cent Subscription

18 September 2014 | By

Decline in oil revenues comes after repeated attacks on oil infrastructure from armed groups

Rig

Solar oil recovery group gets $53m investment Subscription

10 September 2014 | By

GlassPoint receives funding from Oman’s State General Reserve Fund and Shell

Oil

Genel Energy staff return to Iraqi Kurdistan operations Subscription

10 September 2014 | By

London-listed group says security situation has improved significantly

Rumaila oil field

Rumaila field target production cut on revised contract Subscription

7 September 2014 | By

BP and Baghdad reduced Iraqi oil output target to 2.1 million barrels a day

Oil field pumps

Afren lowers production targets on Iraqi Kurdistan outage Subscription

2 September 2014 | By

Operations at Barda Rash and Ain Sifni oil fields suspended amid conflict in northern Iraq

Saudi Aramco offshore rig

Saudi Aramco evaluates engineering contract bids Subscription

2 September 2014 | By

Two companies are expected to be selected for Maintain Potential Programme

Filter all oil - upstream news by country

Oil upstream trends

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

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

Filter all oil - upstream analysis by country

MEED commentary

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

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

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

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

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

Mena Projects 1152x640

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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