Iraq Requests BP to Cut Production by 10%
Iraq has requested that supermajor BP cut its crude production by 10% at the southern field of Rumaila as Iraq ramps up efforts to comply with OPEC+ cuts.
Iraq | Egypt Oil & Gas - Part 13
Iraq Promises to Further Reduce Oil Production
Iraq’s finance minister and acting oil minister, Ali Abdul Ameer Allawi, has announced that Iraq will further cut its oil output and reiterated that Iraq remains committed to the OPEC+ deal.
Iraqi Oil Exports Down to 3.44 mmbbl/d
Iraq’s total oil exports for April averaged 3.438 million barrels per day (mmbbl/d) and oil revenue more than halved to $1.42 billion.
Petrofac Extends Contract in Iraq with Basra Oil
Iraq has awarded Petrofac’s Engineering & Production Services (EPC) a six month contract extension with Basra Oil Company for the Crude Oil Export Expansion Project (ICOEEP).
Iraq’s Production Cuts Below Third of OPEC’s Required Rate
Iraq has announced that it will only cut production by 700,000 barrels per day (bbl/d), a third less than the required amount from the OPEC+ supply pact, after international oil companies (IOC) rejected further cu ...
Genel Energy Completes 5 Development Wells in Iraq
Genel Energy plc (Genel) announces the completion of five development wells at Tawke PSC in the licence during the quarter, three drilling rigs were released, but the Company-operated workover rig continues to ser ...
DNO Completes Testing of Iraq Oil Well
The Norwegian oil and gas company, DNO ASA has completed the testing and appraisal of the Baeshiqa-2 exploration well in Kurdistan, Iraq, in addition to preparing the imminent spud of an exploration well on a sepa ...
Genel Energy Continues Negotiation Over Bina Bawi
Genel Energy plc negotiates further with the Kurdistan Regional Government (KRG) over the Iraqi oil field Bina Bawi.
Kurdistan Reaches Agreement With Iraq to Cut Production
The Kurdistan Regional Government (KRG) and the federal Iraqi government have come to an agreement to cut oil output in line with a new deal between top oil producers to lower global supply.
Kurdistan to be Included in Iraq’s Oil Production Cuts
Iraq’s oil minister, Thamer al-Ghadhban, announced that the Kurdistan region is included in the 1 million barrels per day (mmbbl/d) cut of oil production.
