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Middle East gas can power regional prosperity
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.
Middle East Gas Conference 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
ADNOC targets Santos in big LNG push
The takeover, if it gets the all-clear from regulators and other government authorities, would propel XRG and its parent firm ADNOC into the top tier of global LNG players
ADNOC eyes cross-border opportunities
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
Saudi Arabia and Russia pull OPEC+ in different directions
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
OPEC++, the sequel, has arrived
It is time to acknowledge that the US-Saudi Arabia nexus is driving a fundamental shift in OPEC strategy
Saudi-US energy ties adapt to multipolar world
Saudi Arabia and US relations can construct a new ‘field of dreams’, but opportunism may be the new rules of the game
Asia proves a growing draw for Gulf players
A newly formed joint venture between Saudi Aramco and Sinopec signals rising Gulf interest in the Asian market
Saudi Arabia and Kuwait home in on disputed Dorra field
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
A new energy order in the UAE and Saudi Arabia
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
High oil prices have spurred investment in reserves
Qatar QatarEnergy Oman UAE Saudi Arabia
Clare Dunkley
19 April 2022
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Gulf oil producers dust off costlier projects

The market upswing is driving investment in untapped reserves and field redevelopments previously considered commercially unviable

Oil price booms typically spur investment in reserves with challenging economics. And the current boom is proving no different, despite intensified global decarbonisation pressures. The Mideast Gulf’s leading producers, Saudi Arabia and the UAE, resumed spending on key development projects almost as soon as the recovery took hold early last year. Now with prices at eight-year highs and showing scant prospect of receding soon, the region’s smaller players are also investing anew while mothballed schemes with relatively high breakeven costs are back on the agenda. In March, state-owned QatarEnergy (QE) awarded a contract to Netherlands-based Fugro to “de-risk” the long-delayed redevelopment of

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A number of companies have filed arbitration claims against Gazprom over non-deliveries of contracted gas or other matters—and won. The next step is to collect the award; this is no easy task but it can be done thanks to an international legal framework under the New York Convention.
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TotalEnergies sticks to winning formula
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TotalEnergies is an outlier among other majors for remaining committed to low-carbon investments while continuing to replenish and expand its ample oil and gas portfolio, with an appetite for high risk/high return projects.

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