Iraq | Egypt Oil & Gas - Part 2

Iraq, TotalEnergies to Move Forward with GGIP

In reaffirming their commitment to the Gas Growth Integrated Project's (GGIP) agreement that was signed in September 2021, TotalEnergies and the Iraqi government have jointly defined the necessary conditions and m ...

Iraq Calls on Turkey to Resume Oil Exports After KRG Deal

Following a deal between Iraq’s federal government and the Kurdistan Regional Government (KRG), northern oil exports through Ceyhan are planned to resume and Baghdad will write to Turkey to restart pipeline flows. ...

Norwegian DNO Stores Oil as Iraq Stops Exports via Turkey

Norwegian oil company DNO started putting oil in storage tanks at fields located in the semi-autonomous Kurdistan region of northern Iraq as the MENA country halted exports through a pipeline to the Turkish port o ...

Iraqi Oil Minister: Iraq in Final stages of Talks for $27B TotalEnergies Deal

TotalEnergies and Iraq talks to resolve sticking points in a long-delayed $27 billion energy deal "have reached advanced stages", Iraqi oil minister Hayan Abdel-Ghani said on Sunday, Reuters reported.

Iraqi Oil Minister Requests Egyptian Companies to Engage in More Iraqi Projects

Tariq El-Molla, Minister of Petroleum and Mineral Resources, On the sidelines of the Egypt International Petroleum Conference and Exhibition (EGYPS 2023), received Hayan Abdul-Ghani, Iraqi Deputy Prime Minister fo ...

Exports Restart After spillage at Iraq’s Basrah oil terminal

Basrah Oil Company announced that oil loading and exporting operations at the Basrah oil terminal in Iraq have resumed following a spillage that was stopped recently but has since been contained, Reuters reported. ...

TotalEnergies Sells Its 18% Stake in Iraq’s Sarsang Oil Field

TotalEnergies has completed the sale of its 18% stake in the onshore Sarsang oil field in Iraqi Kurdistan for $155 million to ShaMaran Petroleum Corp., a company listed in Canada and Sweden that specializes in oil ...

Oil Firms Ask U.S to Defuse Iraq-Kurdistan Tensions

Oil companies operating in Kurdistan have requested the US to help ease rising tensions between the central government of Iraq and the semi-autonomous province of Iraqi Kurdistan.

Iraq’s Oil Production Increases by Almost 70,000 bbl/d in July

According to data from the state-owned marketer SOMO seen by Reuters on Wednesday, Iraq produced 4.584 million barrels of crude oil per day (mmbbl/d) in July, up 69,000 from June.

Iraq Has the Capacity to Increase Oil Production by 200,000 bbl/d

An executive of Iraq's Basra Oil Co. (BOC) told Reuters on Friday that Iraq can increase its oil production by 200,000 barrels per day (bbl/d) this year if asked.

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