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Regional News: Middle East

 
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ShaMaran Updates on Operations at Atrush Development in Kurdistan
Tuesday, July 22, 2014 ShaMaran Petroleum updates on operations at the Atrush development in the Kurdistan Region of Iraq.

Syria Says Crisis Has Cost Its Oil Sector $23.5B
Tuesday, July 22, 2014 Syria's oil sector has lost around $23.5 billion due to damage to facilities and pipelines, looting and production delays since the start of the country's crisis in 2011 and output has fallen sharply.

Asian, Western Firms Bid for UAE Oilfields
Monday, July 21, 2014 Asian and western oil firms bid for the opportunity to take part in operating the United Arab Emirates' biggest oilfields after a deal with oil majors fell through earlier this year.

Shell Pulls Out Of Qatar's Block-D License After Dry Well
Friday, July 18, 2014 Shell says that its QSD-1 natural gas well in Qatar has not found commercial volumes.

Unique Maritime Secures Strategic Equity Investment from Blue Water Energy
Thursday, July 17, 2014 Unique Maritime Group secures strategic equity investment from Blue Water Energy in the United Arab Emirates-based company.

  



Monitor: Ninety Killed By Islamist Attack On Syrian Gas Field
Thursday, July 17, 2014 Militant group Islamic State seizes a Syrian gas field and kills at least 90 people in one of the bloodiest clashes between the al Qaeda offshoot and President Bashar al-Assad's forces.

Iraqi Official: Iraqi Kurdistan Starts Oil Pumping from Kirkuk
Thursday, July 17, 2014 Iraq's Kurdish region begins to pump oil from Kirkuk field previously controlled by Iraq's central government, according to a senior Iraqi official.

L&T Hydrocarbon Bags $846M EPC Contract from Kuwait Oil Company
Tuesday, July 15, 2014 L&T Hydrocarbon bags a $846 million engineering, procurement and construction contract from Kuwait Oil Company.

Israel's Leviathan Gas Reserves Estimate Raised by 16%
Sunday, July 13, 2014 Estimates of the size of the gas reserves in Israel's Leviathan field are increased by 16 percent.

UAE's Dana Gas Says Wins Right to Some Payments from Iraqi Kurdistan
Sunday, July 13, 2014 An arbitration tribunal awards Dana Gas the right to receive some outstanding payments from the Kurdish government.

Kurds Seize Iraq Oilfields, Ministers Pull Out Of Government
Friday, July 11, 2014 Kurdish forces seize two oilfields in northern Iraq and take over operations from a state-run oil company.

HHI Receives $1.94B LOA from ADMA-OPCO for the Nasr Development
Friday, July 11, 2014 Hyundai Heavy Industries receives a $1.94 billion letter of award from Abu Dhabi Marine Operating Company to build fixed platforms and lay subsea cables for the Nasr development offshore United Arab Emirates.

Oil Search Observes Hydrocarbon Shows at Taza 2 Well in Kurdistan
Friday, July 11, 2014 Oil Search observes hydrocarbon shows at the Taza 2 well in Kurdistan, Iraq.

Britain's Petrofac Gets $700M Contract in Kuwait
Thursday, July 10, 2014 UK oilfield services firm Petrofac secures a $700-million contract with Kuwait Oil Co.

Drydocks World Completes Major Refurbishment of NDC's Jackup Al Ghallan
Wednesday, July 09, 2014 Drydocks World completes major refurbishment of National Drilling Company's jackup Al Ghallan.

Libya's El Sharara Oilfield Restart Another Breakthrough For Tripoli
Tuesday, July 08, 2014 Libya's oil sector takes another big step back to normality with the restart of an oilfield that could double its current meager crude output, a week after blockades ended at major ports.

Penspen Bags PMC Contract from ADMA-OPCO for USCC Project in UAE
Tuesday, July 08, 2014 Penspen bags a project management consultancy services contract from Abu Dhabi Marine Operation Company for the Umm Shaif Super Complex Project in the United Arab Emirates.

Total CEO: Too Early to Call Kurdistan an Oil El Dorado
Tuesday, July 08, 2014 Total, which rattled Baghdad two years ago by signing a deal with Kurdistan, says it is too early to predict whether the semi-autonomous Iraqi region may turn into an important oil player.

Saudi Gas Development Plans Hit Hurdle as Shell Shelves Project
Monday, July 07, 2014 Shell will end its investment in a Saudi Arabia gas development project, complicating the top oil exporter's efforts to exploit its huge gas reserves.

From New York Heroin Dealer to Afghanistan's Biggest Oil Man
Monday, July 07, 2014 One-eyed Rateb Popal's debut as an Afghan businessman was not promising: he was caught smuggling heroin and locked up in a New York federal prison for almost a decade.

Bloomberg: Occidental Middle East Stake Sale Hits Dead End
Thursday, July 03, 2014 Occidental fails to sell a stake in its Middle East business and now plans to sell some assets piece by piece, Bloomberg reported, citing people with knowledge of the matter.

Iraqi Kurds Say Will Sue Baghdad If It Blocks Oil Sales
Thursday, July 03, 2014 Iraq's autonomous Kurdish region has hit back at Baghdad over independent oil exports, a letter from the Kurdistan Regional Government (KRG) shows.

Spokesman: Libyan Rebels To Reopen Two Remaining Oil Terminals
Tuesday, July 01, 2014 Libyan rebels blockading key eastern oil ports have agreed to reopen the remaining two terminals at Es Sider and Ras Lanuf, a rebel spokesman says.

Russia Asks UN To Stop Syrian Terrorist Oil Sales
Tuesday, July 01, 2014 Russia is asking the UN Security Council to condemn the illegal sale of Syrian oil by terrorist groups and encourage all countries to take "necessary measures" to prevent it.

Lamprell Reports Strong Performance for 1H 2014
Monday, June 30, 2014 Rig builder Lamprell sees strong operational performance during the first half of 2014 thanks to the delivery of four major projects.

Petronash Scores New Saudi Aramco Gig
Monday, June 30, 2014 Petronash announces that Petronash FZE in Jebel Ali, Dubai has been awarded a contract for $40 million by Saudi Aramco.

Stranded Chinese Workers in Iraq Being Evacuated
Friday, June 27, 2014 Chinese workers are being evacuated from fighting in Iraq, with PetroChina pulling out some of its staff from the country.

NOC: Libyan Oil Output At 300,000 Bpd After El Feel Ups Production
Thursday, June 26, 2014 Libya's oil output has risen to 300,000 bpd after the El Feel field in the southwest increased production to 105,000 bpd, a spokesman for NOC says.

Israel Tells US Kurdish Independence Is 'Foregone Conclusion'
Thursday, June 26, 2014 Israel tells the US that Kurdish independence in northern Iraq is a "foregone conclusion" and Israeli experts predict the Jewish state would be quick to recognize a Kurdish state, should it emerge.

Egypt's Oil Minister Says $10B Gas Project With BP Restarted
Thursday, June 26, 2014 BP's natural gas project in Egypt's North Alexandria concession has restarted, with production expected to begin in 2017.

Source: Gazprom in Talks to Buy Abu Dhabi's OMV stake
Thursday, June 26, 2014 Gazprom is in talks to buy's Abu Dhabi's 24.9% stake in Austrian oil and gas firm OMV, according to a source.

Zubara Makes Preparation to Drill Exploration Well in Sharjah Block Off UAE
Thursday, June 26, 2014 Zubara Petroleum makes preparations to drill an exploration well in the Sharjah Offshore block in the United Arab Emirates by the third quarter of 2015.

DNO Stops Yemen Production amid Strikes
Tuesday, June 24, 2014 Norway's DNO declares force majeure and stops production on Yemeni fields amid blockades and strikes by local groups.

ExxonMobil In Talks With Turkey Over Shale Gas Exploration
Monday, June 23, 2014 ExxonMobil is in talks to explore for shale gas in Turkey's southeast and northwest regions.