MEOG Top Story archive

11 December, Week 49, Issue 704

Saudi Arabia and Russia surprised global markets and defied US pressure in early December by leading their respective producer groupings in an agreement to enact a larger-than-anticipated cut in...

14 November 2018, Week 45, Issue 700

The Kurdistan Regional Government (KRG) in early November announced completion of the capacity expansion of Iraq’s main crude export pipeline, running from Kirkuk to Ceyhan on the Turkish border...

09 october 2018, Week 40, Issue 695

Light grades have shifted from discount to premium over the last few weeks, while prices have risen steadily. Simon Watkins reports

09 October 2018, Week 40, Issue 376

The accelerated development of Abu Dhabi’s offshore Belbazem field by the local/Chinese Al-Yasat Petroleum Operations joint venture (JV) made further progress towards the end of the third quarter...

25 September 2018, Week 38, Issue 694

Abu Dhabi government-owned Mubadala Investment Co. (MIC) in mid-September confirmed plans to float wholly owned Spain-based oil and gas subsidiary CEPSA on the Spanish stock exchanges by the end...

18 September 2018, Week 37, Issue 693

Saudi Aramco last week signed an MoU with Schneider Electric to work together on various advanced digital technologies, including virtual reality.

11 September 2018, Week 36, Issue 692

UK-based consultancy Oil Plus has secured engineering work on behalf of Al Khafji Joint Operations (KJO), pointing to a re-start of shared fields in the Partitioned Neutral Zone (PNZ) between...

04 August 2018, Week 35, Issue 691

Both members of the now two-strong consortium holding the licence for the Atrush oilfield in the north-west of Iraqi Kurdistan reported dramatic improvements in financial performance, in interim...

28 August 2018, Week 34, Issue 690

Fresh reports emerged in the Kuwaiti press in late August about the potential restart of production at the oilfields in the Partitioned Neutral Zone (PNZ) shared with Saudi Arabia. 

21 August 2018, Week 33, Issue 689

Profits at Sharjah-based Dana Gas edged up only marginally during the first half despite rising oil prices, and dipped in the second quarter, on the back of a high-profile bond restructuring and a...

14 August 2018, Week 32, Issue 688

Two seminal developments from last year in Qatar’s upstream sector are beginning to generate work for offshore contractors.

07 August 2018, Week 31, Issue 687

Saudi Aramco appears ready to increase the pace of its offshore drilling activities after securing more rigs for work commencing later this year.

31 July 2018, Week 30, Issue 686

Norway’s DNO, Iraqi Kurdistan’s largest oil producer, has raised output from the second field to be developed at the core Tawke licence area, in the north-west of the territory – fulfilling...

24 July 2018, Week 29, Issue 685

Russia’s Lukoil continued tendering activity in July in preparation for a fresh phase of development at the giant West Qurna 2 oilfield in Basra.

17 July 2018, Week 28, Issue 684

Crude exports from federal Iraq remained flat in June, according to government data released at the start of the month.