MEOG - Middle East Oil & Gas

Category
Oil & Gas

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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.

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Need more convincing?

The world's biggest oil producers

7 December 2022

The United States is by far the world’s biggest producer of oil, having produced around 16.6mn barrels of oil on average per day in 2021, Statista reports.

Turkmenistan: A shining city in a book of records

7 December 2022

Russia is proposing a major reconfiguration of the Central Asian gas market. Eurasianet’s weekly Turkmenistan briefing.

Oil tanker jam forms off Turkey as Russian oil price cap disrupts markets

6 December 2022

An oil tanker traffic jam has formed off the Turkish coast after the EU’s introduction of a price cap on global Russian crude supplies, the Financial Times reported on December 5. Turkish authorities are demanding new proof of full insurance cover.

Dubai-based ENOC denies reports of talks with Ghana on accepting gold in payment for fuel

1 December 2022

Emirates National Oil Co. (ENOC) has denied reports that it is in talks with Ghana on supplying refined fuels to the West African state in exchange for payment in gold.

New route to Europe for Israeli natural gas

28 November 2022

While the short-term path to European gas markets continues to run through Egypt, NewMed appears to be leaning towards a plan for the installation of an FLNG unit at the Leviathan field.

PIF hires banks for ADES IPO

22 November 2022

Edited by

Frazer Simm

Editor

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