Iraq | Egypt Oil & Gas - Part 55

Iran to Pursue EOR Contracts Internationally

Press TV quoted Mohammad Keramati, the head of the Iranian Research Institute of Petroleum Industry, as saying that more than 490b barrels of Iran’s oil reserves are not recoverable without the right technologies.

Iraq Investment Rating Daunts International Bond Plans

A source informed Bloomberg that the Iraqi government has mandated Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to organize meetings to help launch the country’s planned $6b international bond program, ...

Hurdles Facing Oil Investors as Iran Braces for Major Field Development

Iranian broker Reza Mostafavi Tabatabaei has warned foreign investors heading towards Iran of the difficulties they may face, speaking from his own personal experience.

Gulf States a Thorny Priority for Iran’s Regional Gas Ambitions

“We are laying the necessary groundwork for gas exports” to the UAE, Kuwait, Bahrain and Oman, announced Managing Director of the National Iranian Gas Exports Company (NIGEC) Ali Reza Kameli

Russian ERIELL to Drill 25 Wells in West Qurna, Iraq

A leading Russian oilfield services group, ERIELL, has just signed a contract with Lukoil Middle East to drill 25 production wells at the West Qurna-2 oilfield

Iran Paves the Way for New Model Contract With $2.2B Deal

In addition to unveiling its new contract model at a conference in London slotted for December, according to Bloomberg Iran has also intends to advertise 45 oil and gas projects to international companies at the said ...

Iraq Hit by Blackouts as Iran Bolsters Electricity Supply

Reuters reported that an explosion targeting the Mirsad electrical line in eastern Iraq disrupted the flow of electricity originating in neighbouring Iran, announced the Iraqi electricity ministry.

Kurds Share Oil Wealth with IOCs to Get Around Baghdad’s Strictures

International oil companies (IOCs) working in Iraqi Kurdistan will now receive monthly payments beginning September for the crude they produce and export,

Iran to Bring $2.5 Bn Worth of Gas Power to Basra, Iraq

Iran is building a natural gas combined cycle power plant in Iraq’s Basra at a cost of $2.5 billion in the Persian country’s biggest engineering services deal yet.

Kurdistan Begins to Bypass Iraq Crude Export Controls

Iraqi Kurds are independently selling oil produced in their region, bypassing the country’s state crude marketer for all exports so far this month, said Safeen Dizayee, a spokesman for the Kurdistan Regional Government.

Page 55 of 67

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