MEOG - Middle East Oil & Gas

4 April 2023

Iranian minister highlights multi-billion-dollar FDI

3 April 2023

Iran has signed over $80bn of memoranda of understanding (MoUs) with foreign investors to finance its oil projects, said Houshang Falahatpour, Iran's deputy oil minister.

Turkey to bring Black Sea Sakarya gas ashore in coming weeks

3 April 2023

Turkish Energy Minister Fatih Donmez said natural gas from the Black Sea offshore Sakarya gas field would soon be landed in Turkey and utilised by 21 April.

Iranian production increases; Tehran eyes more growth

2 April 2023

Iran’s oil production is estimated to have grown by around 20,000 barrels per day despite sanctions on purchases, while Tehran is expecting to see an increase in both oil and gas output this year.

Iraq marks start of Akkas gas production

2 April 2023

Iraqi Oil Minister Hayan Abdulghani last week commemorated the start of gas production at the Akkas gas field in the country’s Western Dessert.

OPEC+ announces surprise output cut

2 April 2023

OPEC and several of its partners in the OPEC+ group made a surprise announcement over the weekend, declaring that they would make a voluntary oil production cut of 1.15mn barrels per day, which will run until the end of the year.