In an interview with Reuters, the chief executive of Kuwait Energy says the company is committed to pumping gas and finding oil in southern Iraq, and will not risk aggravating Baghdad by pursuing deals in Iraqi Kurdistan. Sara Akbar ...
Tags: Kuwait, Energy's Plans, Iraq
By John Lee. Kuwait Energy and Dragon Oil have signed the contract giving them the rights to explore and develop oil block 9 in Basra province. Reuters reports that Kuwait Energy will be the operator with a 70 percent working interest, ...
Tags: Energy, Dragon Oil, gas
The first day of Iraq’s fourth energy auction resulted in just one successful bid, with four of the today’s six exploration fields receiving no bids from the 47 pre-qualified bidders.. A consortium of Kuwait Energy (40%), ...
Tags: first day, Iraq, energy auction, oil
The Iraqi cabinet has expelled Turkey’s state-owned Turkiye Petrolleri AO (TPAO) from the consortium that was granted the rights to explore energy block 9, and has asked Kuwait Energy to take over the shareholding. Abdul Mahdi Al ...
Tags: Iraqi cabinet, Turkey, TPAO, Kuwait Energy
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