Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
By John Lee. GE Vernova, the US-based company formed from the energy businesses of General Electric (GE), has announced a series of initiatives to boost electricity generation and supply in Iraq: Providing 3 additional gigawatts (GW) of power into the grid, "generated by highly efficient combined cycle power plants"; Five-year services and upgrade agreements to […]
By John Lee. Prime Minister Mohammed Shia al-Sudani received the President of Honeywell, Mr. Ken West, and his accompanying delegation in Washington, on Thursday. During the meeting, they discussed avenues of cooperation with the company to implement projects in the field of gas production development. Prime Minister al-Sudani affirmed Iraq's commitment to modernizing the oil […]
By John Lee. Prime Minister Mohammed Shia al-Sudani received a delegation from Baker Hughes in Washington, early Thursday morning. During the meeting, they discussed the company's development work in Iraq in the oil and gas sector. The Prime Minister emphasized that gas projects in Iraq are a priority for the government to meet the needs […]
IBBC team meet Basrah Governor, visit Oil & Gas Expo, and meet Basra members The Iraq Britain Business Council (IBBC) management team of Christophe Michels (MD), Dr Ali Jawad (Erbil & Basrah) and Mohand Alkhattab (Baghdad) undertook a trip to Basrah. They met Mr Asaad Al Eidany, The Governor of Basrah, and visited the Oil […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. U.S.'s New Hopes In Iraq Are Dashed As It Signs Longest Ever Gas Deal With Iran The sheer length of Iraq's new gas deal with Iran means Baghdad can be […]
From OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Has No Intention of Restarting Kurdish Oil Pipeline Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of oil well 199 at the Bai Hassan oil field, west of Kirkuk. Drilling reached a depth of 1,810 meters, using the1,000-horsepower IDC 222 drilling rig. The work was done on behalf of the North Oil Company (NOC). (Source: Ministry of Oil)
By John Lee. Iraq's Ministry of Electricity and the French company TotalEnergies have signed two contracts to produce 1,000 megawatts of solar power. The development will be built in four, 250-MW phases at the Ratawi [Artawi] field in Basra. According to state-run Iraqi News Agency (INA), it will be completed within two years. (Sources: INA; […]
By Jack Dutton for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq plans to reopen own oil pipeline as talks to restart Kurdish route stall The move to reopen the pipeline will irk the Kurdistan Regional Government, as it introduces […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Position Statement and Call- Supporting the Ministry of Oil, Confronting APIKUR We, whose names are listed below, are oil specialists, are those who follow oil affairs, are those concerned with the Iraqi […]
By John Lee. Genel Energy has just published details of its payments to governments for the year 2023: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2023 as required under the Disclosure […]
By John Lee. DNO has announced that production and field operations at its operated Tawke license (DNO 75 percent) in the Kurdistan region of Iraq have recovered from torrential flooding that also washed away large sections of the banks of the Khabur River, damaging roads and interfering with loading of tanker trucks for deliveries to […]
