Iraq | Egypt Oil & Gas - Part 15

Iraq Achieves Hydrocarbons Discovery

The Baeshiqa-2 exploration well in Iraq’s Kurdistan region has achieved a hydrocarbons discovery.

Iraqi Oil Production Remains Unaffected Amid Turmoil

The International Monetary Fund (IMF) has declared Iraq's oil production and oil fields unaffected by the nationwide protests.

Iraq Exports 200,000 boe to Jordan

Iraq exported around 204,000 barrels of oil equivalent (boe) to Jordan during September, according to Energy Minister Hala Zawati.

Iraq Oil Exports Drop to 3.576 MM b/d in September

The country is producing less than its usual capacity of approximately 5 million b/d, as per an OPEC+ agreement to cut production and support prices.

SOMO Sells November Light Crude at Higher Premium

SOMO sold the 2 million barrels at a premium of a little more than $1 per barrel to its official selling price (OSP).

India’s Iraq Oil Imports Surge in August

India’s oil imports from Iraq boosted in August by shipping around 1.32 million barrels per day (b/d).

Iraq’s Oil Exports Top 111 MM barrels in August

Iraq has exported 111.7 million barrels of oil during August, with total revenues of about 6.42 billion.

Iraq, Boskalis Ink MoU for New Artificial Island

Basrah Oil Company (BOC) has signed a memorandum of understanding (MoU) with Royal Boskalis Westminster to establish a new artificial island.

Dana Gas Egyptian Assets Attract Huge Interest

Dana Gas is receiving several offers from companies interested in acquiring its asset portfolio in Egypt.

Iraq Vows to Cut Oil Output

Iraq will reduce crude oil production levels starting from October, according to the Iraqi Minister of Oil, Thamer Ghadhban.

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