Iraq | Egypt Oil & Gas - Part 59
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.
India Beefing Up Reserves, Refining Iraqi Crude
India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.
Tarek El Molla: EGPC Forging Ahead with Iraq Project
The Egyptian General Petroleum Corporation (EGPC) plans to start crude oil production in South Iraq’s “9” zone by the beginning of 2016. EGPC has a 10% stake of Kuwait Energy in the privileged area.
Lukoil Iraq Production Up Inspite of Oil Price Slump
The Russian company says it received a letter from Iraqi authorities to reduce cost in West Qurna-2 field due to slump in oil prices
