Tag Archives | Ministry of Oil

Iraq: New Attempt at OPEC Deal in June

By Simon Kent. Iraq's representative to OPEC Falah Al-Amri has announced that plans are underway for a second round of talks on freezing OPEC output in June. Currently, Iran is now the sticking point in any such deal, aiming for 4 million BPD by March, and one Iranian official has called talks by non-OPEC members of […]

Iraq to IOCs: Low Spending Plans for 2016

By Simon Kent. The director of licensing at Iraq's Ministry of Oil,  Abdul Mahdy Al-Ameedi, has written a letter to IOCs asking them for conservative spending plans for 2016 in light of the ongoing oil price rout. The low oil prices seen since last year have limited Iraq's ability to pay companies to meet production […]

Abdel Mehdi: Historic Deal in Final Stage

By John Lee. It's a deal that could cement a prosperous shared future for Baghdad and Arbil. But despite the new good will between the two sides, there is huge political opposition from Iraqi Arabs who object to the current terms. In the Kurdish region, many feel that the history has already turned toward their […]

New Oil Minister takes up Post

By John Lee. The new Oil Minister, Adel Abdul-Mahdi, has taken up his new post at a ceremony at the Ministry of Oil's head office. The new minister thanked his predecessor, Abdul Kareem al-Luaibi [Elaibi], and stressed the importance of the oil sector to Iraq's economy. Eoin O'Cinneide, writing for UpstreamOnline, has speculated that the […]

Metinvest to Supply Large Diameter Pipes

By John Lee. Metinvest Group received permission to supply large diameter pipes fabricated from internally produced pipe-making plate for oil and gas pipelines in Iraq. The Oil Ministry of Iraq included Metinvest Group into its list of certified suppliers of large diameter pipes manufactured from internally produced pipe-making plate. The move followed Azovstal Iron and […]

Iraq 1H Oil Exports Exceed $45 billion

The spokesman of the Ministry of  Oil, Assem Jihad, told Alsumaria News on Sunday that Iraq has exported more than $45 billion worth of oil in the first half of the 2012. Jihad said that "the surplus in the budget for Iraq will reflect positively on the Iraqi economy and thus help the government create […]

Supplying Lab Materials For Drilling Fluid

Iraq Ministry of Oil establishments invites to bid for supplying Lab materials for drilling fluids, in accordance with the conditions and specifications , which can be obtained from the purchasing department  (IDC ) Headquarters in Baghdad . The bidder will pay (100.00) One hundred thousand Iraqi Dinars for tender documents. Whoever is willing to participate […]

Iraq Offers 12 New Oil Blocks in 4th Round

Iraq's Oil Ministry announced on Monday the launch of the fourth round of oil licences for 12 sites in the provinces of Nineveh [Ninawa], Anbar, Diyala, Wasit [Wassit], Basra, Najaf, Muthanna, Qadisiya, and Babil, indicating that the majority of areas include gas and oil. Iraq formally invited international energy firms to compete for these new […]

Iraq Ministry of Oil Tender for Chemicals

Iraq's Ministry of Oil has issued tenders for the supply of chemicals for the Doura [Daura] refinery: 2,000 Kg of anti-foam agent. Please click here to download the tender document. 3,000 Kg of oleine. Please click here to download the tender document. The closing date for receipt of bids for both items is 13:00 (Baghdad […]