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 Iraqi Ministry of Oil

US Marines moved quickly to protect the Iraqi oil ministry in Baghdad, surrounding the complex with razor-sharp barbed wire. US-controlled Iraq should return to the oil market within months. (AFP/EPA/Christophe Simon)
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updated Sat. August 21, 2021

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BAGHDAD (AP) — A United Arab Emirates energy company and two Chinese firms emerged Thursday as the only winners in Iraq's rushed bidding ... The deals will be initially signed on May 10, the head of the Oil Ministry's Licensing and Petroleum Contracts Department, Abdul-Mahdi al-Ameedi said.
Iraq Conducts Airstrikes on ISIS Positions in Syria – The Iraqi Air Force conducted airstrikes in Syria against ISIS militants on April 19 and 23. ... Oil Ministry Awards New Contracts; 1991 Gulf War Reparations to Kuwait Resume – The Iraqi Oil Ministry announced that the Basra Oil Company signed two ...

ERBIL (Kurdistan 24) – The Iraqi Federal Government has extended its deadline for foreign investors and companies to bid on the construction and operation of a new refinery in the northern province of Nineveh, the Oil Ministry said on Sunday. The new refinery would have the capacity to produce 100,000 oil barrels per ...
Iraq inks deal with Baker Hughes for natural gas processing: oil ministry ... "This project is the first of its kind to be built on the basis of the Engineering, Procurement, Construction and Finance (EPCF) of the Ministry of Oil and will support the ... Qasem said dry gas would be dedicated to Iraqi power plants.
Iraq's Ministry of Oil is preparing to unveil its new IOC contracting model, and foreign players will be paying particular attention to any changes to the royalty scheme. “The most important thing they are looking for [ahead of the licensing round] is the amendments to the service contracts,” Abdulmahdy ...
New legislation could restructure the oil sector, creating a new executive body for field management and limiting the Oil Ministry to strategic policy and ... Iraqi South Oil Company engineers look toward the associated gas flares in the Zubair oil field on January 21, 2010. (ESSAM ... By Staff of Iraq Oil Report

Thus, it wants to lower daily output from 1.2 to 0.8 million barrels. Apart from that, according to Alekperov, the sides are negotiating investments and deadlines for the implementation of liabilities. He said earlier his company planned to refer a plan for the field's development to the Iraqi ministry of oil by the ...
The country total of 4.360 million b/d is just 0.23% above Iraq's OPEC allocation of 4.350 million b/d. OPEC's secondary source estimates, which include S&P Global Platts, put January production at 4.435 million b/d, some 75,000 b/d above the oil ministry's figure. Platts itself estimated January output at ...
Iraq and the semi-autonomous region of Kurdistan are close to settling their dispute over oil exports and oil revenue sharing, according to an Iraqi oil ministry official. Exports from Kirkuk were halted after Iraq's federal army regained control over the oil fields in the area. Baghdad—which never recognized ...
Talks between ExxonMobil and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential ... The talks between Iraqi authorities and Exxon are still ongoing, according to the industry sources and officials from the Iraqi oil ministry.
In the case of the Qayyarah, the Iraqi oil ministry estimates that about 20,000 cubic meters may have been released into the environment and haven't been cleaned up yet. In April 2017, the PAX team in conjunction with the United Nations Development programme (UNDP) conducted a survey with over ...
BASRA - The Basra Oil Company (BOC) is preparing an aggressive, Iraqi-led effort to develop the Majnoon field after Royal Dutch Shell decamps in June, with plans to double production before deciding whether another foreign oil company will win an operating role. Multiple companies – including Total, ...
Foreign direct investment is pouring into Iraq as the country regains stability. Last week, the Iraqi Oil Ministry picked an American oil company, Orion, to produce gas from a southern oilfield. The Nahr Bin Omar field was originally developed by state-run Basra Oil and has an average daily production of ...
KIRKUK - Iraq is set to nearly double the allocation of Kirkuk crude to refineries run by KAR Group in Erbil, a sign of deepening cooperation between the Oil Ministry and the Iraqi Kurdish firm, despite opposition from Baghdad lawmakers. The increased allocation is in line with a deal that began a year ago ...
ERBIL, Kurdistan Region – The Iraqi oil ministry plans to increase crude oil flow from Kirkuk to Kurdish refineries despite Iraqi lawmakers opposing the move with a ban earlier this month. ... The Iraqi parliament banned Erbil-based oil and gas KAR Group from operating oil fields in Kirkuk in early January.
The Iraqi Oil Ministry says it is set to sign an agreement with U.S. energy company Orion to extract natural gas at an oil field in the south of the country. The ministry said the deal, which was agreed to earlier this month, will be signed on January 22. It pertains to the Nahr Bin Omar field in energy-rich Basra ...
ERBIL, Kurdistan Region (Kurdistan 24) – Iraq is set to sign a deal with an American oil firm to begin tapping gas at an oil field in the south of the country, the Iraqi Ministry of Oil said on Sunday. The Iraqi government plans to sign a memorandum of understanding with American energy company Orion on Monday “to tap gas ...

KIRKUK, Iraq, Jan 18 (Reuters) - Iraq signed a memorandum of understanding with BP on Thursday to boost production capacity from its northern Kirkuk oilfields, the country's oil ministry said. The oilfields were taken back under Baghdad's control last October after Iraqi government forces dislodged ...
Iraq's plan to start exporting crude oil from the northern Kirkuk fields to Iran before the end of January depends on logistics, Iraqi Oil Ministry spokesman Assem Jihad told Argus Media in November 2017. As Reuters reported last December, “The agreement signed … by the two OPEC countries provides for ...
Anglo-Dutch oil major Royal Dutch Shell confirmed Monday it has agreed to sell its 20% stake in Iraq's West Qurna 1 onshore oilfield to Japan's Itochu, ... reported by Reuters last week, with the head of Basra Oil Co., Abdul Jabbar, saying the transaction has already been approved by the Iraqi oil ministry.
Iraqi has cut the KRG's share of the budget since early 2014 because of the Kurdistan Region's plans to export oil to the international market ... ERBIL, Kurdistan Region – Discussions between Iraq's oil ministry and the KRG may set the ground for an oil-for-budget agreement, a Kurdish official stated.
By implementing this, by end of 2021, Iraq willl reach zero flaring definitely,” Jabbar Al Luaibi said at an energy conference in Abu Dhabi. ... The Iraqi oil ministry has yet to find stakeholders to replace Anglo-Dutch oil major Shell to undertake development at Majnoon, one of its largest oilfields, he added.
Royal Dutch Shell has sold its 20-percent stake in Iraq's West Qurna-1 oil field to Japan's Itochu Corporation, and Iraq has approved the transaction, a senior Iraqi oil official told Reuters in an interview on Wednesday. “Shell sold its stake in West Qurna 1 to Itochu and the oil ministry approved it. We met with ...
Baghdad (IraqiNews.com) Iraq exported more than 109 million oil barrels during the month of December, the Iraqi oil ministry declared on Tuesday. Pointing to a “record” rise in exports and revenues, the ministry said a preliminary statistic from the state-run marketing company, SOMO, crude oil exports ...
Iraq Oil Ministry invites companies to bid on new Kirkuk-Cehyan oil pipeline ... ERBIL, Kurdistan Region – The Ministry of Oil announced on Sunday they are now accepting bids from potential builders for a new oil pipeline to run from the Kirkuk to Turkey's Cehyan port on the Mediterranean coast since ...
The new pipeline will replace an old and severely damaged section of the Kirkuk-Ceyhan pipeline. It will start from oilfields near Kirkuk and extend to the Fish-Khabur border area with Turkey. Iraq's oil ministry set Jan. 24 as the deadline for companies to submit letters of interest in building the new pipeline, ...
Iraq Oil Ministry invites companies to bid on new Kirkuk-Cehyan oil pipeline ... ERBIL, Kurdistan Region – The Ministry of Oil announced on Sunday they are now accepting bids from potential builders for a new oil pipeline to run from the Kirkuk to Turkey's Cehyan port on the Mediterranean coast since ...
Malaysia's Petronas has confirmed its exit from Iraq's Majnoon concession along with joint stakeholder Shell, after the Iraqi oil ministry announced it would assume control of the field. "Petronas confirms its exit from the Majnoon oilfield, Iraq, together with Shell. We will be working with Shell on the handover ...
“The priority of the new management team is to cut the cost of producing a barrel (of crude) from Majnoon by 30 percent,” Iraqi oil minister Jabar Al Luaibi said in the statement. Shell announced plans to exit the field in September, after the world's largest oil trader received approval from the Iraqi ministry to ...
Reuters reports the latest headlines released by the Iraqi Oil Ministry, citing that Iraq plans to build an oil refinery in Fao with Chinese investments and also plans for two other refineries. No further details have been mentioned on the same. Information on these pages contains forward-looking statements ...
ERBIL, Kurdistan Region — The spokesperson of the KRG dismissed claims by Iraqi Prime Minister Haider al-Abadi who had alleged that the Kurdish ... He described figures released by Iraqi Oil Ministry referenced by Abadi as "not audited and ambiguous" since Iraq's membership in the global, ...
Per the Iraqi Oil Ministry, the country is yet to reach an agreement with ExxonMobil Corporation XOM on a multi-billion dollar project aimed at boosting yield ... Iraq will award multibillion-dollar projects that would comprise construction of oil pipelines, storage facilities and seawater supply facility to insert ...
The new pipeline will replace an old and severely damaged section of the Kirkuk-Ceyhan pipeline. It will start from oilfields near Kirkuk and extend to the Fish-Khabur border area with Turkey. Iraq's oil ministry set Jan. 24 as the deadline for companies to submit letters of interest in building the new pipeline, ...
PTI reported that Iraq has begun reconstruction work at what was the country's biggest oil refinery before it was damaged by intense fighting between ... Backed by a US-led coalition, Iraqi forces gradually retook control of all territory lost to IS over the past three years and on Saturday Prime Minister Haider ...
We invite all our readers to share with us their views and comments about this article. Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, ...
KUWAIT CITY, Dec 10, (KUNA): Kuwait's hosting of the premises of the Organization of Arab Petroleum Exporting Countries (OAPEC) is part of the country's keenness to promote the joint Arab action in all aspects, Kuwait's Minister of Oil, and Minister of Electricity and Water Essam Al-Marzouq has stressed. The minister ...
SULAIMANI – Following a visit by Russian Energy Minister to Baghdad, the government of Iraq said legal contracts related to oil should be signed only with the central government and the Ministry of Oil, as oil is a “sovereign resource.” The Iraqi Oil Ministry said in a statement on Thursday (December 7) that ...
A southern export figure of 3.9 million bpd released by the oil ministry on Thursday, the highest ever, referred just to output on Nov. 29, Abdul Jabbar said. “The November average was 3.5 million bpd,” he said. The Iraqi government's November revenues from oil exports were at over $6 billion, an oil ...
The Iranian oil ministry is to have a meeting with SOMO in Iran next week to sign the oil-truck contract, and then discuss the consultations regarding the oil ... The Kurdish Prime Minister Nechirvan Barzani on Monday accused the Iraqi government of failing to benefit from the Kirkuk oil since it has halted ...
Iraq to raise crude output and offer tender for new Kirkuk pipeline ... 2018 was approved by the oil ministry, BP would start drilling about 50 new oil ... The Iraqi oil minister Jabar Al Luaibi said in Vienna the new pipeline would ...
Hassan said once Rumaila development plan for 2018 was approved by the Oil Ministry, BP would start drilling about 50 new oil wells to help ...
Iraq's central government plans to replace the Iraqi section of the oil ... port of Ceyhan in the southern Adana province, the Iraqi Oil Ministry ...
London, 27 November (Argus) — Iraq's oil ministry has extended the deadline to invest in constructing the Nasiriya refinery for the second time.
Iraq's Oil Ministry said in a statement on November 26 that eight areas are being offered in the south and east of the country along with a ninth ...
The Iraqi Minister of Oil on Thursday announced that the oil ministry reopened al-Seniyah Refinery in the province of Salahudin after ...
... Getting oil flowing again from the fields in Kirkuk in northern Iraq to a Turkish sea port is the first order of business, the Iraqi Oil Ministry said.
Considering it its own backyard, Iran has pressed Iraq over an oil ... The Iraqi Oil Ministry has remained silent as PMF leaders have been ...
"BP and Italy's Eni have approached the oil ministry last month to show interest in ... BP is developing Rumaila, Iraq's biggest oilfield, in the south. ... Iraqi Oil Minister Jabar al-Luaibi said on Oct. 9 that Chevron and Total were ...
BHGE signed a contract with the Iraqi oil ministry in July to develop a modular natural gas liquids plant to recover 5.7 million cubic metres a day ...
Iraq and Iran agreed in principle to export Kirkuk oil to Iran, according to the Iraqi oil ministry. Iraqi Oil Minister Jabbar al-Luaibi said on Friday in ...


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