Middle East

Liquefied Natural Gas (LNG) , Midstream

Sempra, Aramco Agree To Interim Deal For Port Arthur LNG

Agreement supports Aramco’s long-term natural gas strategy.

January 7, 2020

Crude Oil , Trade , International , Midstream

Insight: Oil Supply Threatened By Military Escalation Risk In Mideast

What was originally a proxy war between Washington and Tehran has dangerously become a direct confrontation that is raising concerns about Middle East oil flows.

January 6, 2020

People , Exploration & Production

US Oil Major Chevron Pulls Staff From Northern Iraq

Chevron said a small contingent of expatriate employees and contractors temporarily left its Kurdistan region operations as a precautionary measure.

January 6, 2020

Exploration & Production

Genel Energy Flows Oil At Well During Test At Kurdistan Field

The well, which is nearing completion, produced from all zones tested at a maximum combined flow rate of more than 3,900 barrels of oil per day (bbl/d) with 28/64-in. choke, Genel said in a news release.

January 6, 2020

Seismic

Halliburton Presents Multimillion-dollar Software Grant To King Abdulaziz University

Halliburton Landmark said Jan. 2 that it presented a multimillion dollar educational software grant to King Abdulaziz University in Saudi Arabia to train and prepare the next generation of Saudi oil and gas engineers and geoscientists.

January 6, 2020

Crude Oil , Trade , International , Midstream

Oil Tops $70 As Middle East Tensions Rattle Markets

Crude oil prices climb 5% after the U.S. assassination last week of Iranian commander Qassem Soleimani.

January 6, 2020

Crude Oil , Trade , International

Oil Prices Jump Almost $3 After US Kills Iran’s Soleimani

Oil prices jumped nearly $3 on Jan. 3 after a U.S. air strike in Baghdad killed the head of Iran's elite Quds Force.

January 3, 2020

Field Development , Natural Gas , Trade , International , Pipelines

Greece, Israel, Cyprus Sign EastMed Gas Pipeline Deal

European governments and Israel last year agreed to proceed with the so-called EastMed project, a $6 billion to $7 billion pipeline project to carry gas from Israeli and Cypriot waters into Europe.

January 2, 2020

Technology

Petrofac Lands Contract Work Worth $130 Million In Oman

Petrofac said Dec. 31 it won a new contract and the award of an additional scope of work with Petroleum Development Oman, with a combined value of roughly $130 million.

December 31, 2019

Public Capital , Field Development , Lease Sales

Exxon Mobil Makes Over 1.7 Million-Acre Acquisition Offshore Egypt

Exxon Mobil, which has had a long-standing downstream presence in Egypt dating back to the beginning of the 20th century, marked its foray into gas exploration in the country in February 2019.

December 30, 2019