Iraq south oil exports climb to near-record
Iraq’s oil exports from its southern terminals in July rose to a near-record rate, according to loading data and industry...
Oil & Gas
BP to invest $10 billion in Egypt's gas fields over next 5 years
Egypt's Prime Minister Ibrahim Mahlab finalised an investment deal with the CEO of British Petroleum (BP) in gas fields worth...
Jordan looks to LNG to ease dependence on Egyptian gas
Jordan’s high energy import bills and the frequent power cuts resulting from shortfalls in supplies from Egypt may soon become...
Middle East accounts for 43% of world's proven natural gas reserves
The Middle East region's proven natural gas reserves were estimated at 2,835.4 trillion cubic feet (tcf) at end-2013, equivalent to...
Saudi Aramco finds oil and gas in Red Sea
According to Saudi Aramco's annual report, a deepwater oil field Al-Haryd and a gas field in the Shaur structure were...
Qatar eyes gas gains
The deep pre-Khuff formation off Qatar’s coast has become the focus of major test drilling and survey work, as energy...
GDI awarded $350 million QP contract for Dukhan rig
Gulf Drilling International (GDI) has bagged another QR1.28bn five-year contract from Qatar Petroleum ( QP ) to provide offshore drilling...
New oil pipeline boosts Kurdistan region of Iraq
Erbil, the regional capital of Iraqi Kurdistan, has all the trappings of an oil boomtown. It bristles with construction cranes....
Pearl GTL signs service contracts worth $330 million
Pearl GTL, a joint venture of Qatar Petroleum and Shell, has signed long-term service agreements with five major contractors, worth...
GDI wins $302 million QP contracts
Gulf Drilling International Ltd QSC (GDI), a wholly-owned subsidiary of Gulf International Services (GIS), has been awarded two new contracts...
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