MEOG - Middle East Oil & Gas
Iran to wrap up South Pars rigs overhaul next week ahead of winter gas surge
Iran will complete its annual overhaul of offshore platforms at the South Pars gas field next week, as the country gears up for higher gas demand during the cold season, said an energy official.
Iran starts basic engineering phase at shared Farzad-B gas field
Iran has launched the basic engineering phase of its long-delayed Farzad-B gas field development project, marking the formal start of the technical and execution stage, a project official said.
Iran values newly discovered gas reservoir in Pazan field at $100bn
The newly discovered gas reserves in the Pazan field in the country’s south are valued at around $100bn, a senior official at the National Iranian Oil Co. (NIOC) said.
Algeria’s Sonatrach signs $5.4bn oil exploration deal with Saudi Madad Energy
Algeria’s Sonatrach has signed a $5.4bn, 30-year oil and gas development deal with Saudi Arabia’s Madad Energy for the Illizi region, which will fully finance the project.
Egypt allows Shell and Petronas to export 10 LNG cargoes worth $280mn
Egypt will resume limited LNG exports this winter under a $280mn plan involving Shell and Petronas, allowing 10 cargoes to be shipped from the Idku liquefaction terminal between November 2025 and March 2026.
Iran’s oil output jumps by 250,000 bpd in September
Iran’s crude oil production surged by 250,000 barrels per day (bpd) in September compared with August, reaching 3.45mn bpd, the US Energy Information Administration (EIA) said.
Libya’s NOC launches gas compression project at main offshore field
Libya’s National Oil Corporation (NOC) has officially launched the implementation phase of a gas compression project at the offshore Bahr Essalam field
US oil firm Apache plans to boost oil production in Egypt
US-based energy company Apache is preparing to ramp up its oil production efforts in Egypt, capitalising on promising opportunities for discoveries
Algeria, Syria and UAE discuss expanding energy cooperation
The Syrian administration is currently discussing ways to boost energy cooperation with the United Arab Emirates and Algeria
Iranian energy giant targets 10mn gas output rise from three onshore fields
The Iranian Central Oil Fields Co. (ICOFC) has launched a major plan to ramp up gas production by 10mn cubic metres (mcm) per day from three of its onshore fields — Dey, Khartang, and Toos — as part of efforts to develop non-shared reservoirs.
KKR deepens Abu Dhabi ties with stake in ADNOC Gas Pipelines
KKR has made a return to Abu Dhabi’s energy infrastructure, acquiring a minority stake in the entity that leases the gas pipeline assets of ADNOC
Iran warns of tit-for-tat response if US interferes with its oil tankers
A senior Iranian lawmaker warned that the Islamic Republic would hit back in kind if the United States attempted to interfere with Iranian oil tankers, as tensions run high following the return of UN sanctions on Iran in late September.
Iraq inaugurates third marine oil pipeline with 2.4mn bpd capacity
Iraqi Oil Minister Hayyan Abdulghani confirmed the launch of the Third Marine Oil Pipeline Project, highlighting its potential to provide multiple export options for the country’s crude oil.
Iraq launches project to increase associated gas production capacity
: Iraq launches Zubair-Mushref gas separation station expansion project to increase associated gas production capacity and supply power stations with additional clean fuel quantities.
China vows action after US sanctions on Iran oil shipping networks
China vows to take appropriate measures to ensure energy security and protect companies after US Treasury sanctions more than 50 individuals, entities and vessels over Iranian oil and LPG shipments.
Follow us online