Iraq | Egypt Oil & Gas - Part 52
Dana Gas Records 50% Profit Decline in Q1
Abu Dhabi-listed company Dana Gas, which produces natural gas in Egypt and Iraq, reported a 50% decline in profit in Q1 as sales slumped due to lower hydrocarbon prices and 12% output fall.
Iraq, GE Sign Agreement to Boost Power Resources
Iraq’s Oil Ministry said it had signed a long-term “strategic framework agreement” with General Electric which comprised several projects to boost national power resources.
Iraq Oil Export Increased to 3.5mb/d in April
Oil fell as rising exports from Iraq underlined the global oversupply situation over an increase from Iraq's southern ports of an average of almost 3.5mb/d in April, an official from the state-run South Oil Company said.
Iraq Marks First Historical Natural Gas Export
Iraq exported the first shipment of 10,000cm of natural gas in its history in March, which marks a key development for the OPEC member struggling to feed its cash-strapped economy amid an expensive fight against the ...
Egypt to Take Part in Oil and Gas Projects with Iraq
The Ministry of Petroleum seeks to expand its foreign activities through oil and gas production in Iraq.
Eni Opens Three New Plants in Iraq’s Zubair Field
Italian energy company Eni has opened three new plants for oil, gas, and water treatment in the Zubair oil and gas field in Southern Iraq. Iraq’s Oil Exports Fall Below Planned Levels in February
Iraq’s Oil Ministry stated that its crude exports declined to an average of 3.225mb/d in February, far below levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic ... Iraq’s Basrah Gas Company Doubles Gas Production
Iraq’s Basrah Gas Company (BGC) doubled the amount of gas that was processed from three flaring oilfields in Iraq since it started operating in 2013, in attempt to further increase its production rates.
