MEOG - Middle East Oil & Gas

1 August 2024

Iran’s gas exports to Turkey down by 50% in spring, Turkish energy data shows

31 July 2024

Turkish official figures indicate a sharp decline in the Iranian gas flow to the country amid warnings of a worsening gas deficit and an electricity shortage crisis in the Islamic Republic.

UAE fuel prices rise for August

31 July 2024

The following prices are as listed. Diesel: AED 2.95 ($0.80) per litre, Super 98 petrol: AED 3.05 ($0.83) per litre, Special 95 petrol: AED 2.93 ($0.80) per litre, E-Plus 91 petrol: AED 2.86 ($0.78) per litre.

AI supports production expansion for ADNOC at SARB

31 July 2024

Abu Dhabi National Oil Co. and its partners have deployed artificial intelligence at the offshore Satah Al Razboot oilfield, achieving a 25% uptick in output.

Iran earns $15.7bn from oil sales in four months, customs office says

30 July 2024

Iran’s crude oil exports brought in $15.7bn in the first four months of the Persian calendar year (March 20-July 21), said the head of the Islamic Republic of Iran Customs Administration (IRICA).

Russia’s Gazprom offers to make Iran a global gas hub

30 July 2024

The recently signed gas supply deal between Russia and Iran could shake up the international gas market in a big way if the Kremlin gets its way.

Sanctioned Iranian crude finds new markets in Dalian, China

30 July 2024

Imports of crude oil from Iran have been steadily arriving at the port and refining city of Dalian, in northeast China, since late last year. This is according to multiple tanker tracking firms and insider trading sources.

Helmerich & Payne to acquire KCA Deutag

30 July 2024

Helmerich & Payne (H&P) is to acquire UK-based KCA Deutag International for $1.97bn in cash

Iran's IRGC seizes oil tanker carrying 700,000 litres of smuggled oil in Persian Gulf

29 July 2024

Iran's Islamic Revolution Guards Corps announced on July 29 the seizure of an oil tanker carrying more than 700,000 litres of smuggled oil in the northern waters of the Persian Gulf near the Arash (Al-Dorra) oil field.

Aramco signs preliminary deal for Jafurah plants

29 July 2024

Aramco has signed a deal for the development of gas compression plants at Jafurah

Oman announces plans for new LNG train

29 July 2024

Oman’s Minister of Energy and Minerals announced this week that the country will add a fourth train at its key LNG export facility at Qalhat Industrial Complex south of Muscat.