Iraq | Egypt Oil & Gas

Iraq’s Fuel Oil Exports to Hit Record Year Following Surge in October Volumes

Iraq's fuel oil exports are poised to achieve all time highs this year, driven by the country’s ramp up shipments in October. This surge comes as domestic demand eased and production rose, according to Reuters.

China’s CNOOC Signs Oil, Gas Contract to Develop Iraq’s Block 7

China's CNOOC has signed an Exploration, Development & Production Contract (EDPC) with Iraq's state-run Midland Oil Company to explore for oil and gas at the Block 7 field in the Middle East nation.

Iraq to Offer New Gas Exploration Licensing Round

Iraq plans to offer 10 gas exploration blocks to international companies in a new licensing round to be revealed during Iraqi Oil Minister’s visit to the US.

Egyptian Oil Companies Encouraged to Deepen Involvement in Iraq

The Iraqi Ambassador to Egypt Qahtan Taha Khalaf has stated that the time is ripe for Egyptian oil companies to boost their role in Iraq, given their valuable experience in executing significant projects. 

bp Signs MoU with Iraq to Explore Redevelopment in Kirkuk Region

bp has signed a memorandum of understanding (MoU) with Iraq to negotiate a material-integrated redevelopment program for the Kirkuk region, including oil and gas investment, power generation, and solar along with ...

Wood Secures $46M Engineering Contract in Iraq

Wood, a global leader in consulting and engineering company, has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq.

Reconstruction of North Refinery at Al-Sumoud Complex Continues: Iraqi Oil Minister

The Iraqi Minister of Oil, Hayan Abdul Ghani, announced the continues reconstruction and rehabilitation operations for the north refinery located Al-Sumoud complex in Baiji.

IDC Drills, Reclaims 86 Oil Wells During H1 of 2023

The Iraqi Drilling Company (IDC) announced that it has drilled and reclaimed 86 oil wells during H1 of 2023.

Iraq to Pay $2.76B in Gas, Electricity Debt to Iran

After securing a sanctions waiver from the United States, Iraq agreed to pay Iran $2.76 billion in gas and electricity debt, a senior official in the Iraqi foreign ministry said, Reuters added.

TotalEnergies to Start Operations for $27B Iraqi Energy Project in H2 2023

Iraq expects TotalEnergies to start operations in a long-delayed oil, gas, and renewable energy project, at 27 billion USD, in the second half of 2023, Sky News Arabia reported.

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