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

Iraq completes two new gas facilities Subscription

12 March 2014, 11:05 GMT | By

Egypt’s Petroject completes two of five gas compression facilities

Iraq plans major expansion of oil storage facilities Subscription

2 March 2014, 9:40 GMT | By

Storage capacity to more than double to 15 million cubic metres

Tenders for Iraq oil export pipeline due this year Subscription

27 February 2014, 6:07 GMT | By

Steady progress being made on pipeline to connect the north and south of the country

Petronas preparing new tender for Gharraf oil field Subscription

16 February 2014, 12:00 GMT | By

Integrated central processing facility planned for Iraqi field

Petrochina tenders Iraq Halfaya gas deal Subscription

12 February 2014, 8:59 GMT | By

Pilot facility will help the firm gain experience in gas lifting

BP prequalifies firms for major Iraq oil deal Subscription

19 January 2014, 16:25 GMT | By

Major oil field water processing and injection facilities tendered

Petrochina tenders new Iraq engineering deal Subscription

7 January 2014, 6:27 GMT | By

New gas processing plant planned for Halfaya oil field in Iraq

Mott MacDonald wins Abu Dhabi oil field deal Subscription

17 December 2013, 7:16 GMT | By

Abu Dhabi Oil Company plans to develop oil at offshore Hail field

Project bids

Bids delayed on Nasr field development Subscription

16 April 2014, 11:13 GMT | By

Companies expected to submit commercial proposals on Abu Dhabi scheme in first week of May

Kuwait delays two upstream oil schemes Subscription

6 April 2014, 11:37 GMT | By

Soil remediation and pressure maintenance deals pushed back

Two firms bid for Iraq water supply design project Subscription

16 March 2014, 11:05 GMT | By

Common Seawater Supply Facility critical to country’s long-term oil production plans

Daewoo still in negotiations for Iraq degassing station Subscription

26 February 2014, 7:17 GMT | By

Oil ministry approved two other deals on 25 February

Bids in for three major Kuwait oil deals Subscription

12 February 2014, 11:20 GMT | By

Dubai-based Dodsal submits lowest bids for all three gathering centre schemes

South Korean/local group low bidder for Abu Dhabi oil project Subscription

20 January 2014, 11:14 GMT | By

Consortium frontrunner to win $1bn-plus Rumaitha and Shanayel onshore development

Firms bid for first package of Nasr field development Subscription

15 January 2014, 6:33 GMT | By

Contract awards on two offshore packages in Abu Dhabi expected in July

Oman plans third upstream oil award in coming months Subscription

15 December 2013, 11:50 GMT | By

Major company expected to win oil block after Total and Petrogas pick up Oman deals

Project awards

Kentz wins $125m manpower contract in Kuwait Subscription

24 April 2014, 9:00 GMT | By

Kentz contract awarded by US-based Fluor to supplement its work for Kuwait Oil Company

Iraq signs $173m drilling deals with Chinese firms Subscription

23 April 2014, 12:02 GMT | By

New wells to be drilled at Missan oil fields in east of Iraq

Prysmian wins contract on Abu Dhabi’s Zakum field Subscription

23 April 2014, 7:39 GMT | By

Italian group to build cable links for submarine electrification project

Technip awarded design contract on Abu Dhabi’s Hail field Subscription

23 April 2014, 7:35 GMT | By

Delayed Japan-owned project moves forward with key contractors now in place

Alstom wins Iraq captive power plant deal Subscription

1 April 2014, 13:00 GMT | By

740MW gas-fired facility to be built at Zubair oil field

Petrofac wins $1bn deal on Rabab Harweel oil and gas development Subscription

24 March 2014, 9:06 GMT | By

UK group will handle engineering, procurement and support for construction and start-up phases

Abu Dhabi awards $32m rig contract Subscription

12 March 2014, 13:36 GMT | By

National Oilwell Varco wins $32m contract to build onshore rig

Iraq approves $1.7bn of degassing station deals Subscription

26 February 2014, 5:47 GMT | By

New upstream oil facilities to be built at Zubair oil field by South Korean firms

Updates

Iran gives Chinese group ultimatum on South Azedegan development Subscription

7 April 2014, 8:19 GMT | By

China National Petroleum Company International told it has three months to meet South Azedegan field deadlines

Kuwait delays two upstream oil schemes Subscription

6 April 2014, 11:37 GMT | By

Soil remediation and pressure maintenance deals pushed back

Firms prepare commercial bids for Nasr offshore packages Subscription

6 April 2014, 8:08 GMT | By

Abu Dhabi to award main contracts on full-field development

Kuwait prequalifying for heavy oil operations Subscription

30 March 2014, 12:07 GMT | By

Operations and maintenance for planned heavy oil production facilities in northern Kuwait

Lukoil starts Iraq oil production Subscription

30 March 2014, 7:36 GMT | By

West Qurna-2 field producing 120,000 barrels a day

DNO raises Iraq oil production Subscription

20 March 2014, 6:49 GMT | By

DNO International’s Tawke field now producing at record high of 129,000 barrels a day

Kurdish oil exports could start in 2014 Subscription

10 March 2014, 12:42 GMT | By

Upgrades to pumping stations still required before pipeline can be commissioned

Gazprom completes Iraq crude pipeline Subscription

9 March 2014, 10:19 GMT | By

Badra oil field now connected to Iraq’s oil export system

Latest Oil - upstream news

Iraq signs $173m drilling deals with Chinese firms Subscription

23 April 2014, 12:02 GMT | By

New wells to be drilled at Missan oil fields in east of Iraq

National Petroleum Services acquired by Gulf consortium Subscription

22 April 2014, 13:37 GMT | By

Fajr Capital-led group pays more than $500m for Dubai oil services company

Iran must invest $255bn to carry out oil and gas plans, says minister Subscription

15 April 2014, 11:46 GMT | By

Tehran seeks the rollout of new contracts to attract overseas companies to develop oil and gas sector

Kurdish contribution to Iraq oil exports delayed Subscription

2 April 2014, 9:00 GMT | By

Semi-autonomous region was due to export 100,000 barrels a day through Iraqi system

Kuwait prequalifying for heavy oil operations Subscription

30 March 2014, 12:07 GMT | By

Operations and maintenance for planned heavy oil production facilities in northern Kuwait

Libya oil production drops to 150,000 barrels a day Subscription

26 March 2014, 7:36 GMT | By

Libya sees crude output drop due to the closure of the El-Feel oilfield

Subsidies hinder Egyptian oil sector development Subscription

24 March 2014, 9:11 GMT | By

Former Egyptian oil minister says energy pricing reform is key

Iraq oil exports reach record highs Subscription

19 March 2014, 12:16 GMT | By

Iraq now exporting more than 2.8 million barrels a day

Filter all oil - upstream news by country

Oil upstream trends

Iraq oil production forecasts

Iraq faces challenge to meet output targets Subscription

16 April 2014, 11:07 GMT | By

Analysts expect Baghdad to fall short of 2020 ambitions despite recent production surge

Ambition: Bahrain is investing to ensure its oil and gas sector remains a cornerstone of its economy

Manama’s future energy challenge Subscription

15 April 2014, 13:14 GMT | By James Gavin

The Gulf’s oldest oil producer is looking to make the most of a small endowment

GCC and Iraq energy awards

Gulf oil and gas spending hits long-term high in first quarter Subscription

2 April 2014, 8:53 GMT | By

More than $25bn-worth of contracts awarded as three-month period eclipses total for 2013

Gulf projects index

GCC growth pushes up projects market Subscription

13 March 2014, 6:46 GMT

Increases in Saudi Arabia and UAE ensure growth of overall index

Gulf projects index

Iran and Iraq bolster Gulf index Subscription

6 March 2014, 10:47 GMT

Saudi Arabia only GCC country to record rise in value of projects market

In Amenas gas plant, Algeria

In Amenas overshadows bid round in Algeria Subscription

25 February 2014, 11:40 GMT | By Richard Nield

The Algerian government launched its fourth licensing round in January, but attracting bids from international investors will be a challenge in the current security climate

Contract awards

Middle East contracts awarded: January 2014 Video Subscription

16 February 2014, 11:13 GMT

Over $17bn awarded in January in the Middle East

Gulf Projects Index

GCC increase boosts projects index Subscription

6 February 2014, 7:41 GMT

Iraq only market to record decline in value while Oman sees strongest growth

Filter all oil - upstream analysis by country

MEED commentary

Iraq

Iraq mine clearance slow to progress

10 April 2014, 15:20 GMT

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

Iraq

Oil windfall yet to benefit Iraq's economy

6 March 2014, 12:04 GMT | By

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

Oil

Aramco looks to include local firms Subscription

13 February 2014, 13:40 GMT | By

The firm’s new Maintain Potential Programme deal is a creative way of increasing participation of local firms

Oman

Crackdown a first step to reform Subscription

30 January 2014, 14:05 GMT | By

A corruption investigation into Oman’s oil and gas industry could lead to greater sector transparency

Clash: Iran's return could affect Opec oil production

Tehran to shift crude balance Subscription

23 January 2014, 13:58 GMT | By

Iran hopes to return to full oil production as quickly as possible, but this could lead to a cut in output from Opec members, or risk a flood of crude on the global market

UAE-Iran disputed islands

UAE-Iran islands deal would affect Gulf relations Subscription

16 January 2014, 12:47 GMT | By

Reported agreement would increase Iran’s influence in Strait of Hormuz and Oman ties

Refinery

Iraq awards first refinery contract Subscription

9 January 2014, 14:15 GMT | By

The $6bn South Korean deal will see the first refinery built in Iraq for decades

Jordan

Jordan closes in on autonomy Subscription

9 January 2014, 13:40 GMT | By

Amman has realised the need for energy independence and is making progress on renewable, nuclear and shale oil schemes

See all MEED commentary

Special reports

Oil and gas

Oil & Gas: Region invests in midstream infrastructure Subscription

30 October 2013, 12:11 GMT

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, 7:36 GMT

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, 12:21 GMT

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

Kufpec Subscription

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

Missan Oil Company logo

Missan Oil Company Subscription

Missan Oil Company is a state-owned oil and gas company located in the Maysan Governorate, Iraq, spun off from the South Oil Company in 2008

See all oil & gas company profiles

People

Mustafa al-Shimali Subscription

7 January 2014, 12:42 GMT

Mustafa al-Shimali is former oil minister, Kuwait

Mohammed al-Rumhy Subscription

7 January 2014, 6:57 GMT

Mohammed al-Rumhy is oil and gas minister, Oman

Ahmed al-Sharyan Subscription

9 December 2013, 12:44 GMT

Ahmed al-Sharyan is secretary-general, Noga

Abdulrahman Jawahery Subscription

5 December 2013, 7:53 GMT

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

Edward Hanley Subscription

5 December 2013, 7:48 GMT

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

Abdel Khalil Almoayyed Subscription

5 December 2013, 7:46 GMT

Abdel Khalil Almoayyed is chairman, Bapco

See all oil and gas biographies

Meet the analysts


Kevin Baxter
Energy & Industries Editor
Countries covered: Saudi Arabia, Bahrain, Qatar, Algeria
Follow Kevin on Twitter
Phone: +971 (0)4 818 0246
Email: kevin.baxter@meed.com

Adal Mirza
Energy & Industries Reporter
Countries covered: Iraq, Kuwait, Libya, Yemen
Follow Adal on Twitter
Phone: +971 (0)4 818 0234
Email: adal.mirza@meed.com

Mark Watts
Energy & Industries Reporter
Countries covered: UAE, Oman, Iran
Follow Mark on Twitter
Phone: +971 (0)4 818 0248
Email: mark.watts@meed.com

Research reports

qatar

Exclusive pre-launch offer: Qatar Projects Market Report 2014

3 April 2014, 5:18 GMT

A comprehensive overview of the region’s fastest growing projects market

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

Gulf Capital SME Awards

Gulf Capital SME Awards 2014

Recognizing success, growth and innovation in business

See the MEED events calendar

-->