The Iraqi cabinet approved what it described as an “amicable settlement” with Russia’s Lukoil over the transfer of operations at the giant West Qurna 2 oil field to the state-run Basra Oil Company, Reuters reported, c...
Senior Iraqi government officials met with Patrick Pouyanné, Chairman and CEO of TotalEnergies, to celebrate the launch of the construction of the Common Seawater Supply Project (CSSP) and Phase 2 of the Artawi Oil Fi...
Iraqi Basra Oil Company (BOC) has signed two agreements with Halliburton to develop the Nahr Bin Omar and Sinbad fields, according to Iraqi news agency. This confidentiality agreement involves Iraq to provide Hallibur...
The Iraqi Cabinet has approved the recommendation of the Ministerial Council for Energy for conducting a tender to drill 96 oil wells in Basra, a statement issued by the General Secretariat of the Cabinet announced. T...
Iraq has awarded Petrofac’s Engineering & Production Services (EPC) a six month contract extension with Basra Oil Company (BOC) for the Crude Oil Export Expansion Project (ICOEEP), according to a press release. T...
Iraq has put an end to the emergency state in the Majnoon oilfield, according to Thamer Ghadhban, Iraq’s Oil Minister, Reuters reported. The country proclaimed the emergency state as a precaution due to the floods tha...
Iraq’s Basra Oil Company and Iraq Drilling Company inked an agreement to drill 40 wells at the Majnoon oil field, according to the Iraqi Oil Ministry Thamer Ghadhban, Pipeline Oil and Gas Magazine reported. The ...
The Iraqi Oil Ministry has announced signing a deal with Schlumberger to drill 40 wells in the giant Majnoon oilfield, Reuters reported. The agreement with the international services firm aims to increase production f...
Iraq has signed a deal with Petrofac worth $369 million for the construction of a new crude-processing plant in the giant Majnoon oilfield, Reuters reported. The plant, expected to have a capacity of 200,000 barrels p...
Russia’s Lukoil, in conjunction with local state-run Basra Oil Company, aims to double production from Iraq’s West Qurna-2 oil field to 800,000 barrels per day (b/d) by 2025, OilPrice.com reported. The com...