Tag Archives | Gazprom

Gazprom, Luaibi discuss Badra Oil Project

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Jabbar al-Luaibi, Minister of Oil of the Republic of Iraq, took place in St. Petersburg today. The parties discussed the Badra project, which is implemented in Iraq by Gazprom Neft. Currently, the Badra field produces as much as 77,000 barrels of oil per day. Gazprom Neft continues to […]

Barzani meets Gazprom Neft head in Russia

By John Lee. KRG Prime Minister Nechirvan Barzani and his accompanying delegation have met with the head of Gazprom Neft, Alexander Dukov, in St Petersburg.  Dukov briefed the Prime Minister about the company’s work and activites of the region, while Barzani thanked him for his support for the region in difficult times. (Source: KRG)

WesternZagros Announces 42% Production Increase at Sarqala-1

WesternZagros Resources has announced that the operator, Gazprom Neft Middle East B.V. (“Gazprom Neft”), has successfully performed an acid stimulation on the Sarqala-1 well located on the Garmian Block in the Kurdistan Region of Iraq in order to increase the well productivity. The acid stimulation was completed on March 31, 2017 and Sarqala-1 is currently […]

Five-millionth tonne of Oil Produced at Badra

Gazprom Neft Badra, a subsidiary of Russia’s Gazprom Neft, has produced the five-millionth tonne of oil at its Badra oil field. Thanks to the application of cutting-edge production and transportation technologies, this outcome has been achieved in just over two and a half years’ of commercial production. Total cumulative oil production since the start of […]

Gazprom Commissions three New Wells at Badra

Gazprom Neft Badra — a subsidiary of Russia’s Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is running at 23,000 barrels per day, with daily production at the field totalling 77,000 barrels. All three wells are operating under […]

Oil Minister meets with Gazprom Boss

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] met with the CEO of Gazprom, Alexander Dukov, and his entourage and discussed with him mutual cooperation and the development of the oil industry in Iraq. The minister said it is necessary to increase oil and gas production at Badra oil field, and praised the […]

WesternZagros Announces Results

By John Lee. WesternZagros Resources has announced its operating and financial results for the second quarter ended June 30, 2016. Commenting on the second quarter results and subsequent events, WesternZagros’s Chief Executive Officer Simon Hatfield said: “A significant key milestone was reached with the approval of the Garmian Field Development Plan confirming the commercial potential […]

10th Production Well Commissioned at Badra Oil Field

Russia’s Gazprom Neft has commissioned its 10th production well (P-07) at the Badra oil field. Together with the other wells at the field, the P-07 well is in free-flow production. With production volumes at the newly launched well now at 6,527 barrels per day, its commissioning has allowed daily production levels at the field to […]

KRG, Russia discuss Cooperation in Energy Field

On the sidelines of the SPIEF’16 – St. Petersburg International Economic Forum, Kurdistan Region Prime Minister Nechirvan Barzani and his delegation met Mr. Alexander Novak, Russian Minister of Energy. Minister Novka welcomed the participation of Prime Minister Barzani and his delegation at St. Petersburg International Economic Forum, stressing the need to further develop the old […]

Badra to hit 115,000 bpd in 2017

By John Lee. The First Deputy Chief Executive Officer of Russia’s Gazprom Neft has said that the company plans to boost oil production at Iraq’s Badra oil field from 65,000 barrels per day at present to 115,000 bpd “in the next year“. Vadim Yakovlev told the St. Petersburg International Economic Forum (SPIEF) on Thursday that […]

Badra Oilfield to Increase Production

By John Lee. The senior deputy minister for oil has said that production at the Badra oilfield in Wasit province will reach 65,000 bpd by the end of this year. Fayadh H. Niema made the announcement during his inspection visit to two oil and gas treatment units at the field. Assim Jihad, spokesman for the […]