Placing Ismael at the head of the company could mean further development of the country’s oil and gas sector through INOC
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Posted inDRILLING & PRODUCTION
Weatherford signs 18-month contract with Iraqi Drilling Company
Agreement cover services and project management for drilling and completion of 20 wells
Posted inProducts & Services
Petrofac secures Iraq contract extension with Basra Oil Company
The extension is for BOC’s long-standing Iraq Crude Oil Export Expansion Project
Posted inDRILLING & PRODUCTION
Saudi Arabia and Iraq will cooperate to balance oil market
Foreign Minister Faisal bin Farhan noted a desire to reinstate the Saudi ambassador to Iraq as soon as possible
Posted inDRILLING & PRODUCTION
Canada, Iraq and Venezuela lead production shut down: Rystad
Globally, at least 1.9 million barrels per day of oil production have been shut down in April
Posted inDRILLING & PRODUCTION
Kuwait and Iraq lower their oil prices
The countries following Saudi Arabia’s lead, cutting prices for April crude sales
Posted inDRILLING & PRODUCTION
Iraq exports rise 3.3% from southern terminals
Federal exports from OPEC’s second-largest oil producer climbed to 3.415 million b/d in February,
Posted inDRILLING & PRODUCTION
SFO alleges Unaoil agents paid $6mn bribes in Iraq for oil contracts
As the SFO trial began on Thursday, three Unaoil agents faced counts of conspiracy for allegedly bribing South Oil Company
Posted inDRILLING & PRODUCTION
Key questions facing oil and gas companies operating in Iraq
Iraqi oil production averaged more than 4.8 million barrels per day (bpd) in 2019, of which about 1.8 million bpd stemmed from the country’s domestic and state-owned players
Posted inDRILLING & PRODUCTION
OPEC secretary-general says Iraq oil production unaffected by regional instability
He noted that he was optimistic that Iraq, which has lagged on its OPEC productions cuts, would reach full compliance in time