MEED Abu Dhabi
World Oil Iraq
Iraq says ExxonMobil evacuation of staff is `unacceptable'
The evacuation of some ExxonMobil Corp. workers is “unacceptable and unwarranted” because it has nothing to do with the security situation in southern Iraq, according the country’s energy minister.
Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth ton of oil since starting commercial production at its Sarqala field in the Kurdsitan Region of Iraq.
H. E. Mr. Thamir A. Al-Ghadhban, deputy prime minister of Iraq for energy affairs and minister of oil, meets Eni’s CEO Claudio Descalzi
The Deputy Prime Minister of Iraq, Mr. Thamir A. Al Ghadhban, and the CEO of Eni, Claudio Descalzi met in Baghdad.
Petrofac secures training solutions contracts in Oman, UAE and Iraq
Petrofac has secured a number of new awards and contract extensions, with a combined value of over $30 million, to provide training solutions for key national oil company and international oil company clients in Oman, the UAE and Iraq.
Iraq’s burgeoning crude exports become factor in OPEC policies
Iraq has quietly emerged as the world’s fourth-biggest oil producer and wants a bigger say in OPEC and the global energy game.
Companies in the news
LUKOIL has commenced drilling new production wells at West Qurna-2 field as part of the second development phase.
Jordan to negotiate $1 billion debt-reduction loan, oil from Iraq to help boost economy
Jordan and the World bank are in $1-billion loan discussions to cut the cost of the Middle East country's debt repayments and revive an economy strained by more than a million Syrian refugees.
Gazprom Neft commissions third production well at Sarqala field
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI).
Lukoil, INPEX have concluded testing in Iraq's Eridu field 5th well
Lukoil and INPEX Corporation have successfully completed testing of the fifth well as part of the appraisal phase at the Eridu field (Block 10) in the southern part of Iraq.
ADES International acquires onshore rigs from Weatherford
ADES International Holding PLC has announced that it has completed the acquisition transaction with Weatherford International plc and receipt of the final two onshore rigs in Algeria, and a further two rigs delivered outside of Southern Iraq for relocation to Saudi Arabia.
World Oil UAE