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Development News in Iraq

Iraq Ministry of Oil Modifies the Contract of Developing Seeba Gas Field
5/21/2017 - The ministry of oil "represented by the Basrah oil company" signed on an additional modification on the contract with the awarded companies to develop the Seeba gas field in Basrah governorate in the ...
Iraq Minister of Oil Meets with Algerian Minister of Energy
5/11/2017 - Mr. Jabbar Ali Hussain Al-Luiebi the minister of oil praised the historic relations between the Iraqi & Algerian people. Mr. Al-Luiebi met with the Algerian minister of energy Mr. Nooraldeen Botarfa i...
Iraq Begins Final Expansion Phase at Halfaya Oil Field
4/25/2017 - Iraq has launched the third and final phase of work to expand its southern Halfaya oil field, aiming to double its output capacity in 2018 to 400,000 barrels per day, a state-run oil company said. ...
Iraq's Talks with Exxon to Develop New Southern Fields in Progress
3/15/2017 - Iraq's talks with U.S. oil major Exxon Mobil Corp to develop two small southern oilfields are progressing well, the head of state-run South Oil Co. said. ...
Genel Energy Provides Update on Miran and Bina Bawi Fields
2/13/2017 - Genel Energy plc has finalised documentation of previously agreed terms of Amended and Restated Production Sharing Contracts (‘PSC’s) and Gas Lifting Agreements (‘GLA’s) for both the Miran and Bina Ba...
SOC Rehabilitates Khor Al-Omaia Oil Port
1/26/2017 - The South Oil Company (SOC) started the development operations and extension of Khor Al-Omaia oil field in the south of Iraq by the cooperation with the ministry of transportation. ...
Iraq Invites Sonangol Company to Resume Work at Retaken Oil Fields
1/11/2017 - Mr. Jabbar A. Allibi the minister of oil invited Sonangol Angolan Company to resume their work in developing Kayara & Najma oil fields in Nineveh governorate. ...
Iraq Offers Oil Fields Under New Contract Terms
10/24/2016 - Iraq's oil ministry has launched a new round of bidding to develop 12 small to medium-sized oil fields and will directly negotiate terms with oil companies as it seeks to move away from the service-ba...
Iraq Ministry of Oil Signs an Agreement to Develop Zubair Oil Field
10/4/2016 - The ministry of oil signed an associated operation agreement contract to develop the Zubair oil field, between the South Oil Company (SOC) and the consortium of Eni Italian Company & Kogas Korean Comp...
Iraq Seeks Exxon, Petrochina Help to Develop Two Oil Fields
7/27/2016 - Iraq is negotiating with Exxon Mobil Corp. and Petrochina Co. to develop two oil fields in the south of the country as it seeks to maintain overall production at about 4.8 million barrels a day for th...
WesternZagros Receives Approval for Garmian Field Development Plan
5/31/2016 - WesternZagros Resources Ltd. announces the approval of the Garmian Block Field Development Plan ("FDP") from the Kurdistan Regional Government ("KRG") and the submission of the Kurdamir Block FDP. Bot...
Genel Energy Provides Tawke Field Reserves Update
3/18/2016 - Genel Energy plc notes that DNO ASA, as operator of the Tawke field (Genel 25% working interest), has published updated estimates of Tawke field reserves. The timing of DNO ASA’s reserves update is in...
The Prime Minister of Iraq Met Eni's CEO
2/10/2016 - The Prime Minister of Iraq, Haydar al-Abadi, met in Rome Eni’s Chief Executive Officer, Claudio Descalzi. The meeting took place in Palazzo Chigi, home of the Italian Government, in the margin of the ...
Genel to Resume Oil Drilling in Iraqi Kurdistan
2/9/2016 - Genel Energy (GENL.L), one of a handful of foreign oil producers in Iraqi Kurdistan, will resume drilling work at its Taq Taq oilfield in the coming weeks to ramp up production, its chief financial of...
Iraq Shaping New Oil Production Plans
12/30/2015 - Iraq is developing a new strategy for its southern oil fields in relation to the ongoing Common Sea Water Supply Facility project, which opened bidding for completion last year. ...
Approval of Sarsang Development Plan in Kurdistan
11/17/2015 - The Kurdistan Regional Government of Iraq (KRG) formally approved the Field Development Plan (FDP) for the Swara Tika discovery in the Sarsang Production Sharing Contract (PSC). ...
Shewashan-2 Development Well Spudded
10/26/2015 - Range Energy Resources Inc. announces that, on October 8, 2015, Gas Plus Khalakan (“GPK”), the sole contractor of the Khalakan Block in the Kurdistan Region of Iraq, issued a press release stating tha...
Iraq Oil Minister Meets with the Russian Producers
Iraq Oil Minister Meets with the Russian Producers 4/27/2015 - Mr. Adil Abd Al-Mahdi the minister of oil met in Thursday the 23th of April with the head of the Russian oil & gas producers and discussed with him about many common concern issues. ...
Exxon in Talks with Iraq over Oil Agreements
3/4/2015 - Exxon Mobil Corp is in discussions with the government of Iraq to restructure oil agreements in a way that would help that country meet its near-term cash needs, Chief Executive Officer Rex Tillerson ...
CPP, NAWAH Strike Agreement Aimed at Iraq Market
2/9/2015 - Pipeline engineering and construction leader China Petroleum Pipeline, along with distributor and logistics service provider North America Western Asia Holdings, today announced that the two companies...

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