Norway’s DNO to Increase Activity in Kurdistan
Norwegian oil and gas operator DNO announced on April 26 that it intends to expand and accelerate operations in Kurdistan, northern Iraq.
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 ...
Iraq has postponed its bidding session for 11 new blocks until April 25, the bidding round was originally planned to take place on April 15.
Baker Hughes and General Electric signed a contract with the Iraqi government to process natural gas extracted alongside crude oil at the Nassiriya and Al-Gharraf oilfields in southern Iraq.
Egypt will receive its second crude oil shipment from Iraq in two weeks, an official at the Egyptian General Petroleum Corporation has said.
In accordance with the OPEC, non-OPEC agreement, spearheaded by Russia and agreed in early 2017 to cut supply and boost prices, Iraq is currently producing 4.4 million barrels per day (mb/d).
Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.
Iraq exported 3.453 million barrels per day (mb/d) of crude oil from its southern ports in March, a slight increase from the numbers for February, which marked the third month in a downward trend.