MEOG - Middle East Oil & Gas
Four consortia bid on Israel’s fourth offshore licensing round
Israel's Ministry of Energy and Infrastructure said last week that four bidding groups had submitted six proposals for exploration in the country’s offshore territory.
Iraq kicks off projects at West Qurna-1
Iraqi Oil Minister Hayan Abdulghani this week inaugurated several projects that are key to the further development and future expansion of the West Qurna-1 oilfield.
Kuwait to set up sovereign fund to develop mega projects
Kuwait is planning to establish a new sovereign fund called Ciyada Development Fund, according to Reuters.
UN vessel arrives off Yemen to replace Safer
A United Nations-owned oil tanker has arrived off the coast of Yemen with the objective of extracting 500,000 barrels of crude from a deteriorating floating storage and offloading (FSO) tanker that poses a significant risk to the surrounding area.
BP, SOCAR join forces on Israel bid amid Aphrodite optimism
The East Med is enjoying a resurgence in investor interest amid positive drilling results and ongoing uncertainty about supply.
Iran adds to West Karoun output
Oil production from Iran’s West Karoun oilfields has risen by 20,000 barrels per day in the current Iranian calendar year, which began on March 21, according to the Arvandan Oil and Gas Co. (AOGC).
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