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Development News in Iraq

LUKOIL Signs New Development Plan for West Qurna-2 Field
5/11/2018 - LUKOIL and the Basra Oil Company signed a Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels per day. According to the Plan, the oil production ...
Iraq, BP Sign Kirkuk Oilfield Development Contract
5/7/2018 - Iraq’s state-run North Oil Company signed an agreement with BP to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibi said. The agreement was signed in the s...
Iraq Awards 6 Exploration Blocks for Rehabilitation & Development
4/29/2018 - Mr. Jabbar Ali Al-Luiebi the minister of oil confirmed on the keenness of the ministry of oil to rehabilitate and develop the exploration blocks to raise the oil reserves. ...
DNO Expands and Accelerates Kurdistan Operations
4/26/2018 - DNO ASA, the Norwegian oil and gas operator, announced expansion and acceleration of operations in the Kurdistan region of Iraq while building up its North Sea exposure. First quarter revenues, the hi...
Iraq Signs $118M Two Contracts to Operate & Maintain Majnoon Oil Field
4/26/2018 - By the presence of the minister of oil and within the plan of the ministry of oil to develop the production operations in Majnoon oil field… Basrah Oil Company signed two contracts with Anton Chinese ...
Anton, Petrofac Sign Deal to Operate Iraq's Majnoon Oilfield
4/5/2018 - The Iraqi oil ministry signed a two-year contract with Anton Oilfield Services and Petrofac to operate the giant Majnoon oilfield, two oil executives said. ...
Iraq Ministry of Oil Declares Qualified Companies to Develop 9 Blocks
1/14/2018 - The petroleum contracts & licensing directorate of the ministry of oil declared the qualification of 5 different international companies, from 8 companies. The companies have presented for the qualifi...
Iraq Ministry of Oil Signs Contract to Develop the East Baghdad Oil Field
12/27/2017 - In the presence of the minister of oil, the ministry of oil signed the initial form of the contract to develop the (East Baghdad field- The southern part) with Jinhua Chinese Company. ...
Genel Energy Finds More Oil in Taq Taq Field
12/4/2017 - Genel Energy plc has announced an update on activity at the Taq Taq field (Genel 44% working interest). The TT-29w well, which was drilled to appraise the northern flank of the Taq Taq field, has been...
DNO Provides Update on Tawke PSC
11/9/2017 - DNO ASA, the Norwegian oil and gas operator, announced flow rates of more than 3,000 barrels of oil per day (bopd) from the first zone tested in the Peshkabir-3 well in the Kurdistan region of Iraq. N...
Iraq May Offer Total, Chevron Terms Different from Shell for Majnoon Field
10/21/2017 - Iraq may offer Chevron and Total terms to develop the Majnoon oilfield different from those it had given to Royal Dutch Shell, Iraqi Oil Minister Jabar al-Luaibi said. ...
Iraq Invites BP to Develop Kirkuk Oil Fields
10/19/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil invited BP British Company to speed-up putting the plans to develop the oil fields of Kirkuk governorate. ...
Chevron, Total Interested in Majnoon Oilfield
10/9/2017 - Iraqi oil minister Jabar al-Luaibi said that Chevron and Total are among the companies that have expressed interest in developing the Majnoon oilfield that Shell has said it wants to leave. ...
Iraq's Talks with Exxon on Southern Oilfields in Final Stages
10/9/2017 - Iraq’s talks with Exxon Mobil to develop a multi-billion-dollar project to boost output from several southern oilfields are nearing completion, oil minister Jabar al-Luaibi said. Talks are in advanced...
Range Energy Gives Shewashan Operations Update
9/20/2017 - Range Energy Resources Inc. announced that, Gas Plus Khalakan (“GPK”), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan fiel...
Lukoil President Discusses Development of Joint Projects with the Iraqi Oil Minister
8/31/2017 - Today, Vagit Alekperov, PJSC LUKOIL President and CEO, and Jabbar Ali Hussein Al-Luiabi, the Oil Minister of Iraq, held a meeting in Moscow. The parties discussed the development of the Company's proj...
Sonangol to Return to Qayara and Najma Oil Fields in Iraq
8/30/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Santos Edison the CEO of Sonangol Angolan company, and his entourage and discussed with him about the bilateral cooperation. ...
Iraq Launches the 3rd Well in Sindbad Borderline Field
7/23/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil attended the celebration of launching the 3rd oil well, and inspected the drilling operations in the 4th oil well in Basrah. Mr. Al-Luiebi confirme...
Iraq Launches the 3rd Well in Sindbad Borderline Field in Basrah
7/20/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil attended the celebration of launching the 3rd oil well in Basrah, and confirmed on the keenness of the ministry of oil to develop all the borderlin...
Iraq Offers 9 Exploratory Borderline Areas for Development & Rehabilitation
7/13/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared the launching of the exploration & rehabilitation projects for (9) exploration blocks and the borderline onshore & offshore oil fields in ...

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