MEOG - Middle East Oil & Gas

Iraq's Oil Ministry announces strategic gas investment project in southern region

Iraq plans to boost LPG production to 8,000 tonnes daily at Basra facility

OQGN awards pipeline EPC deal to Petrojet

OQ Gas Networks (OQGN) has awarded a contract to Egyptian contractor Petrojet

Aramco kicks off tendering for Safaniya facilities

Aramco is kicking off tendering among its pool of contractors for the offshore Safaniya field

1,000 ships’ GPS jammed in Straits of Hormuz, sending up costs and disrupting deliveries

Over 1,000 ships reported their GPS satellite navigation systems were jammed in the Strait of Hormuz in the last few days, as the Iranian parliament decided to close the passage in retaliation to the US bombing of three nuclear sites at the weekend.

Iranian parliament decides to ‘close’ Strait of Hormuz following US strike

Tehran appears set to take steps to close the vital shipping lane, but it remains to be seen whether it can do it, and what impact this will have.

Group renews calls for Jordan to cancel Israeli gas deal

Calls are mounting in Amman for the cancellation of Jordan’s gas agreement with Israel, following a suspension of supplies from the offshore Leviathan field

Jazz signs agreement to establish manufacturing company in Saudi Arabia

Iran denies reports of strikes on Ahvaz oil facilities

Iran warns of irreparable consequences after US nuclear site strikes

A senior advisor to Iran's Supreme Leader condemned the US attacks on Iranian nuclear sites declaring that the United States has struck "the heart of the Islamic world” and must await "irreparable consequences."

ISRAEL-IRAN WAR: Israel strikes Iranian nuclear facility and military bases in Ahvaz and Mahshahr

Israeli forces struck multiple Iranian targets on June 21, including military infrastructure in the southwestern cities of Ahvaz and Mahshahr.

Turkmenistan’s gas export expansion deals with China, Iraq and Turkey could all be in trouble

Chinese President Xi Jinping only made vague comments for media consumption about China boosting natural gas cooperation with Turkmenistan when he met the Central Asian country’s President Serdar Berdimuhamedov this week.

Foreign experts withdraw from oil firms in Iraq amid regional tensions

Oil tanker charter rates double as Straits of Hormuz comes under threat

Charter prices for large oil tankers transiting the Strait of Hormuz have more than doubled since Israel launched an attack on Iran last week, as shipowners grow increasingly reluctant to send vessels through the critical shipping route.

Gas flowing from Iran to Turkey without interruption, says minister

Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.

Iraqi Drilling Company progresses with 15-well North Rumaila project

The Iraqi Drilling Company has advanced its 15-well drilling programme in the North Rumaila field, working alongside Halliburton and Basra Energy Company Limited under a coordinated development scheme.

LNG market tightens following Israeli gas field closures

Israeli gas now accounts for up to 20% of Egyptian gas consumption, playing a central role in powering homes and energy-intensive industries.