Iraq | Egypt Oil & Gas - Part 56
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.
Iran’s $2.3 Bn Gas Detour to European Maretplace
Iranian companies signed a $2.3 billion agreement on Monday to build 1,300 kilometers of pipeline which the country sees as its most important conduit for future gas exports to Europe.
