Iraq’s West Qurna 1 Raises Production to 465,000 b/d
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.
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.
Iraqi oil minister Thamer Ghadhban expressed his support for the output cut agreement by the Organization of the Petroleum Exporting Countries (OPEC) and its allies.
Iraq has selected Hyundai Engineering and Construction Company to construct a seawater injection facility.
Iraqi oil minister Thamer Ghadhban announced the end of the emergency state applied in the Majnoon oilfield because of floods.
Iraq plans to increase the production capacity of West Qurna 1 oilfield to 490,000 barrels per day (b/d) in the next few days, according to a senior official.
ExxonMobil evacuated its foreign staff which reached 60 people from Iraqi West Qurna 1 oilfield and moved them to the company’s Dubai offices.
Iraq has its contingency plans to be able to absorb any stoppage in importing Iranian gas for its power grid with hopes that no such disruptions will take place, according to Iraqi Oil Minister Thamer Ghadhban.
Iraq and China Petroleum Engineering & Construction Corporation (CPECC) inked a deal to build and operate facilities to process Iraqi Halfaya oilfield’s extracted natural gas and crude oil.
Iraq is expected to sign a $53 billion energy agreement with ExxonMobil and PetroChina. The Iraqi Prime Minister Adel Abdul Mahdi denied any link between the mega-project and the US permission for Iraq to do busin ...