Iraq, China Joint Venture Deal by November
Iraq’s state oil marketer SOMO is closing in on a deal with China’s state-run Zhenhua Oil for a joint venture to help boost Iraqi oil sales to China, the world’s top oil importer.
Iraq | Egypt Oil & Gas - Part 24
Kuwait, Iraq to Study the Development of Shared Oil Fields
Kuwait and Iraq plan to appoint consultants to study the development of shared oil fields, as a solution to long-standing tensions over cross border oilfields.
Iraq, Petrofac Sign $369 M Agreement for Crude Processing Plant
Iraq has signed a deal with Petrofac worth $369 million for the construction of a new crude-processing plant in the giant Majnoon oilfield.
Baker Hughes Wins Iraqi Gas Flare Contract
Iraq South Gas Company (SGC) has awarded a contract to Baker Hughes a contract for fast-track solutions to help the recovery of flared gases in Nassiriya and Al Gharraf oilfields.
Iraq to Raise Oil Production to 7.5 M b/d by 2024: Oil Minister
Iraq oil minister Jabar al-Luaibi stated that Iraq plans to raise oil production to more than 7.5 million barrels per day (b/d) by 2023-2024.
Siemens Wins Iraq Power Plant Contract
Siemens has been contracted to upgrade one of Iraq’s largest gas-fired power plants.
Iraq to Internally Develop Mansuriyah Gas Field, Nassiriya Oilfield
Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the delay and failure of international oil companies (IOCs) to resume work at the field, as well as developing the Nas ...
DNO Kurdistan Well Comes Online, Beats Output Targets
Norwegian oil and gas operator DNO ASA, announced it had beaten output targets after its fourth well in Iraqi Kurdistan began production.
Saipem Wins $800 M in Contracts
Italian oil and gas contractor Saipem has won contracts worth approximately $800 million in total for engineering and construction in Saudi Arabia, Iraq and other countries.
Kuwait’s Donated Oil Shipment Arrives in Iraq
An oil tanker containing supplies of gas oil donated by the Kuwaiti government arrived in the Iraqi port of Basra on July 23.
