UnaE&C Iraq, an engineering and construction subsidiary of Unaoil Group, has been awarded a contract for the rehabilitation of two compressor stations at Iraq’s West Qurna oil field by Basra Gas Company (BGC).
Gulf Keystone Petroleum Ltd said it had received further payments on recent contracts, helping prop up its cash position, and continued to progress towards a regular payment cycle for the oil it produces.
Turkey does not envisage a new pipeline being built for Kurdish oil from Iraq until an existing pipeline between Kirkuk the Turkish Mediterranean port of Ceyhan is working at capacity, Energy Minister Taner Yildiz sa ...
Iraq increased its July official selling price (OSP) for Basra Light crude to Asia as expected, but a steeper than expected hike for Basra Heavy could weigh on the new grade.