Honeywell Maintains Interest in Iraq
Iraq Business News | Iraq Oil & Gas News
by Editor
5d ago
By John Lee. Prime Minister Mohammed Shia al-Sudani received the President of Honeywell, Mr. Ken West, and his accompanying delegation in Washington, on Thursday. During the meeting, they discussed avenues of cooperation with the company to implement projects in the field of gas production development. Prime Minister al-Sudani affirmed Iraq's commitment to modernizing the oil industry and expanding its capabilities in producing and exporting petroleum products. He also urged the company to contribute to the completion of the Basra Refinery, stating the government's readiness to provide all nec ..read more
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Baker Hughes discusses possible Chemical Factory in Iraq
Iraq Business News | Iraq Oil & Gas News
by Editor
5d ago
By John Lee. Prime Minister Mohammed Shia al-Sudani received a delegation from Baker Hughes in Washington, early Thursday morning. During the meeting, they discussed the company's development work in Iraq in the oil and gas sector. The Prime Minister emphasized that gas projects in Iraq are a priority for the government to meet the needs of power plants and to stop environmental damage caused by gas flaring. He urged the company to contribute to establishing a factory for chemicals used in drilling and oil extraction operations. The Baker Hughes delegation expressed readiness for further coope ..read more
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IBBC Team visits Basra
Iraq Business News | Iraq Oil & Gas News
by Editor
5d ago
IBBC team meet Basrah Governor, visit Oil & Gas Expo, and meet Basra members The Iraq Britain Business Council (IBBC) management team of Christophe Michels (MD), Dr Ali Jawad  (Erbil & Basrah) and Mohand Alkhattab (Baghdad) undertook a trip to Basrah. They met Mr Asaad Al Eidany, The Governor of Basrah, and visited the Oil & Gas Expo to meet the supply network operating in the region. Basra is at the centre of the major oil and gas production facilities and is an important part of Iraq's future economy, with the upgrading of the port areas and the infrastructure projects surro ..read more
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US's New Hopes In Iraq "Are Dashed"
Iraq Business News | Iraq Oil & Gas News
by Editor
1w ago
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. U.S.'s New Hopes In Iraq Are Dashed As It Signs Longest Ever Gas Deal With Iran The sheer length of Iraq's new gas deal with Iran means Baghdad can be under no illusion that Washington will regard it as a serious political statement of intent. Click here to read the full report. The post US's New Hopes In Iraq "Are Dashed" first appeared on Iraq Business News ..read more
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Iraq has "No Intention" of Restarting Kurdish Oil Pipeline
Iraq Business News | Iraq Oil & Gas News
by Editor
1w ago
From OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Has No Intention of Restarting Kurdish Oil Pipeline Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey as soon as this month. Essentially, that means that Baghdad has no intention of agreeing to the restart of the Kurdish pipeline to Turkey which has been shut down for over a year now as the Iraqi federal government and the Iraqi Region of Kurdistan wrangle over ..read more
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IDC Completes Oil Well at Bai Hassan Field
Iraq Business News | Iraq Oil & Gas News
by Editor
1w ago
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of oil well 199 at the Bai Hassan oil field, west of Kirkuk. Drilling reached a depth of 1,810 meters, using the1,000-horsepower IDC 222 drilling rig. The work was done on behalf of the North Oil Company (NOC). (Source: Ministry of Oil) The post IDC Completes Oil Well at Bai Hassan Field first appeared on Iraq Business News ..read more
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TotalEnergies signs contracts for Solar Power in Iraq
Iraq Business News | Iraq Oil & Gas News
by Editor
1w ago
By John Lee. Iraq's Ministry of Electricity and the French company TotalEnergies have signed two contracts to produce 1,000 megawatts of solar power. The development will be built in four, 250-MW phases at the Ratawi [Artawi] field in Basra. According to state-run Iraqi News Agency (INA), it will be completed within two years. (Sources: INA; Govt of Iraq) The post TotalEnergies signs contracts for Solar Power in Iraq first appeared on Iraq Business News ..read more
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Iraq "Plans to Reopen Own Oil Pipeline"
Iraq Business News | Iraq Oil & Gas News
by Editor
1w ago
By Jack Dutton for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq plans to reopen own oil pipeline as talks to restart Kurdish route stall The move to reopen the pipeline will irk the Kurdistan Regional Government, as it introduces a rival route to a section of the pipeline in Kurdistan that has been shut for a year and is a crucial economic source for the semi-autonomous region. Click here to read the full article. (Subscription required) The post Iraq "Plans to Reopen Own Oil Pipeline" first appeared on ..read more
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Jiyad: Supporting the Ministry of Oil, Confronting APIKUR
Iraq Business News | Iraq Oil & Gas News
by Editor
2w ago
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Position Statement and Call- Supporting the Ministry of Oil, Confronting APIKUR We, whose names are listed below, are oil specialists, are those who follow oil affairs, are those concerned with the Iraqi economy, and those who are keen to protect the rights of the Iraqi people to ensure the benefit of their oil and gas wealth. After reviewing both the statement of the Ministry of Oil dated March 24, 2024 and the information, press releases, calls and statements ..read more
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Genel Energy outlines Payments to Govts for 2023
Iraq Business News | Iraq Oil & Gas News
by Editor
2w ago
By John Lee. Genel Energy has just published details of its payments to governments for the year 2023: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2023 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the 'DTRs') and in accordance with our interpretation of the Industry Guidance issued for the UK's Report on Payments to Governments Regulations 2014, as amended in December 2015 ('the Regulations ..read more
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