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Detained Iranian tanker changes name and leaves Gibraltar

US had issued warrant to seize the vessel The post Detained Iranian tanker changes name and leaves Gibraltar appeared first on MEED.

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Middle East contract awards: July 2019

The bumper award of close to $17bn-worth of oil and gas work in Saudi Arabia has dramatically spurred project activity after several subdued months The post Middle East contract awards: July 2019...

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TechnipFMC split is contrary to industry consolidation trend

The separation of the energy services company into two units comes at a time of consolidation in the global oil and gas contracting and services sector The post TechnipFMC split is contrary to industry...

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Middle East contract awards: August 2019

Region returns to average levels of contract awards activity The post Middle East contract awards: August 2019 appeared first on MEED.

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Saudi Arabia to exceed compliance to Opec+ output deal

The kingdom’s new Energy Minister made the statement at a meeting of the Opec+ alliance in Abu Dhabi on 12 September The post Saudi Arabia to exceed compliance to Opec+ output deal appeared first on...

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Petropars signs contract to develop Iran’s Bilal gas field

Contract is worth $440m and involves Petropars producing 500 million cubic feet of gas a day The post Petropars signs contract to develop Iran’s Bilal gas field appeared first on MEED.

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Houthis plan more attacks on Saudi oil facilities

International condemnation pours in against attack on Saudi Aramco oil facilities The post Houthis plan more attacks on Saudi oil facilities appeared first on MEED.

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Iraq records significant growth in projects market

Improvement in Iraq's index bodes well for its reconstruction programme The post Iraq records significant growth in projects market appeared first on MEED.

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US to deploy additional troops to the Middle East

The Pentagon however reiterated that Washington does not seek a conflict with Iran and called on Tehran to return to diplomatic channels The post US to deploy additional troops to the Middle East...

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Ship owner says Iran has decided to release British-flagged tanker

Stena Imperio was seized by Iran on 19 July The post Ship owner says Iran has decided to release British-flagged tanker appeared first on MEED.

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Iran invites bids for major power transmission project

Esfahan transmission project has received financing from the Islamic Development Bank The post Iran invites bids for major power transmission project appeared first on MEED.

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CNPC pulls out of Iran’s South Pars development project

South Pars Phase 11 has an estimated budget of $4.8bn The post CNPC pulls out of Iran’s South Pars development project appeared first on MEED.

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Iran prepares to respond to oil tanker attack

The vessel was attacked off the coast of Saudi Arabia The post Iran prepares to respond to oil tanker attack appeared first on MEED.

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Middle East contract awards: September 2019

Iraq tops contract awards activity in region The post Middle East contract awards: September 2019 appeared first on MEED.

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World Bank expects Iran economy to contract by 8.7 per cent

Growth is hampered by a drop in oil revenues as US tightens economic sanctions The post World Bank expects Iran economy to contract by 8.7 per cent appeared first on MEED.

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Iran discovers new oil field

The field has 53 billion barrels of oil and is located close to the Iraqi border The post Iran discovers new oil field appeared first on MEED.

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Middle East contract awards: October 2019

Region records muted contract awards activity The post Middle East contract awards: October 2019 appeared first on MEED.

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Oil discovery boost for weak economies

Iran's announcement of a new oil discovery comes as the Islamic Republic's economy endures a difficult year The post Oil discovery boost for weak economies appeared first on MEED.

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Protests erupt in Iran after government increases fuel hikes

Tehran says it has reduced fuel subsidies so that it can increase support for low-income families The post Protests erupt in Iran after government increases fuel hikes appeared first on MEED.

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Opec+ faced with choice between maintaining and deepening output cuts

The slow outlook for demand growth means oil producers in the Opec+ alliance will continue restraining production in 2020 The post Opec+ faced with choice between maintaining and deepening output cuts...

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