Iraq | Egypt Oil & Gas - Part 7

Iraq Seeks Negotiation with OPEC+ If Cuts Extended 

Iraq’s Member of the Parliamentary Oil and Energy Committee, Ghalib Muhammad, is seeking to negotiate with the Organization for Petroleum Exporting Countries and its allies (OPEC+) a reduction in Iraq’s percentage ...

Iraq, Saudi Keen on Future Energy Projects

Iraq’s Minister of Oil, Ihssan Abdul-Jabar, confirmed on November 8 that the Kingdom of Saudi Arabia and Iraq are keen to strengthen energy ties with regard to gas and electricity projects.

Iraq to Produce a New Grade of Crude Oil

Iraq’s state-run Oil Marketing Company (SOMO) has announced its intentions to launch a third strain of crude oil export-grade called Basra Medium.

Iraq Oil Exports in October Rise by 9% MoM

Iraq, OPEC’s third-largest oil producing nation, increased its exports to 2.876 million barrels per day (mmbbl/d) in October up from 2.613 mmbbl/d in the previous month.

Egypt, Iraq Sign Energy cooperation MoU

Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a memorandum of understanding (MoU) with his Iraqi counterpart, Ihsan Abdul Jabbar.

Total Considers Natural Gas Investments in Iraq

French international oil and gas company, Total SE, is considering investing in Iraq’s natural gas sector as the Iraqi government met with Total.

Lukoil Seeks to Inaugurate New Oilfield Projects in Iraq

Russia’s state-run oil company, Lukoil PJSC, is looking to set up new oilfield projects in Iraq despite OPEC+ production cuts and a slump in oil demand.

Iraq Discusses Natural Gas Opportunities With BP 

The Iraqi Oil Minister, Ihsan Abdul-Jabbar Ismail, stressed on 13 October the importance of expediting plans for gas investment associated with oil operations in Al-Rumaila oil field.

Iraq Could Generate 3.5 GW by Capturing 40% of Gas Flaring

Joe Anis, CEO at GE Gas Power Iraq, asserts that Iraq could generate over 3.5 gigawatts of power by capturing 40% of associated gas that is currently burned.

Iraq Asks KRG to Cut Production by 120,000 bbl/d

Iraq’s federal government has requested that the Kurdistan Regional Government (KRG) cut its oil production by 120,000 barrels per day (bbl/d).

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