MEOG - Middle East Oil & Gas

Cyprus rejects Chevron’s Aphrodite development plan

A further delay in developing the Aphrodite gas field has come due to the Cypriot government’s rejection of a development plan for the island’s main offshore hydrocarbon resource proposed this summer by Chevron and its partners Shell and NewMed.

Tests begin at Gharraf power plant

Tests began this week at the Gharraf gas-fired power station by the oilfield of the same name in Iraq’s Dhi Qar Governorate.

BRICS+: what could this future political alliance mean for oil and gas markets?

Regional rig operator ADES aims to raise $1bn through IPO

Saudi-based oil and gas services firm Advanced Energy Systems (ADES) is aiming to raise $1bn through offering 30% of its shares in an initial public offering on Tadawul, the Saudi stock exchange.

ADES reveals plans for IPO

Saudi Arabian oilfield drilling firm ADES Holding this week announced plans to carry out an initial public offering, relaunching the company on public markets, this time on the Saudi stock exchange.

KOC extends services contracts for northern fields

State-owned Kuwait Oil Co. (KOC) this week extended contracts with services firms relating to ongoing work on fields in the north of the country.

Iran’s Raisi inaugurates final phase of South Pars development

Oil spill spreading from undersea pipeline leak in southern Iran

A leak in undersea oil transmission pipeline has resulting in a spreading oil spill in the port city of Bandar Genaveh in Bushehr Province in the south of Iran, a local official with the Department of Environment, Abdulrahman Moradzadeh, announced.

BRICS MATERIALS: the flourishing intra-BRICS oil trade

The addition of the Kingdom of Saudi Arabia, UAE and Iran to the BRICS+ at a summit on August 24 came as a surprise to many, but it has also significantly increased the body's clout in international oil markets.

MEOG: ADNOC signs EPC deals for Bab, Bu Hasa expansion

Trillion looks to boost gas output rates offshore Turkey

Iran appoints Afshin Javan as acting OPEC governor

Gas leak at sarakhs refinery results in two dead, several injured

Joining BRICS is a big win for Iran

Iranian President Ebrahim Raisi has flown to South Africa to begin talks on Tehran's integration into BRICS starting from January. The move could finally free Iran's economy from four decades of US sanctions applied since the 1979 revolution.

Iraq strikes initial deal to import Turkmen gas

TotalEnergies starts drilling offshore Lebanon

TotalEnergies and its partners in the Lebanese offshore, Italy’s Eni and Qatar Energy, this week spudded their first well in Lebanon’s Block 9 with the hope of making a natural gas discovery.

ADNOC signs EPC deals for Bab, Bu Hasa expansion

The onshore development directorate of the Abu Dhabi National Oil Co. (ADNOC) this week awarded deals to a Chinese contractor for the expansion of production from two key oilfields.

ADNOC inks 5-year LNG supply deal with Japan’s JAPEX

Abu Dhabi National Oil Company (ADNOC) has reached agreement with Japan Petroleum Exploration Co (JAPEX) to supply it with LNG on a five-year deal Reuters reported on August 17.

Iran's oil production to increase, despite challenges