Noble Energy Mediterranean, Delek Group gas partnerships announced that the Ensco 5006 rig has completed the planned work for sealing the Leviathan 2 evaluation drill which has resulted in halting the water flowing from it. In the coming year, in coordination with the Ministry of Energy and Water Re
GE Oil & Gas is highlighting a full range of its advanced technology products and services at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), the largest event for the industry in the Middle East to be attended by representatives from over 58 countries. GE’s technology showca
Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, said that it has reached an in-principle agreement on the restructuring terms of the US$1 billion Sukuk-al-Mudarabah due 31 October with the Ad Hoc Committee of Sukukholders. The Ad Hoc Committee holds a
Turkey does not plan to reduce imports of natural gas from Iran, Turkey’s Energy Minister, Taner Yildiz announced. “Turkey does not plan to reduce gas supplies from Iran, as the EU sanctions against Iran will not cover existing contracts,” Yildiz said. Iran and Turkey signed a 25 year agreement to s
A gas pipeline feeding the Balhaf LNG terminal in Yemen will take about one week to be repaired following an attack on it on October 30, Reuters quoted Yemen’s oil and minerals minister Ahmed Dares as saying. “The government is working to take a series of measures to secure the oil installations and
Qatargas has been awarded the prestigious “Award for Excellence in Flaring Reduction” by the World Bank led Global Gas Flaring Reduction Partnership (GGFR) at a high-profile gala ceremony in London. The World Bank led initiative, the GGFR, is a globally recognized flare mitigation program within the
The first deck of South Pars gas field phases 17 and 18 platforms was installed in its maritime location in Persian Gulf. Managing director of Pars Oil and Gas Company (POGC), Mousa Souri, made the remarks adding the deck weighs 2320 tons adding two million hours of specialized work have been spent
Natural gas condensates worth about 1.67 billion dollars were imported through Pars complex seaport, according to the report by nioc web site. The customhouse manager of Pars special region, Ahmad Pour heidar confirmed that the cargos were comprised of 9 pieces of natural gas condensates with weight
80 billion dollars will be invested in development and completion of South Pars gas field phases, deputy minister of petroleum for planning and supervision on hydrocarbon resources said. Speaking during a visit to Assaluyeh, onshore installation of South Pars gas field, Mohsen Khojasteh-Mehr told Sh
Dana Gas PJSC the Middle East’s largest regional private sector natural gas company, announced its financial results for the nine months ended 30 September 2012 with a net profit after tax of AED 491 million, an increase of 37% as compared to AED 359 million for the comparable period in 2011. Revenu
Yemen LNG confirmed the sabotage of the 38 inch gas pipeline that links the block 18 to the Balhaf terminal on the Gulf of Aden. The explosion occurred at 22:00 hrs on Tuesday, at 295 km north of Balhaf. The 320km pipeline has been attacked several times this year by suspected al-Qaida-linked gunmen
In the GCC’s oil and gas industry, past developments have focused more on enhancing the oil sector as opposed to the gas sector. However, with recent reports on the demand for gas both globally and domestically on the rise, as well as unconventional gas competition from the US, the GCC needs to inve
A senior delegation headed by H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, recently visited Japan and South Korea. Hamad Rashid Al Mohannadi, RasGas Company Limited’s (RasGas) Managing Director, accompanied the Minister and the RasGas team gave Al Sada presentations on a range
The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran’s oil and gas industries. “The economic potentials of
