BP Pledges Oil, Gas Investments in the Middle East

• Sunday, 29th November 2020
• by Editorial Team

BP has affirmed it will continue it will invest more money into to leading oil and natural-gas fields in the Middle East despite the company’s transition to renewable energy and tries to lower emissions, according to ...

Kuwait, Iraq to Study the Development of Shared Oil Fields

• Sunday, 26th August 2018
• by Editorial Team

Kuwait and Iraq plan to appoint consultants to study the development of shared oil fields, as a solution to long-standing tensions over cross border oilfields, Reuters reported. Kuwaiti oil minister Bakhit al-Rashidi ...

Iraq to Increase Production from Rumaila

• Wednesday, 29th November 2017
• by Editorial Team

Iraq aims to increase production at the Rumaila oilfield by 50,000 barrels per day (b/d) in 2018, an official at the field told Reuters. The oilfield currently produces 1.45 million b/d, the official said, which will ...

Egypt, Jordan, Iraq Affirmed Joint Oil, Gas Pipeline Projects

• Thursday, 10th March 2016
• by Egypt Oil & Gas

Egyptian, Jordanian, and Iraqi Oil Ministers affirmed their countries’ commitments to pursue oil- and gas-related projects that had been previously agreed through a Memorandum of Understanding signed in mid-Nove...

Rumaila Exceeds 10% Improved Production Target

• Wednesday, 12th January 2011
• by Egypt Oil & Gas

The Rumaila Operating Organisation (ROO) has met a major milestone in the re-development of the super-giant field in Southern Iraq by increasing production by more than 10 per cent above the 1.066 million barrels a da...