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.
Iraq | Egypt Oil & Gas - Part 25
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.
Petrofac Wins Iraq Contracts Worth $110M
Petrofac has secured a new contract and multiple contract extensions worth a combined $110 million.
Shell Exits Iraq’s Manjoon Oilfield
Shell has handed over its operations at the Manjoon oilfield in southern Iraq to the state-run Basra Oil Company.
Oil Falls 2% Ahead of OPEC Meeting
Oil prices fell on June 21 as producers prepared to discuss the lifting of production cuts at the biannual OPEC meeting on June 22 in Vienna.
Iran Rules Out Agreement at OPEC Meeting
The Iranian oil minister has stated that a deal on oil output at the June 22 OPEC meeting in Vienna is unlikely, setting the stage for a clash with Russia and Saudi Arabia, who are pushing to curb the current prod ...
