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.

NGC Announces A New Spares Tender

North Gas Company announces a new spares tender . Offer should be worked out on the basis of CIP Kirkuk, kindly state the following: -Unit Price -Delivery Date & offer validity (90 days) -Include bid bond (1%) of offer value valid for 90 days within technical-envelope otherwise be declined -Country of Origin -Port & country […]

SCOP Announces A New Design & Supply Of Tank Gauging System

The Oil Projects company (SCOP) announces the issuance of a new design & supply of tank gauging system & field instruments for K3 pumping station at Hadith. Tender documents may be collected (by an authorized representative of the tenderer ) at SCOP's headquarter in Baghdad against the payment of  a non-refundable 250 000 (Two hundred fifty thousands). […]

New Automatic In-Line Lube Oil Blending Unit

Midland Refineries Co announces for purchasing of a new automatic in-line oil blending unit of 40 M3/HR Capacity. Technical and commercial offers to be submitted separately by DHL and all the offers that send by email will be refused. Closing Date is 4/7/2011 till 1 o'clock in the afternoon. Please click here to find all the tender's […]

Shell 'Ready to Start' $12.5bn Gas Capture Project

Shell and Mitsubishi are preparing to begin a delayed $12.5 billion natural-gas project in Iraq, according to a report from Bloomberg. Vice president and country chairman Hans Nijkamp said in an interview published on the website of Energy Exchange, organizer of an Iraqi energy conference to be held in Istanbul in September: “Shell and Mitsubishi […]

New Wells at Shell's Majnoon Field

In July, Shell will start installing 15 production wells and pipelines in the Majnoon oilfield in southern Iraq, Vice president and country chairman Hans Nijkamp told the website of Energy Exchange. It will also upgrade two degassing stations and build “a new central processing facility to include two new 50,000 bbl/d capacity early production systems”. […]

UAE's Dodsal to Build $106m Pipeline at Majnoon

Shell and Petronas have awarded Dubai-based Dodsal Group a $106m contract to lay a pipeline at the Majnoon oilfield, an Iraqi oil official said. Reuters reports that under the deal, Dodsal Group will build a 79-km (50-mile) pipeline to carry oil from the supergiant Majnoon oilfield to a crude storage depot near Zubair in southern […]

Lukoil to Explore in Iraq?

Lukoil is interested in seeking exploration licenses in Iraq, according to a report from Bloomberg. The company's Chief Executive Officer, Vagit Alekperov, met Iraq's Oil Minister, Abdul Kareem al-Luaibi [Elaibi], in Moscow on Wednesday. Alekperov and al-Luaibi also discussed the West Qurna-2 project, and development of infrastructure to ship oil from the field. (Source: Bloomberg)

Iraqi Army to Guard Pipelines and Refineries

Iraqi Prime Minister Nuri al-Maliki has ordered the army to increase its protection of the country’s pipelines and refineries. “Any breaches will cause problems at the Dora [Doura, Daura] and Baiji [Bayji] refineries (pictured) and the pipelines feeding the power stations,” Maliki said yesterday during a televised Cabinet meeting on the government’s performance during its […]

DNO Shares Up on Increased Reserves at Tawke

Shares in DNO were up as much as 7% during the day on Tuesday, before closing the day up 4.25% up on Monday's close, following the announcement of increased reserves at its Tawke oilfield: The Ministry of Natural Resources of the Kurdistan Regional Government (KRG) is conducting its first ever survey of regional oil and […]

Gulf Keystone Updates on Oil Export Plans

Further to the announcement of 23 May 2011, Gulf Keystone has announced that currently the Company is in the commissioning phase of oil export operations from its Extended Well Test (EWT) facility close to Shaikan-1 and Shaikan-3. The commissioning phase, involving final preparations and customary checks and tests on all elements of the process, including […]

GFC Announces A New Counter Tender

Announcement for Tender No 32F/2011 Gas Filling Company -one of the Ministry of Oil companies –has the pleasure to announce for the tender of supplying   (Counter works on prepay for residential complex) as a part of operation budget of 2011. So manufacturer companies & their approved agents companies only who are interested in participating in the above mentioned […]

MRC Announces New Tenders.

Midland Refineries Company announces the below tenders: -Electrical Motor. -Wheeled Excavator. -Lap equipment. -Air plant unit. -5 Ton Lorry Trake. -Wheeled material. -Lab Equipment. -Lab Equipment. -15 Ton Fork List.   Closing Date for all the above tenders is 12/7/2011 at 13:00 pm.   Please click on every tender's link to have further information.