Afren plc‘s trading statement and operations update includes the following review of its activities in Iraqi Kurdistan. Shares in the company closed up 2.7 percent: Barda Rash Having commenced an extensive testing programme at the ...
Tags: Afren, trading statement, operations update
On 7 January 2013, Genel Energy received permission from the Kurdistan Regional Government to export crude oil from Taq Taq into Turkey by truck. This authority is consistent with the Iraqi Constitution of 2006, the Kurdistan oil and gas ...
Tags: Genel, Trading, Operations
I was going to write about Educational Technology, as Bett (the world’s leading educational technology event) is happening in London at the end of the month. I also considered writing about the Education World Forum, which is linked ...
The U.S. Embassy in Baghdad hosted two well-known American film directors from January 3 to 14, 2013. Marilyn Agrelo and Roland Legiardi-Laura visited Iraq to show their documentary films and meet with established and aspiring Iraqi ...
Tags: U.S.Embassy, American film directors, Iraq
Reuters has reported that BP will undertake work to arrest declining production at the Kirkuk oilfield, in a move that has outraged the Kurdistan Regional Government. Abdul Mahdy al-Ameedi, head of the oil ministry’s Petroleum ...
Tags: Tensions, BP, Kirkuk Deal
The Kurdistan Regional Government is proud of the achievements of its oil and gas industry since the fall of the former regime in 2003. It expects the federal government of Iraq to be proud of them, too. Since oil exports from the ...
Tags: KRG, Baghdad, Oil Policy
Iraq and the Russian state oil producer Gazprom Neft have awarded an $879 million contract to South Korea’s Samsung Group to develop the Badra oil field in eastern Iraq. Samsung will design and build phase two of a central ...
Tags: Samsung, Badra Deal, Iraq
, the oil arm of Russian gas export monopoly Gazprom, to abandon oil deals in Kurdistan or face losing the lucrative Badra oilfield contract. The field, which is estimated to have reserves of 100 million barrels, is being developed by ...
Both Russia’s Gazprom Neft and the Kurdistan Regional Government have denied that the company has frozen projects in Iraqi Kurdistan. “Gazprom Neft is still working on these projects. The company keeps its interest in ...
Tags: Gazprom, Freezing Kurdistan Contracts, Iraqi Kurdistan
WesternZagros Resources has awarded a contract for two 2,000 horse-power drilling rigs with a leading North American drilling contractor. The two rigs have been contracted to drill the Hasira-1 well, the Baram-1 well and subsequent wells ...
Tags: WesternZagros, drilling rigs, petroleum service sector, petroleum service
Iraq’s State Oil Marketing Organization (SOMO) has issued a statement suggesting it will take legal action against companies exporting crude oil without dealing with the central government, including the confiscation of cargoes and ...
Tags: Iraq, crude oil, oil exports, Oil Marketing Company
Iraq’s crude oil exports fell by 11 percent in December due to bad weather in southern oil export terminals and the suspension of exports from Kurdistan, according to a report from Dow Jones. Exports averaged 2.348 million bpd, down ...
Iraq has approved the deal under which Kuwait Energy would replace Turkey’s state-owned Turkiye Petrolleri AO (TPAO) on the Block-9 exploration contract. Abdul-Mahdy al-Ameedi, director of the ministry’s contracts directorate, ...
Tags: TPAO, Kuwait Energy, Turkey, oil, Iraq
By John Lee. As part of its operational update yesterday, Petroceltic gave an update on its operations in Iraqi Kurdistan: An active exploration and development programme is scheduled for 2013 with a capital expenditure budget of US$150 ...
Tags: Petroceltic, Iraqi Kurdistan, active exploration, development programme
A new report from Deloitte,entitled"Mergers and Acquisitions in the Oil and Gas Industry—Current upstream M&A issues and transaction considerations",looks at the factors affecting investment in Iraq: "Iraqi production,which has ...
Tags: Iraq, Oil and Gas Industry