Tag Archives | Italy

Eni eyes New Opportunities in Iraq

By John Lee. Oil Minister Thamir A. Al-Ghadhban met Eni’s CEO Claudio Descalzi on Monday in Baghdad. Eni’s CEO outlined the Company’s current activities in the country in light of the recent achievements of the Zubair field development. Mr. Al-Ghadhban and Mr. Descalzi also discussed future opportunities and development investments that will further strengthen Eni’s […]

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Halliburton Wins New Drilling Contract in Iraq

US-based oil services company Halliburton has today announced it has signed two contracts with Eni Iraq BV to provide integrated drilling services at Eni’s Zubair oilfield in Southern Iraq. Under the contracts, Halliburton will mobilize four to six rigs to drill development wells over the next two years. Mahmoud El-Kady, vice president of the Iraq […]

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Eni CEO meets Iraqi Oil Minister

The oil minister of Iraq, Jabbar Ali Hussein Luaibi, and the Chief Executive Officer of Eni, Claudio Descalzi (pictured) met in Baghdad on Saturday. During the meeting Eni’s CEO had the opportunity to outline the Company’s current activities in the country in light of the recent achievements of the Zubair field development, where the production […]

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Saipem wins contract at West Qurna

By John Lee. Italy’s Saipem has been awarded a contract by ExxonMobil Iraq Limited for the DS6 project for the debottlenecking of the West Qurna field, in the south east of Iraq. Debottlenecking is a process that optimises a plant in order to increase its overall capacity. The works will have a duration of 23 […]

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NIDC Eyes Iraqi Drilling Market

The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders. Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in […]

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BP, Eni “interested in Majnoon Oilfield”

By John Lee. Reuters has reported that both BP and Eni have expressed an interest in developing the giant Majnoon oilfield, which Shell plans to exit next year. Iraqi oil officials told the news agency that Iraq’s Ministry of Oil has not yet started negotiations with either company. BP is currently developing the Rumaila field, […]

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BHGE to supply Generators for Halfaya Oilfield

Baker Hughes, a GE company, has signed an agreement for the provision of turbine generators to PetroChina International Iraq, in the biggest Turbomachinery & Process Solutions (TPS) agreement ever between the two companies.  BHGE will deliver its Frame 6B gas turbine electric generator trains to support power generation for the Halfaya oilfield located in the […]

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Weir wins Maintenance Contract at Zubair Oilfield

Weir Oil & Gas Dubai has reportedly been awarded a contract with Eni Iraq BV to provide global maintenance services for gas compressor units and associated equipment located in the three Initial Production Facilities (IPF) plants in the Zubair oil fields in Southern Iraq. The gas compressor units are comprised of gas engines, gas compressors, […]

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Italy contributes $2.7m to Stabilization in Iraq

The Government of Italy has contributed an additional US$2.7 million (€2.4 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Italy’s total contribution to FFS to almost US$10.6 million (€9.4 million) to date. Based on priorities identified […]

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New Partnership to Revitalise Smallholder Agriculture

In an important step toward financing its first post-war agricultural investment project in Iraq, the UN’s International Fund for Agricultural Development (IFAD) met with a high-level Iraqi delegation in Rome last week. The project will target 20,000 rural households in the poorest southern governorates of Missan, Thi Qar, Qadissiyah and Muthana. The delegation was welcomed […]

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Naval Vessels Delivered after 26-year Delay

By John Lee. Two naval vessels have reportedly been delivered to the Iraqi Navy after a 26-year delay. According to IHS Jane’s Defence Weekly, the Assad-class corvettes were built in Italy by Fincantieri in the 1980s, but were not delivered due to the UN arms embargo on Iraq following its invasion of Kuwait in 1990. […]

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