Tag Archives | ENI

Halliburton Wins Contract for Zubair Oilfield

Halliburton (NYSE:HAL) has been awarded a contract by Eni to provide a range of integrated energy services for the redevelopment of the Zubair field in southern Iraq. Work for the multi-million dollar contract is underway. Halliburton will perform services such as wire-line logging, perforating, acidizing and well testing on 20 wells. "We are committed to […]

ENI Target 15% Increase From Zubair By December

The managing director of the Italian national oil company, ENI, confirmed on Monday that the company aims to increase oil production by 15 percent in southern Iraq’s Zubair oil fields by the end of this year. AKnews reports that the remarks by Gino Jianoa came during a visit to Basra to discuss the Zubair contract […]

Eni to Award Oilfield Drilling Contracts

Italian oil major Eni is expected to award a tender to drill more than 100 new oil wells at its Zubair oil field in southern Iraq in August, according to a report from Dow Jones. "We received the bids and we are in the process of assessing them," an executive told the news agency. Several […]

Iraq Seeks Twinning Agreements with Italian Cities

The new Iraqi Ambassador in Rome, Siwan Barazani, said on Friday that he seeks to achieve "twinning" between Iraqi and Italian cities to help develop economic relations, according to the Italian AGI news agency. The agency quoted the diplomat as saying that Italy is Iraq’s major European economic partner, and that many Arab countries, including […]

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Iraq Announces New Gas Tenders

(Source:  Petroleumworld.com) Iraq Prepares New Gas Field Licensing, Cuts Oilfield Signatory Bonuses Retroactively Iraq's Oil Ministry has released plans to tender three gas fields—previously part of the first and second licensing rounds—to 15 invited companies and has named Shell, Total, and KOGAS as frontrunners, while also confirming that signatory bonuses for the renegotiated West Qurna-1 […]

Did Big Oil Win the War in Iraq?

Before the United States and Britain invaded Iraq in March 2003, their oil companies were shut out of oil-production contracts being negotiated by the government of Saddam Hussein. Today, more than six years of war later, Saddam is gone, and the U.S. and British oil companies are not only in on the oil contracts, they […]