Scottish-based Cresent is delivering the most significant contract in its 30-year history after signing a multi-million pound deal to supply health and safety training products for workers in Iraq’s giant Rumaila oilfield. Cresent has been awarded the contract by BP Iraq, which is operating the field in a joint venture with PetroChina and the National […]
By John Lee. A member of the Energy Committee in Maysan Provincial Council has called on the Ministry of Oil to grant the province the right to take part in running the oil sector in the province, according to a report from AIN. Ammar Nasrallah told the news agency: "We call to apply the constitutional […]
By John Lee. The Missan Oil Company has announced the completion of 45 new oil wells in the province as well as the rehabilitation of a number of old wells. The Director General of the Company, Ali M'arij, told AIN that "the Chinese company PetroChina drilled 30 new oil wells and rehabilitated six old ones […]
By John Lee. WorleyParsons has been awarded a $90m contract extension by BP Iraq NV, and its partners PetroChina and Iraq's State Oil Marketing Organization (SOMO), to continue providing engineering, procurement and management services to boost production from the super-giant Rumaila oilfield in Southern Iraq. In November 2009, BP and its partners entered into a […]
By John Lee. Reuters reports that Baghdad is working to cancel Total's involvement in the Halfaya oilfield, following the company's announcement that it signed exploration deals in Kurdistan. Abdul-Mahdy al-Ameedi, the director of the oil ministry's contracts directorate, said on Wednesday: "We are working to cancel Total's stake in the Halfaya contract. We will disqualify […]
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 […]
PetroChina announces a new tender for provision of 4 driling services unit . Bidding Details: -ITB Package Request Fee: USD 100.00 -Place to obtain the ITB Package: PetroChina Base Camp . Kahla'a Missan Province Iraq. Qualifications and documents required for ITB Package request: -Filled ITB Package Request Form -Copy of Certificate of Incorporation -Copy of […]
By By Mu Chunshan. Originally published in The Diplomat, and re-produced with permission by Iraq Business News. The visit by Iraqi Prime Minister Nouri al-Maliki to China didn’t just fail to grab much international media attention – there was also little coverage in the Chinese media, too. Most Chinese associate Iraq with Saddam Hussein and […]
Reuters reports that the China National Petroleum Corp (CNPC), the first foreign oil company to sign an oil service contract in Iraq after former president Saddam Hussein was toppled, said on Monday said that it completed construction of the first phase of the Al-Ahdab oilfield. The parent of PetroChina Co Ltd said it started work […]
WorleyParsons has been awarded a contract by BP Iraq NV and its partners PetroChina and the State Oil Marketing Organisation (SOMO) of the Republic of Iraq, to provide conceptual design, front end engineering design, minimum work obligations and integrated project management team services to boost production from the super-giant Rumaila Oil Field in Southern Iraq. […]
The Rumaila Operating Organisation (ROO) has met a major milestone in the re-development of the super-giant field in Southern Iraq by increasing production by more than 10 per cent above the 1.066 million barrels a day (b/d) initial production rate agreed in December 2009. Meeting this production target, and the approval of the Rumaila rehabilitation […]
PetroChina has invited seven contractors to submit the bidding documents for engineering, procurement and construction work on the first phase of development at the Halfaya oilfield in Iraq in the first week of 2011, the Norway-based energy newspaper Upstream has reported. The report said the companies invited to participate in the tender include the UK-listed […]
