Iraq | Egypt Oil & Gas - Part 41

Egyptian, Iraqi Oil Relations Ongoing

Egypt announced that the oil and gas relations with Iraq face no obstacles that could delay the agreement with the Iraqi side to send 2bb/m of crude.

Iraq to Triple Natural Gas Production

Iraq's production will have a triple increase to be 1.7bcf/d of natural gas.

Iraq, Jordan Agree on Oil Pipeline Project

Iraq and Jordan agreed on the development of a $5.6b oil pipeline. The project's preparations and procedures are expected to be completed within the next two months.

Iraq Inaugurates Dhi Qar Oil Company

The Iraqi Oil Minister, Jabbar Al-Luiebi, officially opened late March the Dhi Qar Oil Company, which will focus on operations work at the Dhi Qar province.

Southern Iraq Exports 3.163mb/d of Oil in March

Iraq’s March production has been reduced by more than its share of 210,000b/d from its southern fields, while northern production has been reduced by around 30,000-40,000b/d so far in March from February.

Iran, Iraq to Lead Middle East Oil Growth

The research consultancy Rystad Energy indicated that the oil field development in Iran and Iraq is expected to drive the largest production growth in the Middle East over the next four years.

Iraq Discloses Details on New Basra Refinery Project

The execution of the 300,000b/d refinery project in Basra’s Faw (Fao) is according to the methods of build–operate–transfer (BOT) or build–own–operate–transfer (BOOT), as well as to the investment law of the refineri ...

Iran Starts Pumping 15,000b/d at Azar Oilfield

Iran began pumping 15,000b/d of crude oil from Azar oilfield, which it shares with Iraq. Azar development project is aimed at production of 65,000b/d of crude oil.

Iraq, Angola to Extend OPEC Production Cuts

Iraq and Angola are willing to extend OPEC's production cuts during the second half of 2017 as the global rally in prices shows signs of stalling.

Lukoil Targets New Projects in the Middle East

Russian oil giant Lukoil is targeting new projects in the United Arab Emirated (UAE), Iran, Oman and Kuwait as it plans to expand its operations in the Middle East.

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