MEOG - Middle East Oil & Gas

31 January 2024

ADNOC Gas reaches 10-year LNG supply deal with India’s GAIL

30 January 2024

United Arab Emirates firm ADNOC Gas has come to a 10-year agreement with India’s GAIL to supply the company with 0.5mn tonnes per year of LNG beginning in 2026, the companies revealed on January 30.

KPC considers project delays to plug deficit

30 January 2024

Kuwait Petroleum Corp. (KPC) is exploring strategic measures to address a significant deficit in its capital spending during the five-year plan concluding in 2027, according to the Arabic daily Alanba.

Iraq reclaims two oil wells in Basra area

30 January 2024

The Iraqi Drilling Company has reclaimed two oil wells in the West Qurna Field, Phase 1, on behalf of the West Qurna Field Operating Authority, the Ministry of Oil announced on January 30.

Iran’s household gas consumption at record high

30 January 2024

Daily gas consumption has risen to record highs in Iran, with households and small businesses and industries draining some 70% of the total output of 855mn cubic metres, said the dispatching director of the National Iranian Gas (NIGC).

Iran to launch eight development plans in joint fields, oil minister says

30 January 2024

Iran is set to sign contracts to implement eight development plans in its shared oil and gas fields, Oil Minister Javad Owji said.

Iran’s nine-month oil exports hit $29.9bn, customs office says

30 January 2024

Iran exported $29.9bn worth of crude oil in the first 10 months of the Persian calendar year starting on March 21, 2023, the head of the Iranian customs office said.

QatarEnergy signs 15-year deal with Excelerate Energy to supply Bangladesh LNG

30 January 2024

QatarEnergy and Excelerate Energy inked a 15-year LNG sale and purchase agreement on January 29 to supply LNG to Bangladesh.

Turkey reports increased oil output from southeast fields

29 January 2024

Turkish Petroleum (TPAO) announced last week that it has recorded an increase in oil production at wells in the south-eastern part of Turkey, in the Gabar mountain region of Sirnak Province.

NIOC plans $70bn spend to achieve 1.5 bcm gas target

29 January 2024

The National Iranian Oil Co. (NIOC) has laid out an extensive investment strategy, exceeding $70bn, to substantially enhance Iran’s gas production capacity, targeting a daily output of 1.5bn cubic metres.

Dana Gas quickly restarts Khor Mor after drone strike

29 January 2024

UAE-based Dana Gas has resumed gas production at the Khor Mor field just one day after a drone attack disrupted operations, according to the Kurdistan Region’s Ministry of Natural Resources (MNR).

As oil output declines, Oman announces condensate record

29 January 2024

Oman reported average oil output of 1.048mn barrels per day for the full year 2023, signalling a decrease from the previous year’s 1.064mn bpd.

Daily gas injection into national trunkline hits 851 mcm, Iran oil minister says

28 January 2024

Iran is injecting an average of 851mn cubic metres per day of gas into its national distribution network, Oil Minister Javad Owji said a day after his deputy announced that the daily gas output has reached the milestone of 1bn cubic metres.

Fresh surge pushes Iran’s gas output above 1mn cubic metres per day

28 January 2024

Iran has added 12mn cubic metres of gas per day to its production capacity as daily output has surpassed the milestone of 1bn cubic metres.

Iran and Turkey sign energy deal, agree to build new gas pipeline

25 January 2024

Iran and Turkey have inked an energy agreement with natural gas taking center stage during a state visit by Iranian President Ebrahim Raisi to the neighbouring nation.