MEOG - Middle East Oil & Gas

ADNOC Gas acquires majority stake in Ruwais LNG plant from ADNOC

ADNOC Gas has agreed to purchase a 60% stake in the United Arab Emirates’ Ruwais LNG plant from its parent company ADNOC.

Iranian oil field aims to produce 2.2mn cubic metres of gas via anti-flaring

A local Iranian company plans to collect all associated petroleum gas (APG) at the Rag Sefid oil field in the southwest to churn out over 2.2mn cubic metres (mcm) of gas per day

Abdülhamid Han drillship spuds Amasra-4 well in Sakarya gas field

Turkish Energy and Natural Resources Minister Alparslan Bayraktar announced over the weekend that the drillship had started drilling the Amasra-4 well in the producing gas field.

QatarEnergy moves to expand fleet, exploration and services

QatarEnergy has received four new LNG vessels as part of a massive fleet expansion programme. In the upstream, the company has acquired a stake in acreage offshore Egypt.

Baghdad approves budget amendment to compensate KRG

Iraq has approved a proposal at covering KRG oil production and transportation expenses from sovereign expenditures

New well boost gas output at Phase 11 of Iran’s South Pars

A new well has come on stream at Phase 11 of Iran’s gargantuan South Pars (SP) gas field, giving production at the section a 20% boost, said the chief executive of the firm in charge of the phase’s development.

Kuwaiti firms working to achieve national targets

Kuwait's KOC is intensifying efforts to raise oil production capacity by 2025

Dana Gas commits to Khor Mor expansion despite contract termination

Dana Gas has reaffirmed its commitment to resuming its natural gas expansion project in Iraqi Kurdistan

MEOG: Aramco profits drop but dividend kept

AI takes centre stage at ADIPEC

The conference, where almost 200,000 participants gathered, featured a series of sessions dedicated to the technology, as well as a special AI zone, where various AI-related energy solutions and initiatives were presented.

Revenue at Turkey’s largest refiner Tupras cut by third in 3Q24

Turkey plans regional gas hub, Istanbul index in 2025

Turkey’s Energy and Mineral Resources Minister Alparslan Bayraktar told Turkish media last week that a natural gas trading hub could begin operating in Istanbul in 2025.

Turkmenistan unwilling to sign new gas supply deal over payments, Iranian president says

Iranian President Masoud Pezeshkian said on November 4 that Turkmenistan was dragging its feet on signing a new gas swap deal with the Islamic Republic, citing the Iranian government's poor track record on settling its bills on time.

Iran approves plan to boost oil output by 250,000 barrels

Iran’s economic taskforce approved an “action plan” to ramp up crude oil production by 250,000 barrels per day.

Iran oil prices to China at five-year high

The prices of Iran’s crude oil exported to China have hit a record high in recent years, trading sources said.

Iran announces plans to raise oil, gas and condensate output

Iran is planning to raise oil output by 250,000 bpd, along with increases in gas and condensate

Enersol to acquire controlling stake in DWS

ADNOC's Enersol JV plans to acquire a majority stake in Deep Well Services #bnm #uae #adnoc #enersol #alphadhabi #drilling

Energy industry must drive sustainable socio-economic growth: ADIPEC

The global energy industry must drive the next phase of sustainable socio-economic growth, UAE Industry Minister and CEO of the country’s national oil company ADNOC, Sultan Ahmed Al Jaber, said at the ADIPEC conference in Abu Dhabi on November 4.