Regional News: Middle East
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AMEC Bags $124M Deal for PMC Services for the Umm Lulu Project
Friday, December 06, 2013 AMEC bags a $124 million contract from Abu Dhabi Marine Operating Company to provide project management consultancy services for the Umm Lulu Phase 2 full field development projects offshore United Arab Emirates.
Eni's CEO First To Meet With Iran Oil Minister
Thursday, December 05, 2013 Paolo Scaroni of Italy's Eni met with Iranian Oil Minister Bijan Zanganeh, the first Western oil CEO to do so publicly with the minister since last month's interim nuclear deal.
Turkey: Kurds, Baghdad Could Agree This Month on Energy Deals
Tuesday, December 03, 2013 The Kurdistan region of Iraq and the country's central government could reach a deal on oil exports and revenue sharing this month, according to Turkey's energy minister.
Iran, Iraq Put OPEC On Notice Of Big Oil Increases
Tuesday, December 03, 2013 Iran and Iraq put OPEC on notice of substantial oil output increases to come, saying others in the producer cartel will need to give way to make room for them.
Turkey to Seek Baghdad's Consent for Iraqi Kurdish Oil
Monday, December 02, 2013 Oil exports from anywhere in Iraq to Turkey need the central government's approval, Baghdad and Ankara say after a bilateral meeting aimed at diffusing a row over energy exports from Iraq's autonomous Kurdish region.
Exxon to Sign Over Part of Iraq Oilfield Stake to Petrochina
Thursday, November 28, 2013 ExxonMobil will hand over a 25 percent stake in Iraq's West Qurna-1 oilfield project to PetroChina, Iraq's deputy prime minister for energy says.
Sources: Gulf Consortium in Talks to Buy Dubai Oil Services Firm
Wednesday, November 27, 2013 A group of Gulf investors led by Fajr Capital are in talks to buy Dubai-based oil services firm NPS Energy for up to $700 million, three sources aware of the matter say.
Drilling Commences at Masirah North North #1 Well in Oman Block 50
Tuesday, November 26, 2013 Masirah Oil, a unit of Rex International Holding's jointly owned entity Lime Petroleum, commences drilling at the Masirah North North #1 exploration well in Block 50 off Oman.
Russia's Lukoil Says Will Start West Qurna-2 By End Of 1Q
Tuesday, November 26, 2013 Lukoil has had minor disruptions to its operations in Iraq and plans to launch West Qurna-2 oilfield by the end of first quarter 2014, its Vice-President Andrey Gaidamaka says.
Iraq Signs $690M Barrier Contract With S.Korea's Daewoo
Tuesday, November 26, 2013 Iraq signs a contract with South Korea's Daewoo to build a sea barrier at its planned Grand Faw port in the south of the country.
Baker Hughes Begins To Resume Iraq Oilfield Operations
Monday, November 25, 2013 Baker Hughes Inc is preparing to resume operations in Iraq after protests prompted it to stop work at the Rumaila field.
Developing Middle East Upstream Talent: BP's Story
Monday, November 25, 2013 Rigzone catches up with Anand RV, VP for Human Resources for BP Middle East Exploration, to discuss the company's recruitment strategy in the region.
McDermott's Unit Bags $200M EPCI Deal for Work in the Arabian Gulf
Thursday, November 21, 2013 McDermott International discloses that one of its subsidiaries bagged a $200 million engineering, procurement, construction and installation contract for work in the Arabian Gulf.
Unique Supplies Offshore Monitoring System to ADOC
Thursday, November 21, 2013 Unique Systems engineers and supplies a meteorological and oceanographic monitoring system to Abu Dhabi Oil Company.
Saudi Arabia Welcomes US Shale, Sees No Need To Cut Output
Wednesday, November 20, 2013 Top oil exporter Saudi Arabia remains unconcerned by a rising tide of US shale output which threatens to eat into OPEC's market share, its deputy oil minister says.
Kentz Wins Qatari Wellhead Control Systems Contract
Wednesday, November 20, 2013 Kentz wins $190-million wellhead control systems contract from Qatar Petroleum.
Adyard Abu Dhabi Wins $17M Deal to Build Offshore Platform for Zora Project
Monday, November 18, 2013 Dana Gas awards a $17 million contract to Interserve's subsidiary Adyard Abu Dhabi to fabricate an offshore platform for the Zore field development off Sharjah, United Arab Emirates.
Lamprell Makes Steady Progress during 2H 2013
Thursday, November 14, 2013 Lamprell continues to make good progress, seeing high demand with 'a strong pipeline of opportunities'.
Schlumberger to Restart Iraq Rumaila Oil Operations, Official Says
Thursday, November 14, 2013 Iraq has moved swiftly to restore calm at its giant southern oilfields following violent protests and Schlumberger is expected to return to work next week, a senior Iraqi official says.
Oman Oil Executive Goes on Trial on Bribery Charges
Thursday, November 14, 2013 A senior official at a state-run Omani oil company went on trial on charges of taking a bribe, in a case closely watched in the Gulf Sultanate, which has pledged to root out corruption.
ADIPEC CEOs Session: Global CEOs Share Perspectives
Wednesday, November 13, 2013 The gas market is witnessing a real revolution and will play an increasingly important role in the rapidly changing energy landscape, according to CEOs speaking at ADIPEC.
OPEC Oil Output Remains Higher than 2014 Demand
Tuesday, November 12, 2013 OPEC's production remains higher than 2014's demand even after Saudi Arabia cut production from a record high level.
ADIPEC: ADNOC Launches New Crude Oil Blend
Tuesday, November 12, 2013 ADNOC selects Das Crude as the name for its new oil blend coming from Umm Shaif and Lower Zakum oilfields.
Angry Shi'ites Storm Schlumberger Camp at Iraq's Rumaila Oilfield
Tuesday, November 12, 2013 Dozens of angry Shi'ite Muslim workers and tribesmen stormed a Schlumberger Ltd camp at one of Iraq's main oilfields and wrecked offices after accusing a foreign security adviser of insulting their religion, police and employees at the field say.
ADIPEC: UAE to Spend $70 Billion to Boost Capacity
Monday, November 11, 2013 Minister of Energy Suhail Mohammed Al Mazroui says UAE's ongoing projects will boost output capacity to reach 3.5 million bopd by 2018.
Baker Hughes Issues Force Majeure in Iraq
Monday, November 11, 2013 Due to a significant disruption of business, Baker Hughes has suspended operations in Iraq, and has issued force majeure notices to its customers.
Saudi Arabia Throttles Back from Record High Oil Output
Friday, November 08, 2013 Saudi Arabia cuts back oil output from record rates of around 10 million barrels per day for three months.