Iraq Attracts Investments for Petrochemical Projects
Iraq has received a number of offers from international companies to establish petrochemical plants across the country.
Iraq has received a number of offers from international companies to establish petrochemical plants across the country.
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.
The Iraqi government announced that it will sign a memorandum of understanding (MoU) with US energy company Honeywell for natural gas processing from the Artawi southern oilfield.
Iraq’s oil exports from its southern ports have reached 3.42 million barrels per day (b/d) since the beginning of July.
An Iraqi delegation has recently discussed cooperation with Iranian companies in oil and gas projects during a meeting with Iran’s Energy Industries Engineering and Design Company (EIED).
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
Iraq and Dutch maritime services company Boskalis have reportedly reached a deal to build an offshore oil export installation.
The agreement will allow Iraq to export crude oil to and import petroleum products from Oman.
The West Qurna 1 oilfield has reached a production capacity of around 465,000 barrels per day (b/d), from a previous level of 440,000 b/d.
Gulf Keystone Petroleum has received $10.7 million for Shaikan crude oil sales.