Looking for more MEOG articles? Or would you like to find out more about the publication? Keep reading.
Overview
With around 40% of the world’s oil supply coming from the Persian Gulf, in addition to exploration and production (E&P), MEOG’s coverage includes policy and transport issues which can cause price spikes in the global hydrocarbon markets.
MEOG offers insight into the latest developments in the oil and gas sectors of Bahrain, Iraq, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, the UAE and Yemen. While much of the region has been extensively explored, there remain ‘frontier’ areas of E&P. Oil shale efforts in Jordan could provide vast resources through the greater cost effectiveness of new technologies. To the north-west, Beirut has grown increasingly impatient to follow the major gas discovery trend in the Eastern Med. and Lebanon’s first offshore bid round is likely to kick off drilling campaigns in the medium term.
MEOG is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.
Try it out
The majority of our premium content is ONLY available to our subscribers.
If you would like to try MEOG we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required.
Simply fill in the form at the bottom of this page and we will send you your first copy of MEOG
Need more convincing?
- Check out our client testimonial
- Read a recent issue
- Find out more about a MEOG subscription
Domestic firms supply 85% of Iran’s petroleum equipment needs
Iranian manufacturers now supply about 85% of the equipment needed for the country’s oil, gas, and petrochemical industries, up from around 40% in the early 2010s, a union leader said.
Iraq’s Basra crude gains with uptrend in global oil prices
Prices of Basra crude, both heavy and medium grades, rose on October 7 in line with gains across global oil markets
Iran discovers new major oil and gas field, minister says
Iran has discovered vast oil and gas reserves in an undeveloped field on the border of Fars and Bushehr provinces, Oil Minister Mohsen Paknejad said on Monday, describing the find as a “considerable” boost to the country’s hydrocarbon wealth.
Algeria plans to invest $60bn in energy projects until 2029
The Algerian government announced plans to invest $60bn in energy projects between 2025 and 2029 as part of a wide-ranging strategy to strengthen the country’s oil, gas, and hydrogen industries.
Oil tanker known to deliver crude to Israel reportedly set to depart Turkish port
An oil tanker known to often deliver crude oil to Israel is poised to depart the Turkish Mediterranean port of Ceyhan for an "unknown destination", Middle East Eye reported on October 6.
Iran opens new oil terminal in Persian Gulf
Iran has launched a new oil terminal on its southern coast, bringing the total number of such facilities nationwide to six, as the country seeks to enhance its bunkering and storage capacity in the Persian Gulf and the Sea of Oman.
Turkey’s energy minister says purchasing Russian oil a commercial decision for private company refineries
Turkey’s energy minister Alparslan Bayraktar on October 2 said that purchasing Russian oil is a commercial decision made by private company refiners.
Iran begins North Pars development with platform jacket award
Iran has begun developing its long-delayed North Pars gas field by signing a contract for the construction and installation of a platform jacket, an official at state-run Pars Oil and Gas Co. (POGC) said.
UK court upholds confiscation of Iranian oil company's London property
UK Court of Appeal rejects NIOC appeal and upholds confiscation of London property worth £80mn-£104mn to enforce $2.4bn arbitration award owed to Crescent Gas Company since 2014.
Italian energy major Eni resumes offshore drilling in Libya after five-year hiatus
Italian energy major Eni has resumed offshore drilling operations in Libya’s northwest region, marking the company's return after a five-year pause.
QatarEnergy acquires 27% stake in Egypt’s North Cleopatra offshore area
QatarEnergy has signed an agreement with international oil supermajor Shell to acquire a 27% participating interest in the North Cleopatra offshore area, located in Egypt’s territorial waters of the Mediterranean Sea.
Iran boosts gas injection into storage to brace for winter demand
Iran has increased gas injection into its two natural underground gas storage (UGS) facilities by 13% compared with last year, aiming to shore up supplies for peak winter demand, the Oil Ministry said.
Northern Iraqi crude returns as Ceyhan sees first federal shipment
The first loading of Kurdish crude has taken place at Ceyhan following last week’s resumption of flows from northern Iraq
Pakistan pivots away from LNG
Rising LNG prices have led Pakistan to shift away from LNG.
Iraq orders LNG terminal from US company as it seeks to cut reliance on Iranian gas imports
US company Excelerate Energy has received a letter of intent from Iraq's government on developing an integrated floating terminal for liquefied natural gas (LNG) imports, the company announced on October 2, Interfax reported.
Azerbaijan advances solar projects with Garadagh output milestone and Bilasuvar launch
Azerbaijan advances solar projects with Garadagh output milestone and Bilasuvar launch
Iran reiterates snapback of UN sanctions change nothing
Iranian oil minister dismissed the impact of the return of United Nations sanctions, saying the so-called snapback mechanism did not add to what he called the “strongest and most annoying set of sanctions” already imposed on crude exports.
Iran’s NIOC to bankroll innovative energy projects with universities
The National Iranian Oil Co. (NIOC) said it was ready to shoulder the costs and risks of innovative projects in the oil and gas sector, with universities providing ideas and industry footing the bill.
British BP describes Iraq’s Kirkuk oilfields as its ‘fields of dreams’
British BP has described Iraq’s Kirkuk oilfield as one of its global “fields of dreams”, highlighting the site’s vast reserves and long-term strategic importance alongside three other major oil and gas developments worldwide
Iraq resumes Kurdish crude exports with first loading at Ceyhan port
Oil exports from Iraq’s semi-autonomous Kurdistan region have restarted after more than two years of suspension, following a breakthrough deal between Baghdad, the Kurdish regional government and international producers
Iraq’s Diwaniya refinery plans to raise capacity above 90,000 bpd
Iraq’s Diwaniya refinery is pressing ahead with an expansion plan that will see its processing capacity rise to more than 90,000 barrels per day (bpd) within the next five years
Iran’s IOOC signs deals for offshore drilling rigs
The state-owned Iranian Offshore Oil Co. (IOOC) has signed two deals to secure advanced offshore drilling rigs for deployment in the Persian Gulf as part of efforts to develop its oil and gas fields, the firm’s chief executive said.
Fitch downgrades SOCAR-owned Turkish petrochemical producer Petkim to 'CCC' on “very weak” profitability
Fitch Ratings late on September 29 downgraded Turkish petrochemical producer Petkim Petrokimya Holdings’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC' from 'CCC+', citing continuing weakness in the European chemical market.
Iran’s NIOC unveils new investment model for oil, gas projects
Iran’s state oil company has drawn up a new framework with the National Development Fund (NDF) to channel “diverse forms” of investment into oil and gas projects, to add 250,000 barrels per day (bpd) of production, its chief said.
OPEC+ set to approve output hike
OPEC+ is set to raise oil output in November and aims to reclaim its global market share, according to Bloomberg.
Follow us online