Archive | Iraq Oil & Gas News

Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.

DNO Sees Fourth Quarter Flow Drop

Norwegian oil producer DNO’s fourth-quarter net entitlement production from Yemen showed a small drop in the fourth quarter, and total production fell heavily due to the halt in Iraqi exports. DNO’s fourth quarter NI production from Yemen, which best reflects DNO’s actual share of the output; fell to 4738 from 4987 bpd in the third […]

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Final Contract for Qurna Oilfield with Exxon, Shell to Be Signed

The Iraqi Ministry of Oil on Monday will sign the final contract with a consortium led by Exxon Mobil Corp and Royal Dutch Shell, under which the firms will be allowed to develop the West Qurna-1 field in southern Iraq. “The contract aims to increase the field’s production to 2.325 million barrels per day (bpd),” […]

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