The managing director of the Italian national oil company, ENI, confirmed on Monday that the company aims to increase oil production by 15 percent in southern Iraq’s Zubair oil fields by the end of this year. AKnews reports that the remarks by Gino Jianoa came during a visit to Basra to discuss the Zubair contract […]
Occidental Petroleum is planning to build a water desalination plant in Umm Qasr, Basra, an oil expert said on Monday. “The oil company seeks to implement the project as the South Oil Company refused to provide it with the water it requires to inject into wells to develop oilfields,” Dr. Jabar al-Halfi told Aswat al-Iraq […]
Italian oil major Eni is expected to award a tender to drill more than 100 new oil wells at its Zubair oil field in southern Iraq in August, according to a report from Dow Jones. "We received the bids and we are in the process of assessing them," an executive told the news agency. Several […]
ExxonMobil (XOM.N) and its partner Royal Dutch Shell (RDSa.L) have not been affected by a delay in the formation of Iraq's new government, and work on their West Qurna Phase One project is moving ahead, an Exxon executive said on Monday. Exxon expects to tender later this year to drill new wells in the supergiant […]
