Iraq | Egypt Oil & Gas - Part 41

Petrofac Secures $70m Contract Awards in Iraq

The series of contract awards covers engineering, operations and maintenance services in Iraq.

Oman, Iraq to Sign Storage Deal

Oman will sign a strategic oil storage deal with Iraq to expand trading capacity.

Iraq Mulls Exemption from OPEC Cut Deal

Iraq may seek exemption because it needs its oil income to fight the Islamic State.

Iraq to Build 3 Gas Processing Plants

Iraq will establish three gas processing plants to process the natural gas that is being flared at southern oil fields and use it in power generation.

Egypt to Pay Iraq 90 Days after Oil Shipment Date

Egypt agreed with Iraq to pay for the imported oil after 90 days from shipment date.

GE, MGH Start Commercial Operations of 9F Gas Turbines in Besmaya

GE and Mass Group Holding (MGH) have successfully commenced simple cycle commercial operations of four advanced GE 9F gas turbines under phase I of the Ministry of Electricity’s Baghdad Power Plant in Besmaya.

Egyptian Cabinet Approved Oil Import from Iraq

El Molla announced that the Egyptian Cabinet approved importing 12b/y barrels of oil from Iraq.Egypt will import average of 1mb of Iraqi oil every month.

Iraq to Increase Oil Output

Iraq plans to increase crude oil production to 5mb/d.

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.

Page 41 of 68

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