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Afren and Eni spud Nunya-1X well in Keta Block, offshore Ghana - Iraq-Turkey oil exports resume after blast - Harvest Natural Resources Updates Drilling Operations - Qarn Alam Block 64, Oman - Technip awarded two contracts for the Jubilee project in Ghana - Gas pipeline explodes in Egypt's northern Sinai - Militants claim attack on Nigeria Eni oil pipeline - Aramco to invest $90b in boosting refining capacity - Tullow 'Could Double Production' in 5 Years after Ugandan Deal - Gulf Keystone Cleared for Algeria Stake Sale - NYMEX-U.S. crude drops toward $97 on oil stocks data -
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Middle East News

 Harvest Natural Resources Updates Drilling Operations - Qarn Alam Block 64, Oman
  Monday, February 6, 2012
Harvest Natural Resources, Inc. announced that the Al Ghubar North-1 (AGN-1) exploration well onshore Oman has reached a total depth (TD) of 10,482 feet.
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 Iraq-Turkey oil exports resume after blast
  Monday, February 6, 2012
Iraq has resumed oil exports via an undamaged pipeline to Turkey after they were cut by an explosion in the country's northern neighbour, officials said on Monday.
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 Aramco to invest $90b in boosting refining capacity
  Sunday, February 5, 2012
Saudi Aramco will invest $90 billion in the next five years to increase refining capacity by 50 percent to 6 million barrels a day.
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 Saudi energy investment at $141b in 5 years biggest in MENA region
  Thursday, February 2, 2012
Saudi Arabia remained the dominant energy investor in the Middle East and North Africa (MENA) region, with an estimated $141 billion during 2012-2016, data from the Dammam-based Arab Petroleum Investment Corporation (Apicorp), an affiliate of the 10-nation Organization of Arab Petroleum Exporting Countries, showed.
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 DNO hits Pehkabir pay
  Thursday, February 2, 2012
DNO International has reported oil shows at the Pehkabir-1 exploration well in Iraqi Kurdistan, although analysts believe the commerciality of the discovery is ''uncertain''.
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 Explosion rocks Syrian oil pipeline
  Wednesday, February 1, 2012
Fire engulfed a crude oil pipeline in Syria following an explosion on Tuesday, a report has claimed.
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 Saudi Arabia Names Candidate to Head OPEC
  Wednesday, February 1, 2012
Saudi Arabia has nominated its candidate to succeed the current head of the Organization Petroleum Exporting Countries, Gulf oil sources said Tuesday, potentially reviving a scramble for influence within the producers' group.
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 Iraq delays 4th energy round to May 30-31
  Tuesday, January 31, 2012
Iraq has delayed its 4th energy bidding round to May 30-31, when 12 new gas and oil exploration blocks will be auctioned to international energy firms, a senior oil official said on Monday.
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 Gulfsands' Syrian Appraisal Well Confirms 19.2 Million Barrels
  Tuesday, January 31, 2012
Gulfsands Petroleum reported Tuesday that results from its Khurbet East 102 Triassic appraisal well fit with initial estimates that volumes from the Butmah Formation amount to 19.2 million barrels of oil equivalent.
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 Dana Gas achieves 220% increase in net profits in 2011
  Monday, January 30, 2012
Dana Gas PJSC the Middle East's largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2011.
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 Iraq, Shell New Venture to Boost Gas Output in 2012
  Friday, January 27, 2012
A joint venture between Iraq, Royal Dutch Shell plc and Mitsubishi Corp. to capture and process huge volumes of gas flared from its giant southern oil fields is expected to start production this year, a senior Iraqi oil ministry official said here Thursday.
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 Iran Says It May Cut Off Its Oil Exports to Europe
  Friday, January 27, 2012
Iran struck a combative tone Thursday in its confrontation with the West over the nuclear issue, threatening to terminate oil exports to European nations even before their embargo takes effect this summer.
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 ExxonMobil laying groundwork in Kurdistan
  Thursday, January 26, 2012
ExxonMobil, the first supermajor to move into Iraqi Kurdistan, is quietly mobilising in Arbil despite strenuous objections from the central government, according to a report.
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 Iraq, Lukoil Award $998M West Qurna Deal to Samsung
  Thursday, January 26, 2012
Iraq and Russia's OAO Lukoil Holding have awarded a $998 million deal to south Korea's Samsung Group to develop the supergiant West Qurna phase 2 oil field, the Iraqi government said in a statement Wednesday.
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 Kuwait's crude oil exports to China jump 58.9 percent
  Tuesday, January 24, 2012
Kuwait's crude oil exports to China surged 58.9 percent in December 2011 from a year earlier to 853,000 tons, equivalent to around 202,000 barrels per day (bpd), for the first gain in two months, latest official data showed.
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 Gulf Keystone Petroleum provides operational update in Kurdistan
  Tuesday, January 24, 2012
Gulf Keystone provides an update on its ongoing exploration and appraisal programme in the Kurdistan Region of Iraq, which includes the Shaikan block, a major discovery with independently audited gross oil-in-place volumes of between 8 billion barrels to 13.4 billion barrels calculated on the P90 to P10 basis with a mean value of 10.5 billion barrels.
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 Italy Eni, Spain Repsol quit Saudi gas hunt
  Saturday, January 21, 2012
Italy's Eni and Spain's Repsol have given up looking for gas in Saudi Arabia's Empty Quarter, two sources familiar with the joint venture with Saudi Aramco said.
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 Adnoc signs CNPC deal
  Thursday, January 19, 2012
United Arab Emirates-owned Abu Dhabi National Oil Company has signed a deal with China National Petroleum Corporation to collaborate in upstream projects in undeveloped areas.
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 Tethys hits low oil flow in Oman
  Tuesday, January 17, 2012
Tethys Oil is not giving up on a portion of a block in Oman despite failing to find commercial oil flows with its latest exploration well.
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 Dana Gas Promises to Honor Debt Payments Amid Concern on $1 Billion Sukuk
  Tuesday, January 17, 2012
Dana Gas (DANA) PJSC said it will honor debt obligations as the United Arab Emirates-based energy company faces a $1 billion Islamic bond maturing in October.
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 South Korean PM in Oman to discuss oil
  Sunday, January 15, 2012
South Korean Prime Minister Kim Hwang-sik has arrived in Oman to 'discuss energy issues,' as the country seeks to lower its dependence on Iranian oil in the face of tightening US sanctions.
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 Iran warns Gulf countries not to replace its oil
  Sunday, January 15, 2012
Iran warned its Arab neighbors on Sunday not to raise crude output to replace Iranian oil in the event of an embargo by the European Union, Tehran's OPEC Governor Mohammad Ali Khatibi was quoted as saying.
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 China's Wen presses Saudi Arabia for oil access
  Sunday, January 15, 2012
Chinese Premier Wen Jiabao pressed Saudi Arabia to open its huge oil and gas resources to expanded Chinese investment, media reports said on Sunday against a backdrop of growing tension over Iran and worries over its crude exports to the Asian power.
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 Statoil 'may exit West Qurna 2'
  Saturday, January 14, 2012
Statoil reportedly may be looking to dispose of its stake in the West Qurna 2 field development project in Iraq as security in the country deteriorates following the withdrawal of US forces amid escalating political tensions.
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 Iran says not storing oil in Gulf due to sanctions
  Saturday, January 14, 2012
Iran has not stored oil on tankers in the Gulf, and its crude exports have not been disrupted due to mounting international pressure over its disputed nuclear program, an oil official told the semi-official Mehr news agency on Saturday.
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 China's Wen to Juggle Iran Oil Need With Saudi Ties on Persian Gulf Trip
  Saturday, January 14, 2012
China's Wen Jiabao must balance his country's need for Iranian crude with its budding energy partnership with Saudi Arabia on his first visit to the Gulf kingdom, a U.S.-based specialist in Middle East security said.
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 Saipem awarded E&C onshore contracts worth approximately $600 million in Saudi Arabia
  Friday, January 13, 2012
In December, Saipem has been awarded in Saudi Arabia, by SABIC affiliate Safco (Saudi Arabian Fertilizer Company), the lump sum turnkey contract for the project ''Safco V''.
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 RAK Petroleum and DNO International Complete Merger
  Tuesday, January 10, 2012
Ras Al Khaimah, UAE -- RAK Petroleum Public Company Limited today announced that it has completed the merger of its Middle East-North Africa operating subsidiaries into Norway's DNO International ASA.
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 Hormuz Bypass Oil Pipeline Is Delayed
  Monday, January 9, 2012
A pipeline that would allow oil from the United Arab Emirates to bypass the Strait of Hormuz separating it from Iran has been delayed because of construction difficulties, two people with knowledge of the matter said.
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 EU oil ban 'looms for Iran'
  Monday, January 9, 2012
The European Union (EU) has agreed on a ban on imports of Iranian crude oil but has yet to hammer out a timeframe, according to reports.
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 KPC announces LNG prices for January
  Wednesday, January 4, 2012
The Kuwait Petroleum Corporation (KPCKPC) announced Tuesday the Liquefied Natural Gas (LNG) prices - propane and butane - for January.
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 Dana Gas Bond Yield Jumps Most in Two Weeks Ahead of Meeting
  Tuesday, January 3, 2012
The yield on Dana Gas (DANA) PJSC's Islamic bonds maturing in October climbed the most in two weeks ahead of a planned company board meeting tomorrow.
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 Qatar says Q3 nominal GDP rose by 40% on gas output
  Tuesday, January 3, 2012
Qatar, the world's biggest exporter of liquefied natural gas, said its nominal gross domestic product increased an annual 40 percent on expanding gas output.
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 Iran ratchets up pressure on Kuwait over gas field
  Tuesday, January 3, 2012
Iran said on Sunday that it would launch full-scale unilateral development of the disputed offshore Arash gas field in the Gulf if Kuwait does not respond to its offer of joint development, according to the official IRNA news agency.
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 Saudi Aramco drilling-rigs count to jump 12% in 2012
  Tuesday, January 3, 2012
Saudi Arabian Oil Co plans to increase its drilling-rig count by 12 percent next year to 145 to boost natural-gas and oil output from its Manifa field, a former executive of state-run company said.
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 Tethys Oil: new wells and new oil discovery on Block 3 onshore Sultanate Of Oman
  Thursday, December 15, 2011
The drilling program onshore Block 3 in the Sultanate of Oman continues. On the Farha trend, the FS-17 well encountered yet another oil bearing fault block. Four additional production wells have also been drilled on the Farha South oil field. Outside the Farha trend on Block 3, the exploration well Maha-1 has spudded.
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 Iran to Develop Six New Persian Gulf Offshore Natural Gas Fields
  Monday, October 17, 2011
The National Iranian Offshore Oil Company has announced plans to begin the development of six new offshore natural gas fields in the Persian Gulf, whose reserves are estimated at 25.7 trillion cubic feet.
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 Iraq signs final gas deal with South Korea's KOGAS for Akkas gas field
  Monday, October 17, 2011
Iraq's oil ministry and South Korea's KOGAS on Thursday signed a long-delayed deal to develop the Akkas gas field near the Syrian border, the latest step by the war-ravaged country to tap its own resources to fuel growing power demands.
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 Shell drills more than 100 oil shale wells in Jordan
  Monday, October 10, 2011
Royal Dutch Shell has drilled more than 100 wells in Jordan in the two years since it signed a concession agreement to explore for oil from the country's vast oil shale reserves, a person familiar with the project said.
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 Eni To Bid For Iraq's Nassiriya Oil Field Development
  Thursday, September 29, 2011
Italian energy giant Eni is one of four international companies in contention for Iraq's Nassiriya oilfield. The company in a statement confirmed that it would be participating in the forthcoming auction by the Iraqi oil ministry for the Nassiriya field development.
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 Eni: Zubair field to pump 1.2 million bpd by 2017
  Friday, September 16, 2011
Italian firm Eni says Iraq's Zubair oilfield will reach its peak output target of 1.2 million barrels per day (bpd) by the start of 2017, following Eni's completion of its field development plan.
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 Saudi oil output at 30-year high
  Friday, September 16, 2011
Saudi Arabia pumped the most oil in 30 years last month as it boosted production along with other members of the Organisation of Petroleum Exporting Countries' (Opec) including Nigeria, Angola, Iraq, Kuwait and the United Arab Emirates, the International Energy Agency said.
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 Iraq bars Hess from 4th bidding round over Kurdish deals
  Thursday, September 8, 2011
Iraq's Oil Ministry has excluded U.S oil firm Hess Corp from competing in its 4th bidding round because the company signed deals with Iraq's northern Kurdish region, a senior Iraqi oil official said on Monday. Hess had been among 41 companies pre-qualified by Iraq but was not included on a new list of 40 qualified firms issued on Monday.
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 Iran discovers another gas field worth $133 billion
  Wednesday, August 10, 2011
Hydrocarbon-rich Iran has discovered another gas field with reserves of 495 billion cubic meters, valued at $133 billion, the oil ministry's SHANA news service quoted an oil official as saying Monday.
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 WesternZagros and Talisman agree to split the Kalar-Bawanoor PSC into two areas
  Sunday, August 7, 2011
WesternZagros Resources has announced that it has finalized an agreement with the Kurdistan Regional Government of Iraq (KRG) and Talisman (Block K44) B.V. to amend the original Production Sharing Contract that governed the Company's exploration activities in the Kalar-Bawanoor Block in Kurdistan.
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 Afren Pays $588 Million for Kurdish Fields, Expands From Africa
  Tuesday, August 2, 2011
Afren Plc (AFR), a U.K. oil and gas explorer focused on Africa, has agreed to pay $588 million for interests in two production-sharing contracts in the Kurdistan region of Iraq to expand outside the continent
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 Iran Oil Minister Accuses IEA of Breaching Principles
  Monday, July 4, 2011
Amplifying criticism by oil producers of last week's release of oil from emergency stockpiles, Iran's oil minister Mohammad Aliabadi Monday accused the International Energy Agency of violating "principles" that limit when energy-consuming countries can tap reserves.
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 Iraq signs $1.2 bln power deal with Canada's Capgent
  Monday, July 4, 2011
Iraq has signed a $1.2 billion contract with Canada's Capgent to build 10 power stations with a total capacity of 1,000 megawatts in a bid to meet local demand, the country's Electricity Ministry said on Saturday.
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 Tethys Oil: May test production averages 2,570 bopd
  Thursday, June 16, 2011
Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues with long term production tests on wells from both the Saiwan East oil field on Block 4 and the Farha South oil field on Block 3.
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 Dana Gas Announces 180% Increase in Net Profit
  Thursday, June 16, 2011
Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has announced its financial results for the quarter ended 31st March 2011, with a Net Profit after tax of AED 92 million, a 180% increase compared to the first quarter of 2010, and a 56% increase compared to the last quarter of 2010.
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 Gulf Keystone in Commissioning Phase of Oil Export Operations in Kurdistan
  Tuesday, June 14, 2011
Further to the announcement of 23 May 2011, Gulf Keystone is pleased to announce that currently the Company is in the commissioning phase of oil export operations from its Extended Well Test (EWT) facility close to Shaikan-1 and Shaikan-3.
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 Shell's Pearl gas-to-liquids project to start output within weeks
  Sunday, June 12, 2011
Shell will begin to produce oil products in its multi-billion dollar joint venture gas-to-liquids (GTL) project in Qatar in 'a matter of weeks,' a senior executive said on Tuesday.
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 BGP completes a challenging 2D seismic survey in Saudi Arabia
  Sunday, June 12, 2011
BGP Crew 8615 announced the completion of the S54 2D seismic acquisition contract for Saudi Aramco.
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 Dragon Oil comfirms Turkmenistan oil strike
  Tuesday, June 7, 2011
Dragon Oil plc, an international oil and gas exploration and production company, has announced the completion and initial testing of the Dzheitune (Lam) B/155 development well, the sixth well drilled from the Dzheitune (Lam) B platform.
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 Saudi Aramco sees full capacity at Manifa oil field by 2014
  Tuesday, June 7, 2011
Saudi Arabia's 900,000 barrels-per-day (bpd) Manifa oil field will reach full capacity by 2014, earlier than expected, state oil giant Aramco's 2010 annual review, published on Monday, showed.
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 OMV announces oil discovery at its Bina Bawi-3 well in Kurdistan
  Monday, June 6, 2011
OMV, the leading energy Group in Central and Southeastern Europe, informs about a drilling success in its operated Bina Bawi block in the Kurdistan Region of Iraq.
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 Government of Sharjah signs 23-year concession agreement with Rex Oil and Gas
  Monday, June 6, 2011
Under the directives of HH Sheikh Dr Sultan bin Mohammed Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah, the Government of Sharjah, represented by the Sharjah Petroleum Council, has signed a concession agreement with international oil company Rex Oil and Gas Limited for oil and gas exploration and drilling in Sharjah's Eastern offshore concession.
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 Iraq signs energy agreement with Turkish Petroleum Corporation
  Monday, June 6, 2011
Iraq, eager to supply natural gas to its overburdened power plants, has signed agreements with Korea Gas, Kuwait Energy and the Turkish Petroleum Corporation, or TPAO, to develop two gas fields.
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 Gulfsands suspends Abu Ghazal-1 exploration well in Block 26 after encountering heavy oil
  Thursday, June 2, 2011
Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., provides this update on operations in Syria.
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 MIDEAST STOCKS-Oil lifts Gulf markets, Egypt snaps 4-day rally
  Thursday, June 2, 2011
Most Gulf markets gained on Tuesday, buoyed by rising oil prices, while Egypt's main index .EGX30 halted a four-session rally, dragged by stocks to be dropped from the MSCI index.
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 Iraqi Drilling Firm Starts Work in Zubair Oilfield
  Monday, May 16, 2011
State-run Iraqi Drilling Co has started working in the Zubair oil field under a $250 million contract to drill 23 new wells in the field, developed by Italy's ENI, the head of the firm said on Sunday. Director Idrees al-Yassiri said the two-year contract also included overhauling 63 old wells in Zubair.
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 Gulfsands Petroleum Announces Oil Discovery in KHE-101, Syria
  Monday, May 16, 2011
Gulfsands Petroleum plc, the AIM listed oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., provides an update on operations in Syria.
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 Taqa profit falls 47% as UK tax on North Sea rises
  Monday, May 16, 2011
Abu Dhabi National Energy Company (Taqa) said yesterday its net profit for the fiscal first quarter fell 47 per cent year on year to Dh152 million due to an increase in taxes on operations in the UK North Sea.
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 Dana Gas to consider listing in London exchange
  Monday, May 16, 2011
Dana Gas will consider a wide range of options, including a potential listing on the London Stock Exchange, before deciding on the approach most likely to enhance the company's value, its's chief executive told Gulf News.
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 UAE developing Umm Lulu oil field in Arabian Gulf
  Monday, May 16, 2011
Abu Dhabi Marine Operating Company (ADMA-OPCO) is developing a major new oil field about 30 km northwest of the city in the Arabian Gulf. The Umm Lulu field will be developed in stages and contains sufficient reserves to eventually reach production of more than 100,000 barrels per day.
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 Saudi Arabia prepares rig boost
  Tuesday, March 29, 2011
Top oil exporter Saudi Arabia has unexpectedly called on oilfield service companies to expand its oil rig count by nearly 30% to boost output capacity, according an analyst.
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 Total CEO: gas production in Yemen almost normal
  Tuesday, March 29, 2011
Total continues to produce liquefied natural gas in Yemen at close to normal levels, according to Chief Executive Christophe de Margerie.
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 Yemen LNG disruption fears
  Wednesday, March 23, 2011
Liquefied natural gas producer Yemen LNG has told customers unrest in the country could lead to supply disruptions and possible force majeure, according to a spokeswoman for leading stakeholder Total.
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 Kulczyk Oil notes prospective resources in Syria
  Tuesday, March 22, 2011
Kulczyk Oil announced the results of an independent third party engineering evaluation of its resources in by RPS Energy (RPS).
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 PDO workers stage strike
  Wednesday, March 16, 2011
Several hundred workers at Oman's state oil company Petroleum Development Oman (PDO) staged protests at company headquarters and at least one oil and gas field, demanding higher wages.
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 Opec considering output boost
  Wednesday, March 9, 2011
Opec is in consultations regarding a potential boost in oil output but hasn't decided whether to approve one, said Kuwait's Oil Minister.
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 Wasit 'award' for Saipem
  Wednesday, March 2, 2011
Italian oil services contractor Saipem is reported to have won a contract for offshore work at Saudi Aramco's non-associated gas fields feeding Wasit, Saudi Arabia's biggest gas plant, according to industry sources.
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 Saudi Aramco says supply needs met
  Monday, February 28, 2011
Demand for extra oil supply following disruption to exports from Opec member Libya has been met, Saudi Aramco chief executive Khalid Falih told reporters.
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 Protests no problem for Yemen LNG
  Thursday, February 24, 2011
Recent protests in Yemen will not stop Total-led Yemen liquefied natural gas from reaching full output capacity in the next six months, a spokesman for the company has said.
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 Centrica lines up Qatargas LNG
  Wednesday, February 23, 2011
UK utility Centrica said it entered into a three year contract with Qatargas to deliver 2.4 million tons per annum of liquefied natural gas to the UK's Isle of Grain terminal.
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 Fluor awarded early works contract for ExxonMobil's Qurna field
  Wednesday, February 23, 2011
Fluor announced that ExxonMobil Iraq Limited has awarded the firm an early works program contract for the West Qurna (Phase I) field near Basra, Iraq.
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 Iraq's Shell gas deal reaches advanced stage
  Wednesday, February 23, 2011
The $12 billion deal between the Iraqi government and Shell to produce gas from southern Iraqi oil fields has reached an advanced stage, said Iraq's Deputy Prime Minister for Energy.
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 Economists warn of an oil-sparked recession
  Wednesday, February 23, 2011
If ongoing political turmoil in North Africa and the Middle East pushes crude oil prices to $120 per barrel or more permanently, the global recovery from the worst recession since the 1930s would be hampered, according to a top economist.
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 Syria likely to award some onshore blocks in Feb-Minister
  Wednesday, February 23, 2011
The Syrian government will award contracts to explore, develop and produce hydrocarbons from eight onshore blocks later this month, said the country's oil minister.
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 Repsol suspends ops in Libya
  Wednesday, February 23, 2011
Spain's biggest oil company Repsol has suspended its operations in Libya, said a spokesman for the company.
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 Lamprell lands newbuild jackup order
  Wednesday, February 23, 2011
UAE based shipbuilding yard Lamprell said it has received a new contract from Singapore's Greatship Global Energy Services for a newbuild self-elevating jackup.
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 Suhail Star arrives for OSX
  Wednesday, February 23, 2011
Brazilian oil services company OSX has received the very large crude carrier Suhail Star, the second of the two VLCC sister-vessels it agreed to buy from Saudi Aramco subsidiary Vela International Marine as part of a $54 million deal.
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 Borouge extends lifetime of steel pipelines
  Wednesday, January 12, 2011
At the Arabplast Exhibition held in Dubai from January 8 – 11, 2011, Borouge, a leading provider of innovative, value creating plastics solutions, showed how it is contributing to the Oil and Gas Industry in the Middle East, helping them extend the lifetime of their steel pipelines by internally lining them with durable, corrosion resistant polyethylene.
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 Platts: OPEC Pumps 29.27 MMbpd in Dec
  Wednesday, January 12, 2011
The 12-member Organization of the Petroleum Exporting Countries' (OPEC) crude oil production averaged 29.27 million barrels per day (b/d) in December, up 170,000 b/d from an estimated 29.1 million b/d in November, according to a just-released Platts survey of OPEC and oil industry officials and analysts.
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 Rumaila Exceeds 10% Improved Production Target
  Wednesday, January 12, 2011
The Rumaila Operating Organisation (ROO) has met a major milestone in the re-development of the super-giant field in Southern Iraq by increasing production by more than 10 per cent above the 1.066 million barrels a day (b/d) initial production rate agreed in December 2009.
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 Iraq to auction giant field in 2011
  Wednesday, January 12, 2011
Iraq plans to hold a licensing auction later this year to award the giant Nassiriya oil field to international oil companies, the country's Deputy Prime Minister for Energy Hussein al-Shahristani told a visiting Japanese minister of trade and industry, according to the Dow Jones Newswires.
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 BAN KI-MOON to speak at World Future Energy
  Tuesday, January 11, 2011
His Excellency Ban Ki-Moon, Secretary-General of the United Nations, today announced his participation and attendance at the fourth annual World Future Energy Summit (WFES), held in Abu Dhabi from 17-20 January 2011, and hosted by Masdar.
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 Syria operations is mixed bag for Gulfsands
  Monday, January 10, 2011
Gulfsands Petroleum which is involved in oil and gas production, exploration and development activities in Syria, Iraq, Tunisia, Italy and the US, has released an update on its operations in Syria.
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 Preparation for New Bid Round in Iraq
  Sunday, January 9, 2011
Iraq will start arrangements next week to hold a fourth licensing auction to award several oil and gas exploration contracts to international companies, a senior Iraqi oil official said yesterday.
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 Kuwait and Iran play the opposition role
  Sunday, January 9, 2011
Two of Opec's leading members, Iran and Kuwait, have rebuffed that oil prices exceeding $90 per barrel were damaging the global economy, saying there was no need to increase supply.
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 Israel's new offshore gas exploration may change the game
  Sunday, January 9, 2011
The last week's confirmation of the largest underwater discovery of natural gas in a decade off Israeli shores has made many in the Jewish state dizzy with talk of becoming a global energy power possessing reserves worth tens of billions of dollars.
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 Gulf Keystone Cites 'Huge Hydrocarbon Potential' in Kurdistan
  Thursday, January 6, 2011
Gulf Keystone announced the completion of drilling and testing operations on its Shaikan-3 shallow appraisal well. This well was designed to drill and test the Cretaceous intervals in the immediate vicinity of the Shaikan-1 discovery well.
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 Iraqi Oil Ministry: Anbar Gas Fields under major progress
  Monday, December 27, 2010
Negotiations between the Iraqi Oil Ministry and the local government in West Iraq's Anbar Province, regarding the contracts to develop the gas fields in the province, has achieved a "major progress," according to a leading Oil Ministry spokesman.
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 New oil center to be launched in Riyadh
  Monday, December 27, 2010
A new center for petroleum studies being constructed in Riyadh will conduct highly advanced studies in the fields of energy and the environment, said Oil Minister
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 Tehran seals $6.5 billion gas deals
  Monday, December 27, 2010
Iran signed new contracts in the gas sector worth $6.5 billion, a senior official was quoted.
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 Saipem wins $1.2 billion Middle East contracts
  Monday, December 27, 2010
Saipem has been awarded new onshore contracts with a total value in excess of $1.2 billion.
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 Aramco plans early start at Wasit
  Thursday, December 9, 2010
Saudi Aramco plans to bring the giant Wasit gas plant on line in 2013, earlier than expected, as it speeds up gas output expansion to meet rising domestic demand.
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 ExxonMobil wants UAE deal changes
  Tuesday, November 2, 2010
ExxonMobil wants to extend its oil concessions with Abu Dhabi, but asks for its contracts to be redrawn so it can use all its technology without rivals gaining access, its senior vice president said.
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 Gulf Keystone IDs Oil Shows in Iraq
  Tuesday, November 2, 2010
Gulf Keystone announced the following update for the current exploration and testing activities in the Kurdistan region of Iraq.
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 Redline Hooks O&G Contract in Oman
  Tuesday, November 2, 2010
Redline has signed a major contract to supply connectivity for a large digital oil field project in Oman.
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 Tethys Oil: Farha South-4 well tests 3,079 bopd on pump in block 3 onshore Sultanate of Oman
  Sunday, October 24, 2010
The Farha South-4 well ("FS-4") in Block 3 onshore the Sultanate of Oman has been completed. The pilot hole was drilled to a depth of 2,039 metres. Both the Barik and the Lower Al Bashir formations were penetrated with oil shows.
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 Dana, Crescent's Kurdistan gas output at 200 mcf/day
  Monday, October 11, 2010
Crescent Petroleum and affiliate Dana Gas have reached a production and processing capacity of 200 million cubic feet (mcf) of gas per day in Iraq's Kurdistan region, said a company statement.
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 Iran Seeks to Export Gas to Lebanon, Revamp Refineries
  Sunday, October 10, 2010
Iran and offered to rehabilitate Lebanon's refineries and invest in water projects and gas supplies in the east Mediterranean country and officials from the two countries will discuss the offer today, the Lebanese energy minister's senior adviser said.
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 Retention and employee engagement the topmost HR challenge in the MENA Region's Oil & Gas sector
  Sunday, October 10, 2010
In a recent survey conducted by the International Quality and Productivity Centre, 44% of the 2,895 Energy sector respondents have chosen retention and employee engagement as the topmost HR challenge in the Oil & Gas sector compared to 19% for recruitment.
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 Aramco CEO: Future generations to rely mainly on Fossil Fuels
  Wednesday, September 15, 2010
Khalid A. Al-Falih, president and chief executive officer of Saudi Aramco, delivered the keynote speech "Accessibility and Acceptability: Striking the Balance for an Optimal Energy Future" at the 21st World Energy Congress in Montreal, Canada.
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 RWE and Kurdistan Regional Government of Iraq sign cooperation agreements
  Tuesday, August 31, 2010
RWE today announced that it has signed Cooperation Agreements with the Kurdistan Regional Government in Iraq with the aim of helping it to develop and design its domestic and export gas transportation infrastructure - creating a route to market for Kurdistan's major gas reserves.
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 Baker Hughes and Iraqi South Oil Company sign strategic alliance agreement
  Monday, August 16, 2010
Baker Hughes announced it has signed a three-year strategic alliance with Iraq's South Oil Company (SOC) to provide technical services to SOC's wireline logging department in Burj Esya, Basra south Iraq.
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 A hi-tech architectural "dress" in DuPont Corian techno-surface for the whole network of SOCAR's gasoline stations in Azerbaijan
  Monday, July 12, 2010
All the building structures of the national network of gasoline stations of SOCAR are going to "wear" an external cladding made with DuPont Corian.
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 Burgan accounts for half of Kuwait output
  Tuesday, June 29, 2010
Half of Kuwaits oil production comes from Burgan, the second largest oilfield in the world, a senior oil official said in published remarks.
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 J. Ray delivers Qatargas platform
  Wednesday, June 16, 2010
Qatargas has taken a major step towards completing work for its Qatargas 3 and Qatargas 4 ventures with the 'Mechanical Acceptance' and handover of the first of three offshore gas production platforms, known as 'QW8', from contractor, J. Ray McDermott (JRM).
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 Enefit signs oil shale concession agreement with Jordan
  Tuesday, May 18, 2010
CRA International, a worldwide leader in providing management, economic, and financial consulting services, announced that the Company advised the government of Jordan in the structuring and negotiation of an oil shale concession agreement that will allow Enefit, an affiliate of Eesti Energia AS, to explore and develop oil shale resources in Jordan.
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 DNO: increase in Yaalen flow
  Tuesday, May 18, 2010
The second test in Yaalen-3 flowed 2,650 barrels of oil per day (bopd). As the first test flowed 1.400 bopd, the aggregated flow rate from the two tests is 4,050 bopd.
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 Qatar Petroleum, Shell and Petrochina sign new Exploration and Production Sharing Agreement
  Monday, May 17, 2010
Qatar Petroleum on behalf of the Government of the State of Qatar has signed a new Exploration and Production Sharing Agreement with Shell and PetroChina Company Limited for Qatar Block D.
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 New technology 'to boost Saudi recovery rates'
  Monday, May 10, 2010
Saudi Oil Minister, Ali Naimi said that his country is aiming to boost recovery rates at key producing oilfields up to 70% through using a new technology.
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 DNO: initial results from the testing of Yaalen-3
  Monday, May 10, 2010
DNO reported initial results from the testing of Yaalen-3, in the Republic of Yemen. The first test in Yaalen-3 flowed 1,400 barrels of oil per day, with no water. The test rate was restricted by the equipment used during the test, and the Company expects that this interval has the capacity to flow in the order of 4,000 - 5,000 bopd.
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 TNK-BP and IOCOI establish a joint venture to develop fields in Iraq
  Sunday, May 9, 2010
TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) have signed an agreement to establish a joint venture aimed at identifying potential projects to acquire, develop and operate oil and gas fields on the territory of Iraq.
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 Tethys Oil Commences Drilling of Saiwan East Well
  Thursday, May 6, 2010
Drilling of the Saiwan East-3 ("SE-3") well on Block 4 onshore Oman has commenced. Well SE-3 is an appraisal well drilled to appraise and develop the discovery of light oil in the Khufai formation made in 2009.
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 Qatargas pushes on with LNG maintenance
  Wednesday, May 5, 2010
Qatargas, one of Qatar's top two exporters of liquefied natural gas would complete scheduled maintenance on two LNG production facilities by the end of May, according to reports.
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 Foster Wheeler Awarded PMC Contract by ADCO for Oil Field Development in UAE
  Wednesday, May 5, 2010
Foster Wheeler AG announced that its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) contract by the Abu Dhabi Company for Onshore Oil Operations (ADCO) for the Bab Field expansion and the development of the Qusahwira Field in the United Arab Emirates.
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 CROSCO mobilizes additional workover rigs to Oman
  Tuesday, May 4, 2010
CROSCO Integrated Drilling & Well Services Co., Ltd. announced that two additional workover rigs, CROSCO Cardwell 9 and CROSCO Cardwell 10 have been mobilized to Oman. Both workover rigs will be made available to CROSCO's joint venture company in Oman (MIDWESCO) for workover and field maintenance services.
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 Fluor Wins Offshore FEED Contract in Abu Dhabi
  Tuesday, May 4, 2010
Fluor Corporation announced that its Fluor Offshore Solutions unit has been awarded a front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for offshore facilities located 120 kilometers off the northwest coast of Abu Dhabi City.
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 Mott MacDonald is awarded oil and gas resource assignment in Oman
  Thursday, April 29, 2010
Mott MacDonald has been appointed by Oman Refineries and Petrochemicals Company LLC to provide specialist engineering services to its Sohar division in Oman.
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 Fluor to Perform Jetty Boil-Off Gas Recovery Project for Qatargas
  Thursday, April 29, 2010
Fluor Corporation announced that it was awarded an engineering, procurement and construction management (EPCM) contract by Qatargas Operating Company Limited in Ras Laffan, Qatar.
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 Yousefieh Field Achieves First Oil Production
  Thursday, April 29, 2010
Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, and the U.S.A., provided the following update on the Company's operations at Block 26, Syria where Gulfsands holds a 50% interest and acts as operator.
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 TATNEFT Begins Oil Production in Syria
  Sunday, April 18, 2010
Al Bou Kamal Petroleum Company, a joint venture between TATNEFT and the General Petroleum Corporation of Syria, established on a parity basis, started crude oil production from the South Kishma oil field in the Syrian Arab Republic.
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 Total and Partex eye Oman prizes
  Monday, April 12, 2010
France's Total and Portugal's Partex both plan to bid for oil and gas exploration blocks that Oman plans to auction, according to an executives from the companies.
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 Total Fires Up 2nd Yemen LNG Train
  Tuesday, April 6, 2010
Total announced that the second train of the Yemen LNG natural gas liquefaction plant has started production. Combined with liquefied natural gas (LNG) production from the first train, commissioned on October 15, 2009, it will enable the Yemen LNG plant to reach its full capacity.
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 Tethys Petroleum Limited: Drilling Commences on AKD02 (Doris) Appraisal Well
  Tuesday, April 6, 2010
Tethys Petroleum Limited announced that it had commenced drilling the AKD02 appraisal well in Kazakhstan. The AKD02 appraisal well is the first appraisal well of the AKD01 (Doris) oil discovery that flowed at a rate of 6,800 barrels of oil per day ("bopd") and will provide valuable further information on the size of the new oil field.
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 ADROK Sets Sights On Middle East Expansion
  Thursday, April 1, 2010
Scottish company Adrok Group Ltd, which is set to save the oil and gas industry billions of pounds through its groundbreaking imaging technology, has signed a deal with International Business Development Company LLC (IBD Group) - expanding its services into the Middle East.
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 J. Ray McDermott Awarded EPCI Project by Saudi Aramco
  Thursday, March 25, 2010
J. Ray McDermott, S.A. (J. Ray), a subsidiary of McDermott International, Inc., has been awarded a project to upgrade crude gathering and power supply facilities in Saudi Aramco's Safaniya field.
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 NPCC wins $560m Qusahwira job
  Wednesday, March 24, 2010
Adco, Abu Dhabi National Oil Company, Adco announced that it signed a $560.4 million oilfield development contract with the UAE's National Petroleum Construction Company (NPCC).
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 RAK finds gas in Oman
  Tuesday, March 23, 2010
RAK Petroleum said that it found gas in the Hamrat Duru-4 appraisal well in Block 30 onshore Oman. Hamrat Duru-4 is the first appraisal well drilled to test the Shuaiba reservoir on the Hamrat Duru structure as the primary target.
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 PetroChina sets sights on the Mideast
  Monday, March 22, 2010
PetroChina, China's top energy company, stated that it's planning to boost its presence in the Middle East in a move intended to increase foreign production to meet a shortfall from domestic fields.
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 Key Energy Services Enters Middle East Market
  Sunday, March 21, 2010
Key Energy Services Inc. has formed a joint venture with AlMansoori Specialized Engineering of Abu Dhabi, United Arab Emirates. The new joint venture, AlMansoori-Key Energy Services L.L.C., will be headquartered in Abu Dhabi and will provide well intervention services in the Middle East and North Africa.
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 Longford to serve as operator of Kurdistan block
  Tuesday, March 16, 2010
Longford Energy announced that it has been recently appointed as the Operator of the Chia Surkh Block and plans to commence seismic acquisition during the second quarter of 2010.
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 Tethys Oil: Oman 3D Seismic Survey Operations Expand
  Tuesday, March 16, 2010
The 3D seismic survey over the East Saiwan structure on Block 4 has been completed. The information is now being processed and new maps will be available shortly.
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 Iran wants OPEC ceiling unchanged
  Monday, March 15, 2010
Masoud Mirkazemi, Iranian Oil Minister said that his country wants OPEC oil output ceiling to remain unchanged when the group meets during this month.
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 UniQ Land Seismic System Reaches 80,000 Channel Milestone
  Monday, March 15, 2010
WesternGeco announced that the UniQ integrated point-receiver land seismic system has set a new industry record in Kuwait for Kuwait Oil Company (KOC) in acquiring data from 80,000 live digital point-receiver channels at a two-millisecond sample interval.
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 Oman boosts oil flows
  Monday, March 15, 2010
Statistics showed that Oman oil production increased to an average of 849,400 barrels per day. It was also reported that Oman sold its oil at an average price of $77.64 per barrel in January, up from $73.40 per barrel a month earlier.
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 Gulf Keystone raises initial $24 million for drilling
  Monday, March 15, 2010
Gulf Keystone Petroleum said that it raised 16 million pounds ($24 million) to start the initial stages of its 2010 drilling program in Iraq, with expectations for the number to rise during the year.
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 OPEC may face Iraq challenge sooner than expected
  Thursday, March 11, 2010
The storm brewing on OPEC's horizon over future Iraqi oil output could engulf the producer group sooner than it would like.
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 OIL Field Discovery in Syria by OVL and Partner
  Monday, March 8, 2010
ONGC Videsh Ltd. and its partner IPR Mediterranean Exploration Ltd. have made significant new oilfield discoveries in Block-XXIV located in northeastern part of Syria. The discoveries of Rashid and Abu Khashab fields have been back to back in 2009.
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 Iran signs on Chinese rig
  Monday, March 8, 2010
Iran's North Oil Drilling Company signed a $143 million deal with a unit of China National Petroleum Corporation, according to reports.
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 Aramco to drill in Red Sea's deep waters
  Wednesday, March 3, 2010
The giant state-owned company Saudi Aramco is planning to explore in deeper offshore areas of the Red Sea on a search for new energy treasures in the next two years.
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 Iran to tender 8 exploration blocks
  Wednesday, March 3, 2010
"We are planning to hold tenders on eight exploration blocks soon. We are currently preparing the needed documents on these blocks," Mahmoud Mohaddes, exploration chief at National Iranian Oil Company, was quoted as saying by the semi-official Mehr News Agency.
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 Abu Dhabi: Takreer signs $9.6b deals to boost capacity
  Wednesday, March 3, 2010
Takreer, Abu Dhabi's oil refining company inked four agreements worth $9.6 billion (Dh35.25 billion) with four Korean companies to expand its oil refining capacity in Ruwais by the end of 2013, according to WAM the Emirati News Agency.
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 Syria to Buy Azerbaijani Gas
  Wednesday, March 3, 2010
Syria made an agreement with Azerbaijan to buy 1 to 1.5 billion cubic meters of Azerbaijani gas annually through Turkey.
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