By Yesar Al-Maleki, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Rebuilding Resilience: The Iraq-Türkiye Pipeline's Role in Iraq's Oil Export Security The resumption of Kurdish crude […]
By Noam Raydan and James Jeffrey, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil from Northern Iraq Arrives in the United States After Pipeline Reopens s In addition to providing discounted crude of a quality […]
By John Lee. Iraq and Turkey have resumed negotiations on a new agreement for transporting crude oil through the Iraq-Turkey Pipeline (ITP), following a meeting in Ankara. Talks were held between the Iraqi Ministry of Oil and the Turkish Ministry of Energy and Natural Resources, led respectively by the Iraqi Deputy Minister for Extraction and […]
By John Lee. Oil Minister Hayan Abdul Ghani has overseen the activation of a major development contract for four Kirkuk oilfields and the rehabilitation of gas facilities. The agreement was signed between North Oil Company (NOC), North Gas Company (NGC), and BP. The contract covers the Kirkuk (Baba and Avana domes), Jambur, Bai Hassan, and […]
By John Lee. The Iraqi Cabinet has approved an exception for US-based HKN Energy, allowing it to bypass the standard qualification criteria and receive a direct invitation to develop the Hamrin oil field in northern Iraq. Last week, the Ministry of Oil signed an agreement in principle with HKN to develop the field, aiming to […]
By John Lee. The Ministry of Oil has signed an agreement in principle with HKN Energy to develop the Hamrin field in northern Iraq. The agreement, signed on Tuesday between North Oil Company (NOC) and the US-based company aims to increase the field's output to 60,000 barrels per day, up from the current 20,000-25,000 bpd, […]
By John Lee. Iraq's Ministry of Oil has signed an addendum to the contract for the development of the East Baghdad (South) oil field with EBS Petroleum. EBS Petroleum is a body registered in Iraq to conduct petroleum operations on behalf of China's ZhenHua Oil. The Minister confirmed that the agreement will enable the field to […]
By John Lee. Iraq's Prime Minister, Mohammed S. Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The contract covers the Kirkuk field (Baba and Avana domes), Bai Hassan, Jambur, and Khabbaz. The signing ceremony on […]
By John Lee. Iraq's Ministry of Oil has signed an initial agreement with BP to develop four oilfields in Kirkuk. The agreement, signed by North Oil Company (NOC) and North Gas Company (NGC), covers the development of the Avana and Baba domes of Kirkuk, Bai Hassan, Khabbaz, and Jambur fields. Minister of Oil Hayan Abdul […]
By John Lee. BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future […]
By John Lee. A memorandum of understanding (MoU) was signed in London to explore the comprehensive redevelopment of four oil fields in Kirkuk. The agreement was formalised by Amer Khalil Ahmed, Director General of the North Oil Company (NOC), and Zaid Al-Yasiri, BP's Iraq Branch Manager, in the presence of Deputy Prime Minister and Minister […]
By Alex Kimani for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. BP To Develop Iraq's Kirkuk Oil Fields On Profit-Sharing Model British oil and gas giant BP Plc (NYSE:BP) will develop Iraq's Kirkuk oil and gas fields based on a profit-sharing model […]
