Iraq | Egypt Oil & Gas - Part 70

Iraq approves Hormuz oil exports contingency plan

Iraq has approved a plan to expand its oil export routes by adding capacity from its northern fields and building a pipeline to ship oil from southern fields to Ceyhan in Turkey, a government spokesman said. The conti...

Gazprom Neft starts work on third well at the Badra field in Iraq

Gazprom Neft has started work to reactivate well Bd1 at Badra, Iraq, where it is operator. The work will make it possible to determine the technical state of the well and subsequently test four productive stratas at t...

French Total seeks business in Iraqi Kurdistan: chief

French oil giant Total is in talks to tap opportunities to invest in autonomous Iraqi Kurdistan, its chief said Tuesday as Baghdad insists contracts should go through the central government. “Kurdistan is part o...

ABB wins contract from Shell to build power plant in Iraq

ABB, the leading power and automation technology group, has won a $60 million contract from Shell Gas Iraq B.V. to build a new power plant in southern Iraq. The power plant will be operated by the Basrah Gas Company, ...

Iraq starts oil exports from new floating facility

Iraq began loading oil from a long-awaited new floating Single Point Mooring (SPM) platform in the Gulf on Thursday, two sources at the state-owned South Oil Company said, in a breakthrough that could substantially bo...

Heritage spuds Kurdish wildcat

Jersey-based Heritage Oil has spudded the Miran East-1 exploration well on Miran Block in the Kurdistan region of Iraq. The well is being drilled to a target depth of 4000 metres to investigate the exploration potenti...

Iraq cuts oil exports to Jordan by almost half

Iraq’s crude oil exports to Jordan have dropped to 6,000 barrels per day (bpd), an official said. Director general for State Oil Marketing Organization (SOMO) Fallah Jasem al-Ameri said that instead of 10,000 bp...

Petrofac Awarded US$330 Million Project in Iraq

Petrofac, the international oil & gas service provider, has been awarded a US$330 million lump-sum engineering, procurement and construction (EPC) contract by Gazprom Neft Badra B.V. (‘Gazprom’) for the first phas...

Total will shift focus from Iraq to Kurdistan

Total S.A. has become the latest big oil company to shift the focus of its Iraq ambitions toward semi-autonomous Kurdistan. After finding Baghdad contracts economically challenging, the French company will not take pa...

Iraq-Turkey oil exports resume after blast

Iraq has resumed oil exports via an undamaged pipeline to Turkey after they were cut by an explosion in the country’s northern neighbour, officials said on Monday. About a quarter of Iraqi oil exports are routed...

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