Regional News: Middle East

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Petsec Energy Opens Dubai Office to Support MENA Operations
Wednesday, July 29, 2015 Petsec Energy opens office in Dubai, United Arab Emirates to support its operations in the Middle East and North Africa.

Seabed Solutions Bags $125M Deal from ADNOC for Ghasha-Butini Field Survey
Tuesday, July 28, 2015 Seabed Geosolutions bags $125 million contract with Abu Dhabi National Oil Company for survey over the Ghasha-Butini field off the United Arab Emirates.

Saudi Arabia's Sabic Considering Shale Gas Investments in US
Monday, July 27, 2015 Saudi Basic Industries Corp. plans to expand investment in US shale gas projects through joint ventures, according to acting CEO Yousef al Benyan.

Iranian Deal Could Push US Oil Exports
Friday, July 24, 2015 Deloitte experts contemplate potential implications of lifting Iranian oil sanctions.

POGC Commences Pipelay for Phases 20, 21 of the South Pars Gas Project
Thursday, July 23, 2015 Iran's Pars Oil and Gas Company commences pipelay work for Phases 20 and 21 of the South Pars gas project, located on the Iranian border with Qatar in the Persian Gulf.


Oil Ministry: Eni Discovers Up To 15B Cubic Meters Of Gas In Egypt
Monday, July 20, 2015 Eni discovers gas reserves of up to 15 billion cubic meters in Egypt's Nile Delta region, the Egyptian oil ministry reports.

Israel's Delek Confident of Quick Sale of Tanin, Karish Gas Fields
Thursday, July 16, 2015 The owners of the Karish and Tanin natural gas fields offshore Israel say they are confident of meeting a disposal timeframe proposed by the country's government.

STATS Group Secures $10 Million Pipeline Repair Contract in Middle East
Thursday, July 16, 2015 Pipeline engineer STATS Group secures a $10 million ten year emergency pipeline repair contract with a major LNG operator in the Middle East.

Scaroni: Oil 'El Dorado' Iran Can Double Output by 2020
Thursday, July 16, 2015 International oil companies will rush back to Iran after the removal of sanctions, helping the OPEC member double production by the end of the decade, according to former Eni CEO Paolo Scaroni.

Shana: Iran to Return to Oil Market with Maximum Capacity
Tuesday, July 14, 2015 Iran will return to the global oil market with maximum capacity once sanctions against the country are lifted following the country's nuclear deal with world powers, according to its oil ministry.

GlassPoint to Build Solar EOR Facility to Boost Oil Output at Oman Field
Tuesday, July 14, 2015 GlassPoint will construct the world's largest solar EOR facility in terms of output to boost oil production at Oman's Amal oilfield.

Genel Appoints New CEO, On Track to Deliver 90-100,000 BPD
Monday, July 13, 2015 Genel Energy appoints Murat Ozgul as its new CEO as it says it is on track to produce an average of between 90,000 and 100,000 barrels of oil per day in 2015.

Dragon Oil Increases Production Growth Expectations
Friday, July 10, 2015 Dragon Oil increases its production growth expectations for the year, from 10 to 15%.

Petrofac Bags $780M EPC Contract from Kuwait Oil Company
Friday, July 10, 2015 Petrofac bags a $780 million engineering, procurement and construction contract from Kuwait Oil Company for a manifold group trunkline system in the north of Kuwait.

Iran, Powers Give Themselves Until Monday For Nuclear Deal
Friday, July 10, 2015 Iran and major powers give themselves until Monday to reach a nuclear agreement, their third extension in two weeks, as Tehran accuses the West of throwing up new stumbling blocks to a deal.

Gulf Keystone Expects Shaikan Production to Hit 36-40K Bopd Until Year End
Thursday, July 09, 2015 Gulf Keystone expects production at the Shaikan field, in the Kurdistan region of Iraq, to remain between 36,000 and 40,000 barrels of oil per day until the year end.

EMAS AMC-LTHE JV Signs 6 Year Deal with Saudi Aramco for Offshore Work
Wednesday, July 08, 2015 The EMAS AMC-Larsen & Toubro Hydrocarbon Engineering joint venture signs a six year long term agreement with Saudi Aramco for offshore projects in Saudi Arabia.

Drydocks Completes the World's Largest Turret for Shell's Prelude FLNG
Tuesday, July 07, 2015 Drydocks World completes the world's largest turret system for Shell's Prelude floating liquefied natural gas facility.

Gulf Marine Services Expands Fleet
Thursday, July 02, 2015 Although offshore support solutions for the oil, gas and renewable energy industries might be seen as a very niche business, one company in the UAE has made this space all its own.

Iran Faces Slow Road Back to Oil Market Even With Nuclear Deal
Wednesday, July 01, 2015 As Iran nears a deal to ease oil sanctions after almost two years of talks, selling more crude remains a long way off.