US launches new Iran sanctions as election looms
The US Department of the Treasury has imposed new financial sanctions on Iran’s oil industry.
Bahrain
Accord sets stage for Israel, UAE, Bahrain energy co-operation
Israel, the United Arab Emirates and Bahrain have signed a peace agreement that marks a step towards normalising diplomatic relationships in the Middle East.
Petrofac wins Bahrain EPCC work
Petrofac has won an engineering, procurement, construction and commissioning (EPCC) contract from Bahrain’s Tatweer Petroleum.
Billion-barrel Bahrain find may only see ‘a fraction recoverable’, says analyst
The discovery of a billion-barrel oil and gas find off the coast of Bahrain may only see “a fraction” of the reserves recoverable, claims a senior oil analyst for the region.
Bahrain makes largest offshore oil find, estimated at 80 billion barrels
Bahrain has announced the discovery of 80 billion barrels of shale oil, the island nation’s largest oil and gas find ever.
Bahrain celebrates biggest oil discovery since 1932
Bahrain, the smallest energy producer in the Persian Gulf, discovered its biggest oil field since it started producing crude in 1932, according to the country’s official news agency.
TechnipFMC in $4.2bn Bahrain contract award
TechnipFMC is part of a group which has bagged a $4.2billion contract for expanding an oil refinery in Bahrain.
Middle East LNG first gets financial backing
The first LNG receiving and regasification terminal in the Middle East developed on a PPP basis, has completed limited recourse financing for the project.