Tribes Clash Close to Basra’s Oil Fields

• Tuesday, 12th September 2017
• by Egypt Oil & Gas

Tribal clashes in Iraq’s oil-rich Basra region are beginning to impact oil operations.

ExxonMobil looks to exit West Qurna

• Wednesday, 7th November 2012
• by Egypt Oil & Gas

Iraqi officials claim ExxonMobil has told the government it wants to sell its share in the West Qurna-1 oilfield, the first official confirmation the US giant is looking to pull out of the project in southern Iraq.

Statoil eyes Kurdistan entry

• Sunday, 27th May 2012
• by Egypt Oil & Gas

Statoil is looking at possible opportunities in Kurdistan as the Norwegian state oil company prepares to pull the plug on its participation in the West Qurna 2 project in Iraq, its exploration chief has revealed.

Iraq West Qurna 2 output seen at 500,000 bpd in 2014

• Thursday, 26th April 2012
• by Egypt Oil & Gas

Production at Iraq's West Qurna Phase-2 oilfield is expected to hit 500,000 barrels per day (bpd) in 2014, Iraq's oil minister said on Wednesday, as drilling of the first oil well began.

Iraq, Lukoil Award $998M West Qurna Deal to Samsung

• Thursday, 26th January 2012
• by Egypt Oil & Gas

Iraq and Russia's OAO Lukoil Holding have awarded a $998 million deal to south Korea's Samsung Group to develop the supergiant West Qurna phase 2 oil field, the Iraqi government said in a statement Wednesday.