MEOG Top Story archive

19 June 2018, Week 24, Issue 680

Ahead of next week’s OPEC meeting in Vienna, Saudi Arabia has announced an increase in crude oil output of 162,000 bpd. This took the kingdom’s production to 10.030 million bpd in May, the highest...

05 June 2018, Week 22, Issue 678

Israel’s Delek Group has reported revenues of 1.8 billion shekels (US$505.59 million) for the first quarter of 2018, up 300 million shekels (US$84.3 million) year-on-year.

29 May 2018, Week 21, Issue 677

Sharjah-based Dana Gas is on track to raise production by 20% by the end of the year from two giant gas fields in Iraqi Kurdistan, the company revealed in first-quarter results released.

22 May 2018, Week 20, Issue 676

Saudi Aramco offered its favoured quintet of offshore contractors a new and lucrative opportunity in late April in the form of a tender for a major package of work on the multi-billion dollar...

15 May 2018, Week 19, Issue 675

Norway’s DNO confirmed its intent to expand operations in Iraqi Kurdistan in late April by outlining intensified development activity on the core Tawke licence. It also finalised the acquisition...

08 May 2018, Week 18, Issue 674

Baghdad celebrated the belated commissioning in late April of the first of a trio of non-associated gas fields apportioned in a licensing round nearly a decade ago.

01 May 2018, Week 17, Issue 673

Abu Dhabi’s energy-focussed state investment vehicles Abu Dhabi National Energy Co. (TAQA) and Mubadala Investment Co. (MIC) both revealed aspects of evolving financing plans in April.

24 April 2018, Week 16, Issue 672

The four main foreign oil producers in Iraqi Kurdistan reported timely payment for exports in mid-April by the regional government – in each case according to new financial arrangements belatedly...

17 April 2018, Week 15 Issue 671

Iraq sets target of 6.5 million bpd of crude oil production capacity by 2022

10 April 2018, Week 14, Issue 670

Yemen’s Houthi last week launched missile attacks on Saudi Arabian oil targets in response to Riyadh’s continuing air strikes.

03 April 2018, Week 13, Issue 669

Government-led Petroleum Development Oman (PDO) revealed a major gas find in the north of the firm’s sprawling Block 6 concession during a media briefing in late March.

27 March 2018, Week 12, Issue 668

Iraq will launch a new grade of crude oil for export – ‘Basrah Medium’ – in an attempt to stabilise the quality of its existing Basrah Light and Basrah Heavy grades.

20 March 2018, Week 11, Issue 667

Italy’s ENI last week became the first major IOC to acquire a stake in the new offshore concessions being established by state oil giant Abu Dhabi National Oil Co. (ADNOC).

13 March 2018, Week 10, Issue 666

Royal Dutch Shell in early March confirmed that it would withdraw from the Palestinian Territories’ only discovered gas field. The Gaza Marine field was discovered by the former BG Group at the...

06 March 2018, Week 09, Issue 665

Qatar Petroleum (QP) has invited bids for a major offshore pipeline contract – required in order to complete the long-awaited multi-billion dollar Barzan gas project at the supergiant North Field...