Iraq | Egypt Oil & Gas - Part 4

Iraq, Foreign Oil Companies Issue Contradictory Statements on Resumption of Kurdish Exports

Eight international oil companies operating in Iraq's semi-autonomous Kurdistan region announced that they would not resume oil exports through Turkey's Ceyhan port on Friday, despite Baghdad's declaration that th ...

bp to Invest Up to $25B in Kirkuk Fields

bp plans to spend between $20 to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields through a profit-sharing agreement that would last more than 25 years, a senior Iraqi oil off ...

Basra Oil Company Signs Deals with Halliburton to Develop Nahr Bin Omar, Sinbad Fields in Iraq

Basra Oil Company (BOC) has signed two agreements with Halliburton to develop the Nahr Bin Omar and Sinbad fields in Iraq. This confidentiality agreement involves Iraq to provide Halliburton with data and discuss ...

Iraq Approves $4.6B Basrah-Haditha Oil Pipeline Project

The Iraqi cabinet has approved a 44.56 billion Basrah-Haditha oil pipeline. The 685 km pipeline will have a capacity of 2.25 million barrels per day (bbl/d).

Iraq’s Fuel Oil Exports to Hit Record Year Following Surge in October Volumes

Iraq's fuel oil exports are poised to achieve all time highs this year, driven by the country’s ramp up shipments in October. This surge comes as domestic demand eased and production rose, according to Reuters.

China’s CNOOC Signs Oil, Gas Contract to Develop Iraq’s Block 7

China's CNOOC has signed an Exploration, Development & Production Contract (EDPC) with Iraq's state-run Midland Oil Company to explore for oil and gas at the Block 7 field in the Middle East nation.

Iraq to Offer New Gas Exploration Licensing Round

Iraq plans to offer 10 gas exploration blocks to international companies in a new licensing round to be revealed during Iraqi Oil Minister’s visit to the US.

Egyptian Oil Companies Encouraged to Deepen Involvement in Iraq

The Iraqi Ambassador to Egypt Qahtan Taha Khalaf has stated that the time is ripe for Egyptian oil companies to boost their role in Iraq, given their valuable experience in executing significant projects. 

bp Signs MoU with Iraq to Explore Redevelopment in Kirkuk Region

bp has signed a memorandum of understanding (MoU) with Iraq to negotiate a material-integrated redevelopment program for the Kirkuk region, including oil and gas investment, power generation, and solar along with ...

Wood Secures $46M Engineering Contract in Iraq

Wood, a global leader in consulting and engineering company, has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq.

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