Iraq | Egypt Oil & Gas - Part 60

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

Kuwait Winning Crude Exploration Rights in Pakistan, Iraq

Kuwait Foreign Petroleum Exploration Company K.S.C. (KUFPEC) signed an exploration license and petroleum concession agreement with Pakistan, with the South Asian state awarding the Kuwaiti firm exploration rights in ...

Egypt’s EGPC to Invest for First Time Outside Country in Iraq/Kuwait Deal

Egypt's state oil company signed an agreement to join Kuwait Energy in developing an oil field in southern Iraq, the company's first foray into upstream work outside of Egypt, the Egyptian oil minister said on Sunday.

War-Torn Iraq Suffers Low Prices, Oil Debt and Turkish Swap

Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC's second-largest producer.

Page 60 of 68

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