Basra | Egypt Oil & Gas
Iraq Lays Foundation Stone for Basra Oil Processing Plant
The Chairman of the National Oil Company Ihsan Abdul-Jabbar Ismail has laid the foundation stone for the crude oil processing plant in the exploration Block 9 within Al Fayha oil field in Basra at a capacity of 100,0...
Total Considers Natural Gas Investments in Iraq
French international oil and gas company, Total SE, is considering investing in Iraq’s natural gas sector as the Iraqi government met with Total, according to Bloomberg. The meeting took place in Paris and the potenti...
Iraq’s Oil Exports Fall 9%, Still Exceeding OPEC Quota
Iraq’s oil exports fell by circa 9% or 310,000 barrels per day (bbl/dd) in June, meaning that Iraq has fulfilled about three-fifths of its pledge to the OPEC+ production deal, according to Reuters. Southern Iraqi expo...
Iraq Invests in Associated Gas at Southern Fields
The Iraqi Ministry of Oil announced that it will invest in associated gas after signing a memorandum of understanding (MoU) with Honeywell for gas processing from the Artawi southern oilfield, Asharq Al-Awsat reported...
Iraq’s Southern Oil Exports Reach 3.42 MM b/d in July
Iraq’s oil exports from its southern ports have reached 3.42 million barrels per day (b/d) month-to-date, official sources told Reuters. In June, Iraqi exports from southern Basra terminals fell to 3.39 million b/d do...
Iraq Resumes Sale of Basra Oil on DME
Iraqi state oil marketing company SOMO has sold Basra crude oil on the Dubai Mercantile Exchange (DME) for the first time since January, Reuters reported. SOMO sold 2 million barrels of Basra Light crude for loading o...
Iranian Company Agrees to Well Drilling and Repair in Iraq
The National Iranian Drilling Company (NIDC) signed a memorandum of understanding with an Iraqi company to conduct drilling and oil well repair at the Basra and Az Zubeir oilfields, Pipeline Oil and Gas Magazine repor...
Kuwait’s Donated Oil Shipment Arrives in Iraq
An oil tanker containing supplies of gas oil donated by the Kuwaiti government arrived in the Iraqi port of Basra on July 23, Kuwait News Agency (KUNA) reported. The donation of 18,000 tons of gas oil was ordered by t...
