MEOG - Middle East Oil & Gas

Oil pares losses as White House denies report US and Iran near 'crude exports for nuclear pause’ deal

Sources describe several face to face meetings on American soil.

Iran cooperating with Russia, Qatar and Turkmenistan on potential Persian Gulf gas hub

Israel’s NewMed reveals partners’ development plan for Cyprus Aphrodite field

Israel’s NewMed Energy, formerly Delek Drilling, has announced that it, along with the partners in Cyprus’ offshore Aphrodite gas field, has submitted to the Cyprus government an updated development plan for the 4.4 tcf gas resource.

ADNOC Drilling signs deal for two more jack-ups

The drilling arm of Abu Dhabi National Oil Co. (ADNOC) has struck a deal to acquire two top-of-the-range offshore jack-up rigs for a fee of $220mn.

Unloading to begin to make Safer safe

Work to remove 1.1mn barrels of oil from a decaying tanker moored off the coast of Yemen is set to begin soon, the United Nations has said.

Saudi cuts deeper as OPEC+ extends deal

Saudi Arabia has announced that it will cut its oil output by 1mn barrels per day in July, with OPEC+ agreeing to extend its current deal until next year.

MEOG: Iran confident on future production

Fresh wrangling threatens attempts to restart Iraqi Kurdistan oil exports from Turkey’s Ceyhan

Trillion launches fifth Black Sea well

Canada’s Trillion Energy has commenced production from its fifth well in the ongoing drilling campaign in the Black Sea, it said this week. The drilling operations took place in a natural gas field off the coast of Turkey.