Petrofac Secures $70m Contract Awards in Iraq

• Wednesday, 26th April 2017
• by Editorial Team

Petrofac has secured a series of contract awards worth more than $70m for engineering, operations and maintenance services in Iraq, according to PennEnergy. The company’s Engineering and Production Services’ (EPS) Eas...

Iraq’s Basra Terminal to Stop Operations for 24 Hours

• Tuesday, 7th February 2017
• by Editorial Team

Iraq’s main oil export terminal, off the southern city of Basra, that loads 1.8mb/d of oil, will stop operations for 24 hours, because of work to install a new pipeline feeding the facility, Reuters reported. Ac...

Iraq to Double Its Offshore Terminal Capacity

• Thursday, 26th January 2017
• by Editorial Team

Iraq has started work to double the crude oil loading capacity at one of its two southern offshore oil export terminals to 1.2mb/d, Daily Mail informed. According to state-run South Oil Company’s (SOC), dredging opera...

Iraq Oil Export Increased to 3.5mb/d in April

• Sunday, 10th April 2016
• by Egypt Oil & Gas

Oil fell as rising exports from Iraq underlined the global oversupply situation over an increase from Iraq’s southern ports of an average of almost 3.5mb/d in April, an official from the state-run South Oil Comp...