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Tenaris Opens New Service Center in Basra
Posted on March 27, 2012 | No CommentsTenaris has established a service center in Basra as the next step in its commitment to the Iraqi oil and gas market’s development, which began with the supply of tubular... -
Major New Oil Discovery in Iraqi Kurdistan
Posted on March 27, 2012 | No CommentsWesternZagros Resources has made a major oil discovery in the Oligocene reservoir at the Kurdamir-2 exploration well in the Kurdistan Region of Iraq. The Kurdamir-2 well has reached the intermediate... -
Iraq, Samsung Engineering ink $1bn oil deal
Posted on March 27, 2012 | No CommentsIraq signed a $1 billion oilfield service contract with South Korea’s Samsung Engineering for its West Qurna Phase Two oil field. The deal is part of an initial development plan... -
Operations resume at new Iraq oil export terminal
Posted on March 27, 2012 | No CommentsIraq’s new offshore oil export terminal resumed operations and loading late on Thursday, sources at the state-owned South Oil Co. said. The terminal started working at 7.30 p.m. (1630 GMT)... -
Jordan, Iraq nearing gas deal
Posted on March 27, 2012 | No CommentsJordanian and Iraqi energy officials have entered advanced talks over a natural gas deal that would provide the Kingdom with an alternative energy source within five years. According to Minister... -
Iraq says Exxon Mobil freezes Kurdistan deal
Posted on March 20, 2012 | No CommentsIraq’s government has received a letter from Exxon Mobil Corp (XOM.N) saying the U.S. oil major had frozen its deal with the country’s semi-autonomous Kurdistan region, Iraq’s oil minister Abdul... -
Iraq moves to diversify oil export options from Hormuz
Posted on March 20, 2012 | No CommentsThe plans, recommended by the cabinet’s energy and economics committees, include efforts to ramp up exports along a pipeline to Turkey, increase the amount of oil transported by road, and... -
Iraq Starts Oil Exports From New Floating Terminal – Official
Posted on March 13, 2012 | No CommentsIraq has started crude oil exports from a new floating terminal at a rate ranging between 240,000-600,000 barrels a day, a senior Iraqi oil official said Friday. The official, who... -
Shell eyes power plant for Iraq South Gas Project
Posted on March 13, 2012 | No CommentsShell Gas Iraq BV has let a $60 million contract to ABB, Zurich, for a power plant in southern Iraq that will deliver electricity to gas processing facilities as part... -
Iraq rises as Opec’s balance of power shifts
Posted on March 13, 2012 | No CommentsThe two nations have clashed over their output quotas at Opec meetings since the 1980s, while on the battlefield they fought a ruinous eight-year war. Now Iraq is poised to...