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Regional News: Middle East

 
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Gulf's Topaz Energy Gets $75M Investment from Standard Chartered PE
Wednesday, August 20, 2014 Oman's Renaissance Services says its unit Topaz Energy and Marine had secured a $75 million investment from Standard Chartered Private Equity.

Hamas Says Fired Rockets At Offshore Israeli Gas Well
Wednesday, August 20, 2014 Hamas says it has fired two rockets at an Israeli gas installation about 19 miles off the coast of Gaza.

Capacity Set to Double on Iraqi Kurdistan's Oil Pipeline
Tuesday, August 19, 2014 Kurdistan's independent oil pipeline will see its capacity almost double to at least 200,000 barrels per day once upgrade work is finished, according to industry sources and officials.

Delegates: OPEC Unruffled By Oil Price Slide, Sees Market Rebound
Tuesday, August 19, 2014 OPEC is not worried about a slide in oil prices towards $100 a barrel, delegates from the producer group say.

Lukoil Ships First Oil from West Qurna-2
Tuesday, August 19, 2014 Russia's Lukoil ships its first batch of oil from its West Qurna-2 project in Iraq.

  



Turret for Shell's Prelude FLNG En Route from Dubai to SHI's Geoje Yard
Monday, August 18, 2014 Shell reports that the giant turret module for the Prelude floating liquefied natural gas facility has set sail from Dubai for Samsung Heavy Industries shipyard at Geoje, South Korea.

Douglas-Westwood: Iran's Persian Promise
Monday, August 18, 2014 Douglas-Westwood discusses "Iran's Persian Promise" in its latest commentary.

Iraqi Kurdistan's Largest-Producing Oilfield Working To Boost Output
Friday, August 15, 2014 Oil production at Iraqi Kurdistan's largest-producing oilfield is set to rise to as much as 14,000 barrels per day by the end of the month.

Kemp: Petroleum Producers Shift Attention From Middle East
Friday, August 15, 2014 Following four decades of war, sanctions, nationalization and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East.

Total Says Cut Staff In Iraqi Kurdistan
Thursday, August 14, 2014 Total reduces its personnel working in the autonomous Kurdistan region of Iraq, although work on the two oil blocks it operates continued as scheduled.

UAE's TAQA Swings to Quarterly Profits; Pulls Out of Talks in Iraq, India
Wednesday, August 13, 2014 Abu Dhabi National Energy Company (TAQA) swings into second-quarter profits and confirms a shift in its strategy.

Talisman Energy: Readying Iraqi Kurdistan Assets For Sale
Tuesday, August 12, 2014 Talisman says it still plans to sell all or a portion of its exploration properties in Iraq's Kurdistan region despite conflict in the area.

Oil Exploration in Kurdistan Halted Amid Violence
Monday, August 11, 2014 Hess Corp. is latest oil firm to suspend operations in Iraqi Kurdistan, as Kurdistan Regional Government halts exploration activities near potential combat zones.

Oryx Suspends Drilling, Evacuates Staff From Iraqi Oilfields
Friday, August 08, 2014 Oryx suspendeds drilling operations and evacuates staff from oilfields in Iraq's Kurdish region.

OPEC Sees Lower 2014 Oil Demand Growth, Pumps More
Friday, August 08, 2014 OPEC trims its 2014 global oil demand growth forecast for a second consecutive month and says it managed to increase output in July despite violence in Iraq and Libya.

Genel Says Kurdish Fields 'Remain Safe and Secure'
Friday, August 08, 2014 Genel Energy reports that its Taq Taq and Tawke fields in Iraqi Kurdistan "remain safe and secure" amid fighting between Islamic State and Peshmerga forces in Kurdish territory.

Kurdish Oil Pipeline via Turkey Runs Normally Despite Militant Advance
Friday, August 08, 2014 Kurdistan's oil pipeline via Turkey is operating normally and pumping 120,000 barrels per day despite the advance by Islamic State fighters in northern Iraq.

Oil Search to Conduct Testing Program at Taza-2 Well in Kurdistan
Thursday, August 07, 2014 Oil Search plans to undertake a comprehensive testing program at Taza 2 well in Kurdistan, Iraq.

DNO Continuing Operations at All Iraq Oil Fields
Thursday, August 07, 2014 DNO continues operations in Iraq's Kurdistan region in spite of Islamic State militants extending their gains in northern Iraq.

Iraqi Kurdistan-Focused Oil Shares Hit By IS Advance
Thursday, August 07, 2014 Shares of energy companies operating in Iraqi Kurdistan plunged and two US companies evacuated some staff as Islamic State militants advanced.

Dana Gas Says To Recover Overdue Egypt Payments By 2018
Wednesday, August 06, 2014 UAE firm Dana Gas expects to recover the vast majority of overdue payments from the Egyptian government by 2018.

MOG Invites Bids for 5 Onshore, Offshore Blocks in Oman Bid Round 2014
Wednesday, August 06, 2014 Oman's Ministry of Oil & Gas invites bids for five onshore and offshore blocks in the Oman Bid Round 2014.

Genel Profits Rise on Higher Kurdistan Oil Exports
Tuesday, August 05, 2014 Genel Energy posts a 50-percent rise in first-half oil production, buoyed by output from Iraqi Kurdistan.

Islamic State Grabs Iraqi Dam and Oilfield in Victory over Kurds
Sunday, August 03, 2014 Islamist group seizes control of Iraq’s biggest dam and an oilfield from Kurdish forces.

Shell's Pearl GTL: The Largest Gas-To-Liquids Plant In The World
Wednesday, July 30, 2014 As well as being the biggest, Pearl GTL is also one of the most complex and challenging energy projects in the world.

Gulf Marine Sees Extensions to Vessel Contracts
Monday, July 28, 2014 Gulf Marine Services sees contract extensions for two of its Small Class vessels.

Tanker Carrying Iraqi Kurdish Oil Anchored off Texas Port
Sunday, July 27, 2014 A tanker carrying crude oil from Iraqi Kurdistan anchors near Galveston, Texas.

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington
Friday, July 25, 2014 Oil from Iraqi Kurdistan is just two days away from arriving at a US port despite Washington's concern about independent oil sales from the region.

Nakilat-Keppel O&M Bags $110M Contracts from Gulf Drilling International
Thursday, July 24, 2014 Gulf Drilling International awards $110 million contracts to Nakilat-Keppel Offshore & Marine to build a liftboat and to repair and maintain its fleet of jackups.

Fuel Tank Hit in Clashes Near Libyan Airport
Wednesday, July 23, 2014 Fuel storage tanks that supply Tripoli were hit on Wednesday in clashes between rival Libyan militias, igniting a huge blaze.

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.

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.