Five phases of the South Pars gas field development in the Persian Gulf are nearing completion, according to Iranian news service Shana.

Estimated gas resources from the Tamar field offshore Israel have risen from 8.4 tcf to 9 tcf following appraisal work, according to operator Noble Energy.

DSME reports signing a Heads of Agreement to develop the Tamar gas field offshore Israel in the Mediterranean.

National Iranian Offshore Oil Co. (NIOOC) should sign a development contract shortly with Iran’s Mapna Group for the Forouz B gas field in the Persian Gulf.

Sheikh Hamad bin Khalifa Al-Thani, the Emir of Qatar, has inaugurated the Pearl Gas-to-Liquids (GTL) Project, claimed to be the world’s largest GTL plant.

Iranian Offshore Engineering and Construction Co. (IOEC) is working on projects with a combined value exceeding $9 billion, according to CEO Ali Taheri Motlaq.

Oil output from the Cheleken Contract Area in the Turkmen sector of the Caspian Sea should reach a peak of 100,000 b/d in 2015, according to operator Dragon Oil.

Abu Dhabi Marine Operating Co. (ADMA-OPCO) has contracted Fluor Offshore Solutions for the front-end engineering design (FEED) for new offshore facilities on the Nasr field, 30 km (18.6 mi) northeast of the Umm Shaif super complex.

Iran is looking to speed up the Phase 11 development of the South Pars field in the Persian Gulf.