Iraq


All posts for Iraq

Petrofac Secures US$160 Million Award From Basra Oil Company

Petrofac's Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).  The new two-year extension reflects Petrofac's continued delivery foc ...

OilVoice Press - OilVoice


Posted 10 hours agoPress > PetrofacBOCBasra Oil Company +4

KCA Deutag Secures Land Drilling Contracts for Five Rigs Worth $48m

Leading international drilling and engineering contractor KCA Deutag today announces that its land drilling operation has been awarded new contracts for five rigs with a combined contract value of $48 million. The first of those rigs, the T-72 has been awarded a nine month contract in Pakistan for ...

OilVoice Press - OilVoice


Posted 1 month agoPress > KCA DEUTAGPakistanDrilling +3

DNO Flows Peshkabir-3 Well, Reports Strong Third Quarter Results

Oslo, 9 November 2017 - DNO ASA, the Norwegian oil and gas operator, today 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. Nine other oil zones and one gas zone have been identified for testin ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNONorwayWell Update +4

The 5 Countries That Could Push Oil Prices Up

By Nick Cunningham for Oilprice.com Oil prices appear to be stuck in the $50s per barrel, but that doesn't mean there aren't serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopo ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceIraqIran +4

September Unplanned Global Oil Supply Disruptions Fall to Lowest level Since January 2012

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , October 2017 Note: OPEC disruptions include crude oil only; non-OPEC disruptions include crude oil and other liquid fuels. Unplanned global supply disruptions fell to 1.6 million barrels per day (b/d) in September ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > OPECEIAEnergy Information Administration EIA +6

Petrofac Awarded Iraq PMC From PetroChina

Petrofac has been awarded a contract, valued at around US$30 million, to undertake Project Management Consultancy (PMC) services for the Halfaya Contract Area (Halfaya) in southern Iraq. Working in support of PetroChina International Iraq FZE (PetroChina), as the lead operator of Halfaya, Petrofac ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PetrofacIraqPetroChina +3

Baghdad Asks World To Stop Buying Kurdish Oil

By Irina Slav for Oilprice.com A day before an historic vote for independent Kurdistan, the central government of Iraq issued a statement calling on “neighboring countries and countries of the world” to stop buying crude oil directly from the Kurdistan Autonomous Region and only deal with Bagh ...

Oilprice Staff


Posted 2 months agoOpinion > BaghdadIraqKurdistan

A remarkable new book about Middle East oil

‘An excellent, readable introduction to the history and development of oil in the Middle East, following in the footsteps of Daniel Yergin's authoritative study, The Prize . It is a complicated story but Quentin Morton handles it well with engaging, insightful, and humorous details that bring the b ...

Michael Morton


Posted 3 months agoPress > Middle EastSaudi ArabiaIran +8

Nigeria and Libya could be forced to share OPEC output cuts as Saudi placates Iraq

A Saudi bid to shore up Iraqi support for a nine-month extension of an OPEC output deal could see Nigeria and Libya forced to share the burden of cuts. The two countries are currently exempt from self-imposed cuts agreed by the oil cartel as they restore capacity following domestic conflicts. Follo ...

Bayo Okoya - Delta Analytics Lagos


Posted 6 months agoOpinion > OPECSaudi ArabiaIraq +3

Restrata provides new security solution for firms in Basrah

A security system which brings together up-to-the-minute information on key security developments in Iraq and the implications for companies operating in the region will launch this month. Restrata's new web-based portal is set to go live and will serve as a platform to provide reporting and longer ...

Jamie MacDonald


Posted 7 months agoPress > restrataIraqBasrah

U.S. crude oil imports from Saudi Arabia and Iraq recently increased, but may decline soon

Source: U.S. Energy Information Administration, Weekly Preliminary Crude Imports U.S. crude oil imports from Saudi Arabia and Iraq, two of the United States' main sources for imported crude oil, have risen since reaching relatively low points in 2014 and 2015 . On a combined basis, crude ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Saudi ArabiaIraqCrude +1

Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press - OilVoice


Posted 10 months agoLink > Donald TrumpIraq

BP's Rumaila oilfield achieves 3 billion barrel production landmark

Production increased by more than 40% since BP joined partnership to redevelop Rumaila oilfield in 2010 Oil production rate highest in 27 years Around $200 billion generated for the Iraqi economy Production boosted by new technologies, refurbishment of existing assets and one of the largest wat ...

OilVoice Press - OilVoice


Posted 11 months agoPress > BPIraqRumaila

Petrofac secures US$75 million contract with South Oil Company

Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track r ...

OilVoice Press - OilVoice


Posted 1 year agoPress > South Oil CompanyPetrofacICOEEP +1

Blue Sky acquires Sonoro Energy Iraq B.V.

Blue Sky Energy Inc.  (TSX VENTURE:BSI) has acquired from Sonoro Energy International Holdings BV, 100% of the issued and outstanding common shares of Sonoro Energy Iraq B.V. ("Sonoro Iraq"), a company incorporated in the Netherlands and the designated operator and party to several license agreement ...

Katie Woodward - OilVoice


Posted 1 year agoPress > Blue SkyAcquisitionSonoro Energy +2