President of Kurdistan region Massoud Barzani ratified on Wednesday the 2010 budget
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Iraq Oil Ministry Says New Government Shall Not Cancel Newly Signed Oil Contracts
Iraq Ministry of Oil said that the upcoming government does not have the right to cancel the oil contracts
Tags: oil contracts
Weatherford to Be Ready for Iraq Fields by July
Weatherford has established nine rigs operating on the ground in Iraq with 1,000 employees.
Tags: recruitment, Weatherford
Iraq Cabinet Approves Naft Al Wassat Company
Iraq Government Spokesman Ali Dabbagh said that the Cabinet approved Ministry of Oil request to establish Naft Al Wassat Company with a capital of 100 billion Iraqi Dinars.
Tags: Naft Al Wassat Company, Oil & Gas
Iraqi-Turkish Conference in Basra
A joint conference was held on Tuesday by the Iraqi businessmen association with the Turkish consulate in Basra to develop commercial relations between the two countries.
Tags: Investment, Turkey
Canadian Firm to Invest in 5,000 Housing Units in Baghdad
A Canadian firm is investing $299 million in 5,000 housing units in Baghdad.
Exxon to Lead Water Injection Project in Iraq
Exxon Mobil has been picked to lead a "multibillion-dollar" water-injection project on behalf of international oil companies that won contracts in southern Iraqi oilfields
CNPC: Rumaila Oilfield Output up 10% by Year-End
A consortium led by China National Petroleum Corp. and U.K. oil major BP PLC plans to increase crude oil production from the field by 10% by the end of this year.
Missan Governor Discusses Investment Cooperation with Turkey
Talks poured over opening an office to implement projects in coordination between Turkish companies and local businesses.
More Power Projects for Iraq’s Basra
The municipal council of the southern Iraqi province of Basra has approved 25 power projects worth $32 million.
Tags: power generation
Iraq Middle Oil Fields Output to Reach 400,000 Bpd
The Ministry of Oil will decouple some directorates from the Ministry and annex the same to Naft Al Wassat Company in order to speed up establishing the company and to decrease the pressure faced by the SOC, MOC.
Tags: Middle Oil Company
Turkey State Owned Oil Company Presents Bids to Develop Iraq Natural Gas Fields
Turkey state Owned Oil Company said that the company intends to offer bids in order to develop Akas, Al Mansouriah and Siba for natural gas in Iraq.