Iraq | Egypt Oil & Gas - Part 58

Saudi Arabia Spearheads OPEC Oil Boom as U.S. Shale Slows Down

Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency ...

Petrojet Wins $185m Contract for Iraq Gas Project

Egypt’s state-owned Petrojet has been awarded a $185m contract to build the first gas-processing plant for Iraq’s Siba oilfield, operated by Kuwait Energy, reported Amwal al Ghad.

Iran Plans to Export Gas to Both Iraq and Kuwait

A high-ranking Iranian gas industry official says the Islamic Republic is ready to export natural gas to Kuwait via a pipeline, which is being built to transfer Iran's gas to its western neighbor, Iraq.

Japanese Company Hired to Refurbish Iraqi Power Plants

Mitsubishi Hitachi Power Systems (MHPS) has received an order from the Ministry of Electricity of Iraq for refurbishment of a 200MW unit (Unit 4) at the Hartha Thermal Power Station.

Foreign Oil Companies Weighing Up Post-Sanction Iran Prospects

Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.

Genel Issuing Bonds to Keep Kurdish Projects Afloat

Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond

Prices, Laws and Inconclusive Results Drive Oil Firms Away from Kurdistan

In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess a ...

Gazprom Conducting Seismic Surveys in North Iraq

Gazprom Neft Middle East, the operator of Gazprom Neft’s projects in Iraqi Kurdistan, is to conduct a 2D seismic survey on the south-eastern section of the Halabja block.

China to Bolster Iraq Relations, Help Rebuild Country

During Baghdad visit, Chinese Councilor says China willing to cooperate with Iraq in all areas.

MoU between Egypt and Jordan for Cooperation in Natural Gas

In a press release the Ministry of Petroleum announced the signing of a Memorandum of Understanding (MoU) on oil & gas sector cooperation between the EGAS and the Jordanian-Egyptian FAJR Company.

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