By John Lee. Chinese oilfield services group Anton Oil reported a 16.2% decline in revenue from the Iraq market in the first half of 2026, with regional disruption cited as the primary cause. Revenue from Iraq fell to approximately RMB 1,212.4 million from RMB 1,447.2 million in the same period of 2025, representing 45.2% of […]
Iraq is to import 250 megawatts of electricity from the United Arab Emirates in a bid to alleviate the country's electricity shortage. Electricity Ministry Spokesperson, Musaab al-Mudarres, said the power will be supplied by UAE's Oilfield Services at a price of 7.5 cents per kilowatt-hour. According to the report from Aknews, the spokesman added that […]
Iraq has signed a contract to buy 250 megawatts of electricity from UAE's Oilfield Services. Under the two-year deal, the company will provide two power plants docked on ships in Basra. The ships are expected to reach the port within a few weeks, and the plants will be connected to the grid by 31st July, […]
