Tag Archives | Gazprom

Gazprom takes over as Operator of Garmian Block

WesternZagros Resources has announced that the transition of operatorship of the Garmian Block in the Kurdistan Region of Iraq ("KRI") from WesternZagros to Gazprom Neft Middle East B.V. was completed effective February 29, 2016. The agreement does not involve any change of working interest in the production license. This transition was made pursuant to the […]

The Iraqi Shanty Town Between Two Oil Fields

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Between Black Gold, Bleak Prospects: Visiting The Iraqi Shanty Town Between Two Oil Fields NIQASH visits Wasit's Oil Town. But this is no wealthy area for oil billionaires. This shanty […]

Gazprom Almost Doubles Processing Capacity at Badra

Gazprom Neft has announced that a new process train (process train B) has been brought into operation at the central processing facility at Iraq’s Badra field (pictured). The commissioning of this new infrastructure facility increases capacity at the central processing facility from 45,000 to 85,000 barrels per day. Process train B is intended for the […]

Asian Oilfield Services Completes Shakal Project

By John Lee. Reservoir imaging company Asian Oilfield Services Ltd has announced the successful completion of a 3D seismic survey for Gazprom in Iraqi Kurdistan. The company, based in Dubai, completed the survey of over 100 square kilometers at the Shakal License Block. It has previously worked at the Taza block in Kurdistan.

WesternZagros Updates on Kurdistan Ops

WesternZagros Resources has announced its production of light oil in the Kurdistan Region of Iraq averaged approximately 5,000 barrels per day in the third quarter. As previously disclosed, operatorship of the Garmian Block was to transition from WesternZagros to Gazprom Neft Middle East B.V at the end of the exploration period for the block pursuant […]

WesternZagros Updates on Garmian, Kurdamir

WesternZagros Resources has issued an update in advance of the company's standard second quarter results which are scheduled for release on 13th August, 2015: Garmian Block Second quarter production from the Sarqala-1 well averaged 5,427 barrels of oil per day ("bbl/d). WesternZagros continues, in accordance with the KRG, to supply this production to the domestic […]

PM Al-Abadi Receives Presidents of Big Russian Companies

By John Lee. During his visit to Moscow, Prime Minister Haider Al-Abadi received the presidents of three major Russian oil and gas companies: Soyuzneftegaz group, Lukoil, and Gazprom. At the start of talks with Abadi in the Kremlin, Russian President Vladimir Putin said Russia is expanding cooperation with Iraq in the area of military technology, […]

Gazprom Increases Investment in Kurdistan

Kurdistan Region Prime Minister Nechirvan Barzani has received a delegation from the Russian Federation that included President Vladimir Putin’s Envoy to the Middle East and Deputy Foreign Minister Mikhail Bogdanov, Chairman of Gazprom Neft, Alexander Dyukov, and Deputy Energy Minister, Yuri Sentyurin. The delegation highlighted historic relations between Kurdistan and Russia, and their intention to […]

Gazprom Neft gets First Batch of Iraq Oil

Gazprom Neft, the operator of the Badra field development project, has received the first batch of Kirkuk grade oil from the Iraqi government. The crude oil has been given to the company in compensation for its investment in the field development. 500 thousand barrels (about 70 thousand tonnes) of oil was delivered in the first […]

Gazprom Neft to Conduct Seismic Survey

Gazprom Neft is to conduct a 2D seismic survey on the south-eastern section of the Halabja block. The technical equipment and personnel required for the survey are currently being transferred from the south-western section, where the company has already successfully completed a survey spanning 225 linear km. 2D seismic surveys covering approximately 870 linear km […]

Gazprom to Explore for Oil in Kurdistan

By Patrick M Schmidt. The Russian state-owned oil company, Gazprom, is expected to launch exploration operations in Halabja province before the end of the year. The province is located in the region of the Kurdistan Regional Government (KRG) and lays close to the Iran-Iraq border. If they find enough oil reserves, the company will begin […]

Gazprom Begins Production at Badra

By Patrick M Schmidt. The Iraqi Ministry of Oil has announced that Gazprom Neft, a division of the Russian state-owned Gazprom, had begun production at Badra oilfield in the eastern province of Wasit. "Oil flow from Badra has started on Monday to fill the oilfield storages in preparing to feed the export," said Ministry of […]