The Oil Projects Company SCOP announces two new supply tenders: - Supply Instrumentation (MOV S , Pressure gauge , cables & junction boxes) for second srtategic pipe line from KP441 TO K3 pumping station. Tenders documents may be collected (by an authorized representative of the tender) at SCOP's headquarter in Baghdad against the payment of […]
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.
WesternZagros Tests Completed - Large Oil Discovery Confirmed
WesternZagros Resources has announced that it has successfully completed the initial testing of the oil discovery made in the Jeribe Formation of the Sarqala-1 well. The Company tested the well at rates up to 9,444 barrels per day of 40 degrees API oil. This rate was reached after flowing and stabilizing the well at progressively […]
Debate Continues on Legality of Kurdistan's Petroleum Contracts
By Thomas W. Donovan, Managing Partner at Iraq Law Alliance, PLLC. Introduction Several recent events have prompted a return to the lingering debate over the legality of the production sharing contracts entered into by and between the semi-autonomous Kurdistan Regional Government (KRG) and around 35 private international companies over the past few years. The KRG, […]
More Tenders From MRC
Midland Refineries announces the below tenders: -Complete Centrifugal Pump W/Turbine and Base Plate - Lap Master For Lapping Machine For Mechanical SCAL - Lab Equipment - Amphibious Machines - High Reach Rough Terrain Rotating Telehandler -Lab Equipment -Desludging Tank -Bulldozer -Self Propelled Articulating & Telescopic Booms (z-type) -Self Propelled Scissor Lifts Closing Date: 5/7/2011
MRC Announces New Tenders
Midland Refinery Company announces new tenders: - Spare For Steam De Super Heater - Spare Parts For Burner of F-101,201,301,302,501 & 601 - Spare Parts for Burners of Power Former no 2 - Spare for Pumps The Company must submit a covenant enclosed with the technical offer that they have submitted otherwise the offer should be […]
Midland Refineries Co Announces New Spare Part Tenders
Midland Refineries Co announces the following tenders: - Spare Part For Pump -Spares for Centrifugal Compressor - Spare Part - Spare Part - Spare Part for Centrifugal Air Fan Item K-11 New Boiler - Spare Part for Hitachi Pump Type : GM-CH S/NI-766610171-354 - Spare Part For Pump , Type :3 HNN-122 & 153 Please […]
DNO Updates on Kurdistan Operations
Norwegian oil producer DNO issued a report today (Monday) on the status on its activities in Kurdistan Region of Iraq. Summail-1 exploration well update The Summail-1 exploration well was spudded on 19 April 2011. The well has now been drilled ca. 25 meters into the Cretaceous interval and hydrocarbon shows were detected while drilling. An […]
The Next Iraqi Oil Round: Issues For Consideration
This work was written by Ahmed Mousa Jiyad, and it is reproduced here with his permission. It was originally published by MEES v54:n23, Monday 6 June 2011. Mr Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies-CGES, London. He was formerly a senior economist with the Iraq National Oil […]
Iraq to Increase Oil Supplies to Jordan by 50%
Jordan's Prime Minister, Marouf Bakhit, said that Iraq has agreed to increase the volume of daily oil supply to Jordan from 10,000 barrels to 15,000 barrels, with plans to increase the quantity to 30,000 barrels a day eventually. The two countries have agreed in principle to a planned crude oil pipeline stretching between the neighboring […]
Details of New Faw Power Station Released
The head of the Basra Investment Commission, Eng.Haidar Ali Fadhil, has announced details of the Faw [Fao] power station: The station will have a capacity of 50 megawatts; The project shall be open for investment companies; Interested companies are required to visit the BIC offices by 12th June; The power station is intended to use […]
Iraq Starts Drilling for Oil in Hamrin Mountains
The state-run Iraq Drilling Company started to drill and repair wells in the Hamrin mountains north of Baghdad for the first time in 21 years, according to Bloomberg. The company, affiliated with the country’s Oil Ministry, started to work on a total of 72 wells this week, the state-sponsored Iraqiya television said, citing Idriss Mohsen […]
Construction of Karbala Refinery to Start This Year
Iraq hopes to complete negotiations with European investors to build a new oil refinery in the city of Karbala [Kerbala], the country's Deputy Prime Minister, Hussain al-Shahristani (pictured), said on Friday. The projected 140,000 barrel per day (bpd) Kerbala refinery is part of a plan to build four new refineries, adding around 750,000 bpd of […]