Offshore oil and gas
Cover Story
Offshore oil & gas: Crossing new frontiers
The offshore oil and gas sector in the Middle East and North Africa region is entering a period of renewed growth
Rest of Supplement
Oil prices rise on inventory fall and supply concerns
Deepwater Horizon incident may curb new US production
Market overview: Mena looks offshore
As Middle East and North Africa oil and gas producers increase output, offshore projects play an increasing part in development
Technology: Unlocking the potential of regional oil and gas reserves
Technological advances are proving critical to opening up the Middle East and North Africa region’s offshore oil and gas reserves
Projects market: Offshore market booms
Offshore projects worth $87bn are planned in the Middle East and North Africa region over the next five years to boost production
Market focus: Libya takes lead in Maghreb
Despite the challenges presented by deepwater drilling, there are sufficient indications of offshore oil wealth in North Africa to have excited the interest of international majors
Market focus: Pricing slows progress in Egypt
Uncertainty over the long-term pricing policy of the Petroleum Ministry is detering potential bidders for Egypt’s offshore blocks
Market focus: Iran’s unexploited reserves
International sanctions and exposure to risk are deterring international investors from participating in new oil and gas ventures in the Islamic republic
Market focus: Pressure focuses Qatar’s priorities
With the North field subject to a moratorium until at least 2014, development of other offshore reserves is taking precedence as the country strives to meet domestic demand
Market focus: Saudi Aramco renews its interest in the kingdom’s offshore production
The state-owned oil company has dedicated 10 per cent of its latest capital investment programme to developing the kingdom’s offshore production
Market focus: Abu Dhabi moves offshore
The emirate’s offshore operating companies are pursuing different development strategies as they seek to boost production and hold down costs
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