Iraq to Sign 6 Development Contracts
Iraq will sign development contracts on June 2 and 3 for six blocks awarded during the last licensing round.
Iraq will sign development contracts on June 2 and 3 for six blocks awarded during the last licensing round.
Independent oil and gas company Kuwait Oil is considering selling all or part of its Block 9 asset in southern Iraq, and has hired investment bank Perella Weinberg Partners (PWP) to advise on the matter.
Russia's Lukoil, in conjunction with local state-run Basra Oil Company, aims to double production from the West Qurna-2 oil field in Iraq to 800,000 barrels per day (b/d) by 2025.
Iraq has increased the production of its Zubair field by 50,000 b/d to reach 475,000 b/d.
Iraqi officials have set June 14 as the deadline for investors to bid for the 100,000 b/d Kut refinery.
The Iraqi government has failed to obtain investment from top international oil companies to invest during an exploration and development auction held for blocks near the borders of Iran, Kuwait and in offshore Gu ...
Norwegian oil and gas operator DNO announced on April 26 that it intends to expand and accelerate operations in Kurdistan, northern Iraq.
Iraq has awarded the Khashim Ahmer-Injana block and the Gilabat-Qumar block to UAE-based Crescent Petroleum.
Iraq’s oil exports rose 11.5% in the year to March 2018.
Basra Light crude imports to the Louisiana Offshore Oil Port (LOOP) have risen by more than 4.4 million barrels so far in April versus the same period in March, according to data from Platts Analytics and US Custo ...