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Oil Search exercises Taza (K42) option in Kurdistan
Oil Search is pleased to announce that its wholly owned subsidiary, Oil Search (Iraq) Ltd, has exercised its option under an Option Agreement signed in July 2009 with the Kurdistan Regional Government (KRG), to enter into a Production Sharing Contract (PSC) in respect of the Taza Block (formerly Block K42) in the Kurdistan Region of Iraq, and that this
has now been approved.

date.png29 Jul 2011 06:33 | comments.png 0 Comments | tags.png iraq oil-search upstream [ More ]

The Iraqi oil ministry declares its oil exports for June 2011
The Iraqi oil ministry declared its oil exports for the previous June 2011 which was (68,2) million barrels and their achieved outcomes which is about (7.173) billions dollars.

date.png29 Jul 2011 06:24 | comments.png 0 Comments | tags.png iraq upstream [ More ]

Hess Announces Exploration Agreement in Kurdistan Region of Iraq
Hess Corporation (NYSE: HES) announced today that, in partnership with Petroceltic International PLC, it has signed production sharing contracts (PSCs) with the Kurdistan Regional Government of Iraq for its Dinarta and Shakrok exploration blocks.

date.png27 Jul 2011 11:50 | comments.png 0 Comments | tags.png hess iraq upstream [ More ]

Iraqi Oil ministry signs initially a contract with Shell and Mitsubishi
Mr. Abdulkarem Liaybi, the Iraqi oil minister announced that the Iraqi ministry of oil signed initially an agreement with shell & Mitsubishi to put the final form for the contract of developing the southern gas fields, and this agreement will be shown to the council of ministers to be certified.

date.png25 Jul 2011 07:18 | comments.png 0 Comments | tags.png iraq mitsubishi shell [ More ]

Petrofac Secures O&M Contract in Iraq
Petrofac, the international oil & gas facilities service provider, announces that BP Iraq NV (BP) has awarded Petrofac and its joint venture partner, China Petroleum Engineering & Construction Corporation (CPECC), an inspection, maintenance and repair contract worth US$90 million for the Rumaila oil field in Southern Iraq.

date.png29 Jun 2011 17:35 | comments.png 0 Comments | tags.png iraq petrofac services [ More ]

Axens Awarded Irak Maissan Refinery Contracts
South Refineries Company (SRC), a subsidiary of the Iraqi Ministry of Oil, awarded Axens the Basic Engineering Design and License contracts for the construction of the new refinery in Maissan, Southern Irak. Axens will supply the following process technologies for the refinery:

date.png24 Jun 2011 13:10 | comments.png 0 Comments | tags.png axens iraq refinery [ More ]

Gazprom Neft selects contractor for drilling in Iraq
Following a tender, Gazprom Neft has chosen Schlumberger to drill the first wells in the Badra oil deposit development project in Iraq. Upon signing the contract will last for three-years. On 9 June, Gazprom Neft, as the project operator, obtained approval to sign an agreement with Schlumberger from Iraq’s state-owned North Oil Company (NOC), part of the Iraqi Oil Ministry.

date.png22 Jun 2011 07:12 | comments.png 0 Comments | tags.png gazprom-neft iraq schlumberger services [ More ]

OMV with oil discovery in Kurdistan Region of Iraq
OMV, the leading energy Group in Central and Southeastern Europe, informs about a drilling success in its operated Bina Bawi block in the Kurdistan Region of Iraq. OMV is currently drilling an exploration well (Bina Bawi 3) and encountered hydrocarbons in one of the primary reservoir targets. The well is still being drilled and further investigations are planned in the course of the well operations including evaluation of deeper potential targets. OMV will inform about the full potential as soon as more information is available.

date.png06 Jun 2011 07:44 | comments.png 0 Comments | tags.png iraq omv upstream [ More ]

Iraq’s North Refineries Company Selects Honeywell For $9.6m Automation Contract
Honeywell (NYSE:HON) today announced that it has been selected by North Refineries Company (NRC) as the main Engineering, Procurement and Construction (EPC) contractor to upgrade the automation systems at its refinery in Baiji, Iraq. The multi- million dollar contract for the upgrading of NRC’s existing control system will improve operational efficiencies, reliability and safety at the refinery.

date.png06 Jun 2011 06:09 | comments.png 0 Comments | tags.png honeywell iraq refinery [ More ]

Honeywell UOP Technology Selected to Expand Iraqi Transporation Fuel Production
UOP LLC, a Honeywell (NYSE: HON) company, announced today that its technology has been selected for a new transportation fuel refinery to be built in Iraq.

date.png26 May 2011 08:11 | comments.png 0 Comments | tags.png iraq refinery uop [ More ]
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