Middle East

Israel's gas reserves grew by 40% over past decade

Israel's natural gas reserves have grown by 40% over the past decade due to increased drilling and exploration activities, an industry report said, even as production soared.

Qatar strikes second big LNG supply deal with China

Qatar secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.

Cyprus changes tack with plan for Mediterranean gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.

Pakistan approves LNG purchase deal with Azerbaijan

Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.

Air Products’ AP-X LNG Technology and Equipment Selected for the North Field South Project

Air Products has been selected to provide its proprietary AP-X LNG Process technology and equipment to Qatargas for the North Field South Project in Ras Laffan, the State of Qatar.

Iraq to pay $2.76 B in gas and electricity debt to Iran

Iraq has agreed to pay about $2.76 B in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.

QatarEnergy to sign long-term LNG supply deal with Bangladesh

QatarEnergy will sign a long-term LNG supply deal with Bangladesh's state-owned gas company Petrobangla, the second Asian sales deal to be sealed for Qatar's North Field expansion project.

Iraq says Iran blames reduced gas exports on 'technical' matter

Iran's foreign minister told his Iraqi counterpart that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.

Air Products signs $1-B deal for processing facility in Uzbekistan

Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.

Saudi Aramco to develop 400 mcf per day Iraqi gas field

Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said.

Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy

Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.

ADNOC Gas reports Q1 2023 net income of $1.3 B, up 9% year-on-year

ADNOC Gas plc announces its first quarterly financial results since its formation and initial public offering, for the three months ended March 31, 2023.

UAE's ADNOC says 'business as usual' in Asia

Abu Dhabi National Oil Company sees no dip in demand from Asian customers as cheap Russian oil flows into the continent on the back of Western sanctions on Moscow, a senior executive said.

Global gas markets rebalancing and remains tight in 2023

Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.

UAE's ADNOC swaps Fujairah for Ruwais as location for LNG export project

he UAE's state energy firm ADNOC said its planned LNG  project would move forward in the Al Ruwais Industrial City in Abu Dhabi and not in the emirate of Fujairah.

Erdogan offers free gas pre-election after first Black Sea field shipment

President Tayyip Erdogan flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections.

Chevron seeks drilling ship to expand East Med gas search

Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the U.S. energy major looks to meet growing demand in the region and Europe.

ADNOC L&S expands shipping fleet with five new VLGCs

United Arab Emirates' ADNOC Logistics & Services has expanded its fleet with the deployment of five new-build VLGC.

Russia's Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying

Sibur, the largest producer and exporter of LPG in Russia, redirected exports to Africa, the Middle East and Asia in the past three months.

INPEX submits revised plan of development for Abadi LNG project

INPEX Corporation announced that through its subsidiary INPEX Masela, Ltd., it has submitted a revised Plan of Development for Abadi LNG Project incorporating a CCS component to Indonesian government authorities on behalf of the joint venture composed of INPEX and Shell.

Baghdad agrees to 30% stake in TotalEnergies $27 B Iraq energy project

Baghdad has reached an agreement to hold a 30% stake in TotalEnergies long-delayed $27 B Iraq project reviving a deal that Baghdad hopes could lure back foreign investment into the battered country which craves stability.

Baghdad, Erbil sign deal to restart northern oil exports

Iraq's federal government and the Kurdistan Regional Government signed a deal to restart northern oil exports through Turkey on Tuesday.

Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project

Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.

What is the Iraq-Turkey oil pipeline dispute and who's on the hook?

An international arbitration ruling prompted the shutdown of Iraq's northern crude oil exports through Turkey and sent oil prices back towards $80 a barrel.

Axens HySWEET Technology selected by SPETCO International Petroleum Co. Kuwait and Jereh for the acid Gas Removal Units of two new Gas Treatment plants in Kuwait

Axens is supplying the process design packages for the gas treatment of two gas plants located in North Kuwait, which EPC are managed respectively by SPETCO and Jereh.

bp, ADNOC offer to buy 50% of Israel's NewMed Energy

bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.

Elliott Group announces opening of new service center in Saudi Arabia

Elliott Group is pleased to announce the opening of Elliott Gas Services Saudi Arabia (EGSSA), which is the product of a joint venture between Elliott and GAS Arabian Services.

Energean CEO says looking to increase Israel FPSO capacity

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year.

CERAWEEK: Bahrain explores constructing LNG export facility

Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets.

ADNOC looks to raise up to $2 B from IPO of gas unit

Abu Dhabi National Oil Co (ADNOC) said it has set a price range for an initial public offering (IPO) of its gas unit that could raise up to $2 B and give ADNOC Gas an equity valuation of $47 B-$50.8 B.