Iraq to Resume Oil Exports to Jordan
Jordan’s Energy Minister, Hala Zawati, has finalized procedures to resume Iraqi oil exports to Jordan after Iraq stopped exporting after oil prices dropped to less than $20 per barrel.
Iraq | Egypt Oil & Gas - Part 13
Weatherford Signs 20-Well Contract in Iraq
The Irish drilling services provider, Weatherford International, has signed an eighteen-month contract with the Iraqi Drilling Company (IDC) to provide services for the drilling and completion of twenty wells in t ...
Saudi, Iraq Confirm Commitment to OPEC+ agreement
Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman Al Saud, and Iraq’s Oil Minister, Ihsan Abdul Jabbar Ismail, had a phone call to discuss the issue of compliance with the OPEC+ deal.
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
India’s Oil Imports Drop 31%, Hitting Lowest Levels since 2011
India’s oil imports in May have nosedived 31% from April’s levels, representing the lowest importing figures since October 2011.
APICORP Expects $792 B MEANA Energy Investments in Coming Five Years
Arab Petroleum Investment Corporation (APICORP) have pledged $792 billion for planned energy investments for the time period 2020-2024.
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 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).
