Iraq | Egypt Oil & Gas - Part 54
ISIS Employs Foreign Workers to Keep its Oil Flowing
The Islamic State militant group had employed thousands of workers to keep crude pumping from rudimentary wells captured in the oil fields of Iraq and Syria. Oil revenue is making up nearly half of the group’s profits.
Iraq Seeking Foreign Investments to Increase its Oil Output
Iraq's state-run South Oil Co. (SOC) has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar Integrated South Project to boost infrastructure that will allow to increase output from its sma ...
Iraq to Resume Oil Exports Through Saudi Pipeline
Iraq is seeking to reopen its crude oil pipeline from its southern oilfields through Saudi Arabia to the Red Sea port of Yunbu.
Stirling to Train Kurdish Oil Workers in HSE
UAE-based Stirling Group, the leading provider of health, safety and environmental (HSE) services, has partnered with the EU Iraq Energy Center (EUIEC) to deliver risk management training for the Iraqi oil and gas in ...
Dana Gas Triumphs in Court Case Against Kurdish Government
Shares of Dana Gas jumped about 5% in trade after the British high court upheld an earlier order requiring $100m in payment from the Kurdistan Regional Government (KRG) to Dana's consortium Iraq in $30 a Barrel Price War as Investments Stagnate
Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.
Oil Ministers of Egypt, Jordan, Iraq Sign MoU
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, Jordanian Minister of Petroleum and Mineral Resources, Ibrahim Saif, and the Iraqi Oil Minister, Adel Abdul Mahd, signed a memorandum of understan ...
Oil Companies Call for PSAs, Contract Incentives in Iraq
International oil companies could boost production in Iraq beyond current targets if production contracts were changed to give more incentives for investment, according to BP Plc and Royal Dutch Shell Plc.
