The contract, estimated at several billions of dollars, is to take place in oil fields in southern Iraq.
ExxonMobil to use water injection to enhance southern Iraqi oil ouput
Tag Archives | Shell
The latest Shell Oil Company Iraq news – oilfields, pipelines, investment and more -brought to you by Iraq Business News
Iraq to Launch 3rd Gas Field Auction
"The product of these fields will initially be used to supply electricity stations and for other domestic needs, with the rest to be exported. The ministry hopes that Iraq will reach the level of other gas producers in the region."
Shell Beats Estimates
Royal Dutch Shell Plc, Europe’s biggest oil company, posted a 57 percent increase in earnings after production climbed for the first time in more than three years following startups in Brazil and Russia. Net income in the first quarter rose to $5.48 billion from $3.49 billion a year earlier, The Hague-based Shell said in a […]
Iraq Oil Plan to Drill 15 Oil Wells
The initial development plan agreed by Royal Dutch Shell, Malaysian partner Petronas and Iraqi oil officials includes inviting oil service firms to drill 15 new wells, an Iraqi oil official confirmed today.
Iraq Announces New Gas Tenders
(Source: Petroleumworld.com) Iraq Prepares New Gas Field Licensing, Cuts Oilfield Signatory Bonuses Retroactively Iraq's Oil Ministry has released plans to tender three gas fields—previously part of the first and second licensing rounds—to 15 invited companies and has named Shell, Total, and KOGAS as frontrunners, while also confirming that signatory bonuses for the renegotiated West Qurna-1 […]
Petronas Recruiting Hundreds of Staff for Four Iraqi Projects
Malaysia's Petroliam Nasional Bhd, or Petronas, has started recruiting hundreds of Iraqis for four oil projects the company won during Iraq's second licensing auction in December.
Tags: China Natational Petroleum Corp, Gazprom, Japex, KOGAS Iraq News, Missan, Petronas, recruitment, Shell, TPAO
Iraq Plans New Licensing Auction for 3 Gas Fields
The Iraqi Oil Ministry is planning to hold a third licensing auction to develop three discovered gas fields Akkas, Mansouriya and Siba by the end of this year.
Iraq Favours Shell, Total, KOGAS for Gas Fields
Iraq will invite 15 companies before the end of the year to bid to develop three gas fields and Royal Dutch Shell, Total and South Korea's KOGAS are the favourites.
Iraq Agrees to reduce signature bonuses on oilfields ..... but
Iraq's Oil Ministry has slashed signature bonuses on two oilfield development deals ...... but is turning them into unrecoverable payments.
Shell Faces ‘No Difficulty’ on Gas - Iraq
Iraq and Royal Dutch Shell Plc can reach an agreement on a gas project by extending negotiations for another six months in order to settle storage issues, Oil Ministry spokesman Asim Jihad said. Jihad said there were “no difficulties” in the talks, except that “storage places are currently not ready.” “There is no harm in […]
Shell Holds Talks on Iraq Plan to Capture, Sell Gas
Royal Dutch Shell Plc, which won contracts last year to develop two Iraqi oilfields, is still in talks on a plan to capture and sell natural gas there, the company’s Middle East vice president for new business said.
Tags: gas gathering, Shell
Shell to Boost Iraq Majnoon Oil Output, Eyes Gas
Iraq's Majnoon oilfield is targeting production of 175,000 barrels of oil equivalent per day in 2012, a senior Royal Dutch Shell executive said on Monday.