Tag Archives | Malaysia

Petronas “Can make it Work” in Iraq

By John Lee. The upstream international vice-president of Malaysia’s Petronas, Sharbini Suhaili, has reportedly said that Petronas was the largest international oil company in Iraq, and that the assets returns were promising despite numerous challenges. “There are always challenges. “We can make it work and we are working well with our partners.” (Source: AsiaOne) (Picture: Halfaya […]

Gazprom Starts Oil Deliveries from Badra

By John Lee. Russia’s Gazprom Neft, the operator of the Badra oil field (pictured) in Iraq, has announced that first oil from the field is now being delivered to Iraq’s main pipeline system for transfer to the export terminal in Basra, on the Persian Gulf. Current deliveries from Badra to the pipeline stand at over […]

Malaysian Co eyes Helicopter Charter Market

By John Lee. Malaysia’s Weststar Aviation Services is looking to tap the helicopter charter market in Iraq, according to a report from Astro Awani. Weststar group managing director and owner of Westar Aviation, Tan Sri Syed Azman Syed Ibrahim, said the company was planning to enter the market as early as next year and will […]

Development Work to Begin in Kut

By John Lee. A Malaysian firm has won a 71-billion Iraqi dinar ($61-million) contract to develop the southern area of Kut in Wasit [Wassit] province, according to a report from Al-Shorfa. Wasit governor Mahmoud Talal said: “The contract includes developing and rehabilitating the southern neighbourhoods of town by developing and paving streets and implementing water, […]

Malaysia Services Exhibition In Iraq

The Malaysia External Trade Development Corp (Matrade) is organising the Malaysia Services Exhibition (MSE) 2013 in Erbil, Kurdistan, Iraq on Oct 28-31 with a total of 17 participating Malaysian companies and 32 business representatives. Bernama describes it as an avenue to showcase the expertise and capabilities of Malaysian services companies, as well as to network […]

Malaysian Firms Urged to Tap Iraq Market

By John Lee. Malaysian companies have been urged to look into the vast opportunities in Iraq especially in construction, transportation, infrastructure and energy, according to a report from Bernama. The Iraqi Minister of Transport, Hadi Farhan Al-Amiri [Hadi al-Amari] (pictured), told the news agency that Iraq is seeking to tap Malaysian expertise as it looks […]

Production to Start at Gharraf this Month

By John Lee. Iraq’s Ministry of Oil has announced that the long-awaited start of production at the Gharraf [Garraf] oilfield is now scheduled for the end of August. Initial output is expected to be 35,000 barrels per day (bpd). The company previously had a plan to start operations by September of last year, and were […]

Start of Production at Gharraf Delayed

By John Lee. Japan Petroleum Exploration (Japex) and its partners have delayed the start of production in the Gharraf [Garraf] oil field by six months, according to Bloomberg. Production was scheduled for the end of 2012, but will now be postponed until the end of June; a company official blamed the delay on problems with […]

Oil Production at Starts at Halfaya

By John Lee. PetroChina and its partners Total and Petronas said on Wednesday that oil production has started at the Halfaya oil field in southern Iraq. Iraqi Oil Minister Abdul-Karim Elaibi [Luaibi] said the field will produce 100,000 barrels a day and reach 535,000 bpd in 2016. The consortium will be paid $1.40 for each […]

Malaysia Resumes Flights to Iraq after 25 Years

Flights between Iraq and Malaysia have resumed after a gap of 25 years, with the opening of a new scheduled air service on Saturday. Alsumaria News reports that Iraqi Airways will operate a weekly return service between Baghdad International Airport and the Malaysian capital, Kuala Lumpur. Iraq’s Ministry of Transport said that “Iraqi Airways plans to open […]

Gharraf to Start Production by Sept

Bloomberg reports that Malaysia’s Petronas and the Japan Petroleum Exploration Co. (JAPEX) will start producing crude from the Gharraf oil field in southern Iraq by September. Sattar Mahdi, head of field development, said the field will initially produce about 35,000 barrels a day by the end of the third quarter, gradually increasing capacity to 230,000 […]