MEOG Top Story archive

23 August 2016, Week 33 Issue 589

Baghdad is reported to have finalised long-awaited agreements with the operators of its largest southern oilfields on their development budgets for the remainder of the year. In doing so it has...

09 August 2016, Week 31 Issue 587

Project financing activity picked up in Bahrain following the end of the Eid holiday in mid-July, as the Manama government pressed ahead with major strategic schemes in defiance of fiscal...

28 June 2016, Week 25 Issue 528

Saudi oil shipments reached a six-month low in April, official data from the Joint Organisations Data Initiative (JODI) in Riyadh show.

05 April 2016, Week 13 Issue 569

US-based Occidental Petroleum (Oxy) signalled its intention to defend its role as Oman’s largest independent producer in late March. It pledged to embark on a fresh exploration effort on its main...

01 March 2016, Week 08, Issue 564

The partners in Israel’s offshore Leviathan gas field announced on February 25 that they had submitted a revised development plan for the field to Israel’s Petroleum Commission. This is expected...

09 January 2016, Week 05 Issue 561

State-owned Saudi Aramco awarded the three pipeline contracts on the second-phase expansion of the company’s national Master Gas System (MGS) to local firm Saudi KAD Construction in late January...

26 January 2016, Week 03, Issue 559

Shortly after releasing annual budgets envisaging ballooning deficits, Gulf Co-operation Council (GCC) states embarked on moves to plug their anticipated shortfalls.

Saudi Arabia and Oman...