Basra | Egypt Oil & Gas

Exports Restart After spillage at Iraq’s Basrah oil terminal

Basrah Oil Company announced that oil loading and exporting operations at the Basrah oil terminal in Iraq have resumed following a spillage that was stopped recently but has since been contained, Reuters reported. ...

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 10 ...

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.

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

Iraq Invests in Associated Gas at Southern Fields

The Iraqi Ministry of Oil announced that it will invest in the associated gas, after signing a memorandum of understanding (MoU) with Honeywell for gas processing from the Artawi southern oilfield.

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) since the beginning of July.

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.

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.

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.

Iraqi Oil Exports Rise 11% Y.o.Y

Iraq’s oil exports rose 11.5% in the year to March 2018.

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