The latest Oil & Gas industry news from Iraq – security updates, oil industry events and more – brought to you by Iraq Business News
By Umud Shokri, for the Middle East Forum. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Does Iraq's $1.47 Billion Arbitration Victory over Turkey Mean for the Future? The Paris Court of Appeal has strengthened Iraq in its long-standing case with Turkey. Turkey […]
By John Lee. A development contract for the Hamrin oil field has been activated with US-based HKN Energy in a ceremony attended by Minister of Oil Basim Muhammad Khudhair al-Abadi. According to the Ministry of Oil, the contract targets a peak production rate of 140,000 barrels per day of oil, alongside approximately 40 million standard […]
By John Lee. ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited (BP ECKL) from BP, supporting the redevelopment of four producing oil fields in the Kirkuk area of northern Iraq. The agreement is expected to be signed during Prime Minister Ali al-Zaidi's official visit to Washington, D.C. BP […]
From the Arab Center Washington DC. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq in the Wake of the Iran War: Governance, Security, and Economic Challenges The Arab Center Washington DC and the Center for Contemporary Arab Studies at Georgetown University organised a […]
By Omar Mohammed, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. There is more to Iraq's corruption crackdown than meets the eye The wave of arrests that swept Baghdad's Green Zone before dawn on Sunday is being presented, at home […]
By John Lee. Basra Oil Company (BOC) signed a confidentiality agreement with Chevron of the United States on Wednesday to regulate the exchange of information for the evaluation of the West Qurna 2 oil field, and to negotiate future agreements. According to the Ministry of Oil, West Qurna 2 is one of Iraq's giant oil […]
By Hadley Gamble, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US companies will be 'top priority' in Iraq, new PM says With his first trip to Washington only weeks away, Iraq's Prime Minister Ali Al Zaidi told The National […]
By Michael Kern, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq forms committee to renew Kirkuk-Ceyhan oil pipeline agreement Iraq has established a high-level committee to prepare a new draft agreement on the Kirkuk-Ceyhan oil pipeline as the current deal expires in July. Salim […]
By John Lee. Gulf Keystone Petroleum (GKP) has announced the temporary shut-in of production operations at the Shaikan field in the Kurdistan Region of Iraq, citing the developing regional security environment. The company said it has taken measures to protect staff and confirmed that its assets have not been impacted. Shares in GKP closed down […]
By John Lee. France's Vallourec has been awarded a second contract by TotalEnergies to supply casing, tubing, and associated accessories for the drilling of 48 wells under the Associated Gas Upstream Project 2 (AGUP2). The project forms a key part of the Gas Growth Integrated Project (GGIP), operated by TotalEnergies in partnership with Basra Oil Company […]
By John Lee. Chinese Deputy Ambassador to Iraq, Xue Haifeng, has told the state-owned Iraqi News Agency (INA) that Iraq-China cooperation continues to gain momentum, covering sectors ranging from energy and development to agriculture and defence. He emphasised that high-level exchanges have played a central role in strengthening bilateral ties, citing recent meetings between Chinese […]
