Oil & Gas

Several key Basra oil fields are poised to increase output. But with southern export infrastructure already near full capacity and water injection crucial to maximizing production gains, the oil ministry is banking on oft-delayed projects to meet its ambitious goals.

Kuwait is making considerable strides towards reaching its 2020 production target. But latest figures show that capacity at its key Burgan field has fallen.

Oil output jumped last month, signalling a post-Opec+ deal ramp up. Exports also spiked which with oil at $73/B mean the highest revenues since 2014.

Total made landmark agreements to expand its petchems footprint in the Mena region this week with Saudi Arabia and Algeria.

Qatar Petroleum (QP) is to issue a tender this month for six drilling rigs for its major LNG expansion....

DNO's Peshkabir field has reached its 2018, 50,000 b/d target, boosting the firm's gross Kurdish output to a three-year high of 130,000 b/d.

Amid growing output, Libya hopes an 8 October deal with BP and Eni will facilitate the exploration necessary for future output growth.

This week saw two major moves in the drilling industry with ramifications for the Middle East. First, Houston-based oilfield...

Iraq has restarted production from Ajeel and Qayara oil fields, two northern assets that suffered heavy damage at the...

London-headquartered Gulf Keystone (GKP) pulled in a $26.6mn payment this week for its work at Iraqi Kurdistan’s 32,000 b/d...

Adnoc CEO Sultan al-Jaber says that the firm has received an “overwhelming response” to the bid round it launched...

Egypt’s President Sisi says the country has imported its last LNG cargo and will become a net gas exporter next April, four years after it imported its first LNG cargo. But with ambitious plans to use the gas domestically, will dreams of becoming a regional gas hub materialize?