Local news reported that it had received a letter of intent from Basrah Oil Company for the project
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Posted inDRILLING & PRODUCTION
Exxon Mobil staff evacuation from Iraq ‘unacceptable’: Oil minister
60 foreign employees were reportedly evacuated from West Qurna 1 oilfield
Posted inDRILLING & PRODUCTION
Iraq will abide by OPEC production cuts, will not raise output: Oil minister
Iraq’s oil minister noted that the nation does not make decisions on production outside of OPEC
Posted inDRILLING & PRODUCTION
Iraq gas projects to overtake oil in 2019: Rystad Energy
Rystad Energy forecasts that gas developments in Iraq will overtake oil projects in 2019, measured in resources sanctioned for development
Posted inDRILLING & PRODUCTION
Eni eyeing new opportunities in Iraq
The deputy prime minister of energy affairs for Iraq, Thamir A. Al Ghadhban, and the Chief Executive Officer of Eni, Claudio Descalzi met in Baghdad this week
Posted inDRILLING & PRODUCTION
Iraq to drill 40 new wells in Majnoon field: Oil ministry
This is expected to boost production at the giant field to 450,000 barrels per day (bpd) by 2021, up from current output of 240,000 bpd.
Posted inDRILLING & PRODUCTION
Iraq oil exports reportedly rose 9.5% in December
Reuters reports that Iraq’s oil exports averaged 3.726mn barrels per day (bpd) in December, up from 3.372mn bpd in November
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Iraq’s policies to support oil and gas development appear stalled, says GlobalData
Iraq’s oil production is growing, but existing contracts are not reaching their full potential
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IBBC welcomed 260+ delegates to Dubai to discuss Iraq’s reconstruction & rebuilding
On November 25, IBBC welcomed 260+ delegates to Dubai to discuss ‘Iraq – Reconstruction & Rebuilding, how to deliver Vision’ with industry experts, government and international organisations
Posted inDRILLING & PRODUCTION
Weir signs $4mn deal with major international oil company in Iraq
It will provide workshop services, machine shop services, emergency manufacturing and engineering support for a major international oil company