The latest Shell Oil Company Iraq news – oilfields, pipelines, investment and more -brought to you by Iraq Business News
By John Lee. Shell Markets Middle East Limited has signed an agreement with GB Auto Iraq to be the official distributor of its automotive lubricants in Central and Southern Iraq. As part of the agreement, Shell will supply GB Auto with a diverse portfolio of automotive lubricants, including Shell Helix, Shell Rimula, Shell Spirax, and […]
By John Lee. Iraq's giant Nibras (Nebras) petrochemical project looks set to be revived, according to a statement from the Iraqi government. The Cabinet made a number of decisions relating to the project this week, including: Setting the price of the gas used to operate the project at 1.5 dollars per million British thermal units […]
By John Lee. Basrah Gas Company (BGC) has obtained endorsement from its shareholders to gather and process an additional 80 mmscf/d of the flared gas. On the 30th of November 2022, BGC's shareholders (South Gas Company 51%, Shell 44% and Mitsubishi 5%) signed the Final Development Decision (FDD), at the Higher Management Committee meeting, to […]
By John Lee. Basrah Gas Company (BGC) has appointed Andrew Wiper (pictured) as its new Managing Director. Andrew has more than 20 years of experience in the oil and gas industry, most recently with Shell, and previously with the Shell-associated KPO in Kazakhstan. He holds a bachelor's degree in Electronic Engineering and a master's degree […]
Advertising Feature Night Bird Construction (NBC) is a fast paced and highly organized Iraqi construction company created through the excellence of its team. NBC's Senior Construction Managers, Engineers and team of highly skilled industry professionals have achieved great success in construction projects across the globe; especially in IRAQ! Some Examples of Prime Construction Projects Completed […]
By John Lee. Shell is reported to be in talks with Iraq to boost Basra Gas Company's capacity. According to S&P Global Platts, BGC is planning to increase capacity for gas production from 1 billion cubic feet per day (Bcf/d) now to 1.4 Bcf/d in two years; discussions with Shell could see that increase further […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. IOC's Strategic Positioning in Iraq Upstream Petroleum Much talk have been circulating recently on "Big Oil" abandoning Iraq upstream petroleum projects after they rushed into the country many years ago. How much […]
By John Lee. The Iraqi Cabinet has approved the renewal of two contracts at the Majnoon oil field. Chinese company Anton Oilfield Services Group (Antonoil) is to continue to provide Integrated Field Management, while the American company KBR will provide Engineering, Procurement and Construction Management (EPCM). The decision allows for the extension of the contracts […]
IBBC's 5th Annual Iraq Conference in Dubai - Opportunity in Adversity The Iraq Britain Business Council (IBBC) was much praised at its conference on Thursday for pioneering in COVID-19 times by bringing together senior officials from Iraq, the UAE and the UK, prominent international and Iraqi businessmen, bankers and professional advisers as speakers and over […]
By John Lee. Shell has reportedly evacuated its foreign staff who had been working at the Basra Gas Company (BGC). BGC executives told Reuters that around 60 staff were flown out on Wednesday after workers who had been laid off staged a protest. Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with […]
IBBC host a roundtable discussion with His Excellency, Mr Jaafar Al-Sadr On Wednesday 4th December the Iraq Britain Business Council (IBBC) was pleased to host a roundtable discussion chaired by IBBC President Baroness Nicholson with Iraq’s newly appointed Ambassador to the UK, His Excellency, Mr Jaafar Al-Sadr, and fellow diplomats Dr Ahmed Al-Nakash and Ms […]
By John Lee. Oil giant Shell has just published details of its transactions with the Government of Iraq in 2018 in respect of the Majnoon oilfield, as part of its Report on Payments to Governments 2018. Click on image below to see in more detail: (Source: Shell)
