‘Rethink everything’ to crack Middle East energy markets
Viewed from a challenging UK environment, the Middle East - with its enormous natural resources and supportive regimes - can seem like a utopia. The reality is different.
Middle East
Oil & Gas Middle East
UK oil and gas firm looks to Middle East amid North Sea uncertainty
For many North Sea oil and gas supply chain firms, attending the annual ADIPEC conference in the Middle East has been a key part of efforts to expand internationally.
All Middle East Posts
KBR takes PMC work on Ghasha
KBR has won project management consultancy (PMC) work from ADNOC on the Ghasha concession.
Abu Dhabi to develop major gas find with Dubai
Abu Dhabi National Oil Co. (ADNOC) and the Dubai Supply Authority (DUSUP) have signed an agreement to develop the Jebel Ali project, a shallow gas find.
Yemeni rebels target Saudi Aramco in Jazan
Yemen’s Houthi rebels launched a missile attack on Saudi Aramco, but an oil official in the kingdom said the projectiles were intercepted before they could hit their target in the southern Jazan region.
Adnoc’s $15bn gas pipeline draws BlackRock, GIP interest
BlackRock Inc., Global Infrastructure Partners and KKR & Co. are among suitors considering bidding for a stake in natural gas pipelines being sold by Abu Dhabi’s state-owned energy giant, people familiar with the matter said.
New Flowline Specialists boss says renewables growth backs up diversification call
North-east energy services firm Flowline Specialists has delivered its first set of results under new boss Ross Whittingham, who said growth in renewables work vindicated its decision to diversify.
Total, Marubeni to invest in 800-megawatt Qatar solar plant
Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar power plant.
Israeli gas flows into Egypt
Gas exports from Israel’s Leviathan field to Egypt began on January 15.
Russia, Turkey call for Libya ceasefire
Russia and Turkey have called for a ceasefire in Libya, to come into force as of midnight January 12.
Russia Readies New Gas Link to Europe in Defiance of US
Russia officially opened its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.
Aramco puts Port Arthur on road to FID
Sempra Energy has signed a deal with Saudi Aramco on future work at the Port Arthur LNG export project, in Texas.
Turkey to play spoiler in EastMed plans
The proposed East Mediterranean gas pipeline will be “impossible” without consent from Turkey, according to Northern Cyprus’ Prime Minister Ersin Tatar.
Kuwait signs up LNG supplies from Qatar
Qatar Petroleum (QP) has signed up to supply Kuwait with 3 million tonnes per year of LNG for 15 years, under an agreement with Kuwait Petroleum Corp. (KPC).
Petrofac clinches deals worth £100m in Oman
Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).
Giant Israel gas field brings energy security and health anxiety
A decade after its discovery was lauded as a guarantor of Israel’s energy security, the giant Leviathan natural-gas field started production Tuesday. But instead of anticipating a coal-free future, residents living near the gas platform have abandoned their homes for a day.
Turkish mercenaries turn up the pressure in Libya
The civil war in Libya is escalating as mercenaries, supplied by Turkey, have been mobilised to support the Tripoli-based Government of National Accord (GNA).
Exports: Middle East remains a tough but prospective territory for North Sea firms
It’s been several weeks now since Scotland’s oil and gas sector descended on trade show ADIPEC en masse, showcasing the technology and capabilities that have placed our industry at the forefront of the global energy industry.
APICORP alarmed on declining MENA gas spend
Gas investments in the Middle East and North African (MENA) region are declining, according to a report from Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP).
Israel endorses Egypt gas exports
Israel has approved permits to export gas to Egypt, from offshore fields. First exports are expected in January.
Saudi Aramco raises $25.6 billion in world’s biggest IPO
Saudi Aramco raised $25.6 billion from the world’s biggest initial public offering, closing a deal that became synonymous with the kingdom’s controversial crown prince and his plans to reshape the nation.
Omani bid round falls foul of shift away from wildcat E&P
News last week that Russian firm Zarubezhneft was being considered for the development of an offshore oil concession in Oman brought into sharp focus the lack of update provided since the country’s 2019 bid round closed in May.
Wellpro lines up Middle East, Asia focus
Wellpro Group struck a deal to enter the Middle East in May, with an aim for leveraging an existing footprint to speed the way.
Libya-Turkey deal sparks Greek protests
The decision from Libya’s Government of National Accord (GNA) to sign a deal on a maritime border with Turkey has sparked condemnation from other east Mediterranean states.
Perenco’s Cameroon drilling plans shore up FLNG outlook
Perenco’s floating LNG (FLNG) project in Cameroon has exported 29 cargoes to date and is planning a drilling campaign, in 2020, in order to prove up additional reserves.
QP targets two more LNG trains by 2027
Qatar Petroleum (QP) intends to produce 126 million tonnes per year of LNG by 2027, from its current level of 77mn tpy.
Domestic demands and Aramco’s IPO
Saudi Arabia is pushing ahead with the much-watched IPO of the mainstay of its economy, Aramco, although with somewhat diminished aspirations.