MEOG - Middle East Oil & Gas

21 January 2025

Saudi Aramco and Welspun to establish a new pipeline facility

20 January 2025

Welspun has signed a partnership deal with Saudi Aramco to establish a line pipe manufacturing facility in Saudi Arabia.

Iran and Russia agree on broad framework for collaboration

20 January 2025

Iran and Russia recently signed a comprehensive strategic joint agreement, comprising 47 articles.

China's EBS discusses East Baghdad plans

19 January 2025

Chinese firm EBS has held meetings with Iraq’s Ministry of Oil to discuss plans for the East Baghdad oilfield.

Iraq lines up Halliburton to support Nahr Bin Omar development

19 January 2025

Iraq is nearing the finalisation of an agreement with Halliburton, the US oil services firm, to develop the Nahr Bin Omar oilfield, according to Basra Oil Co. (BOC) director general Bassem Abdul Karim.

Iran to restart offshore oil exploration after five-year pause

19 January 2025

Iran is poised to resume offshore oil exploration after a hiatus of more than five years.

Iran, Russia set to conclude energy deal

19 January 2025

Iran is on the verge of concluding an energy deal with Russia, following months of negotiations, Iran's Oil Minister Mohsen Paknejad said after the two nations signed a partnership treaty to boost economic cooperation.

Gas output record shattered six times this year in Iran, senior official says

16 January 2025

Iranian Deputy Oil Minister Saeed Tavakkoli said the record for daily gas production was broken six times from November 1, 2024, to January 15, 2025, peaking at 876mn cubic metres.

US sanctions might affect one-third of Iranian oil sales, IEA says

16 January 2025

The new US sanctions on Iran’s oil industry may have cut down the country’s crude supply, the International Energy Agency (IEA) said.

US Department of Energy predicts 8% slide in Brent price in 2025

15 January 2025

The US Department of Energy expects Brent crude oil prices to decline to an average of $74 per barrel in 2025, an 8% drop from 2024 levels.

Iraq's London moment marks its post-Saddam era's coming of age

15 January 2025

When Iraqi Prime Minister Mohammed Shia al-Sudani sat down with King Charles III in London on January 14, the symbolism could not have been more profound. It was twenty years after the fall of Saddam Hussein's hated regime.

Output at Iran’s Azadegan field 21% above target

15 January 2025

Oil production in the southern section of Iran’s Azadegan oil field in the oil-rich Khuzestan province has surged 21% above its daily target, said the CEO of the company operating the field.

Iraq, BP to sign major Kirkuk fields deal worth over $27bn

15 January 2025

A memorandum of understanding (MoU) was signed in London to assess the feasibility of a comprehensive redevelopment programme for four oil fields in Kirkuk as part of a bigger BP deal.

Oil shipping rates jump after dozens of vessels hit by US sanctions

15 January 2025

Supertanker freight rates surged sharply after the United States blacklisted more vessels carrying sanctioned oil from Russia and Iran.