Development News in Iraq

Development plans for the Rumaila oil field southern Iraq
5/26/2022 - The Minister of Oil, Ihsan Abdul Jabbar Ismail, met in London with the CEO of BP, Bernard Lonnie. During the meeting, they discussed mechanisms for supporting development plans and programmes for the ...
Gulf Keystone Provides Operational, Corporate & AGM Update
12/17/2021 - Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, provides an operational and corporate update.

Jon Harris , Gulf Keystone's Chief Executive Offi...
Oryx Petroleum Announces Q3 2020 Financial and Operational Results
11/13/2020 - Oryx Petroleum Corporation Limited has announced its financial and operational results for the three and nine months ended September 30, 2020. All dollar amounts set forth in this news release are...
Genel Energy Provides Update on Bina Bawi PSC
5/1/2020 - Genel Energy plc provides the following update on the Bina Bawi PSC. Extensive documentation was received in mid-April from the Kurdistan Regional Government (‘KRG’) following the commercial underst...
DNO To Complete $100M Peshkabir-to-Tawke Gas Capture Project in April 2020
3/18/2020 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity.

DNO has stated that it remains committed to comple...
ACWA Power Signs Mou With Iraq Energy Institute
9/25/2019 - ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed a Memorandum of Understanding (MoU) with Iraq Energy Institute (IEI) - an independent non-...
Genel Energy Provides Update on Bina Bawi Development
4/30/2019 - Genel Energy has provided an update on the Bina Bawi licence. As previously announced, the deadline to meet the conditions precedent relating to the Bina Bawi gas lifting agreement (‘GLA’) was extende...
Iraq's Basra Oil, Chevron Agree to Implement MOU to Develop Oil Fields
8/19/2018 - Iraq’s state-run Basra Oil Company and Chevron agreed to begin implementing a memorandum of understanding to develop fields in the south of the country, the Iraqi oil ministry said. ...
Iraq to Take over Development of Mansuriyah Gas Field, Nassirya Oilfield
7/31/2018 - Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the “delay and failure” of international companies to resume work at the field, the oil ministry said. ...
Iraq Signs 3 Initial Contracts to Develop Exploration Blocks
6/5/2018 - By the presence of Mr. Jabbar Ali Al-Luiebi the minister of oil… the ministry of oil signed on 4 June three new initial contracts with two Chinese companies to develop and rehabilitate the borderline ...
Iraq Signs the Initial Contract Form to Develop 6 Exploration Blocks
6/3/2018 - By the presence of Mr. Jabbar Ali Al-Luiebi the minister of oil… the ministry of oil signs the initial form of the contracts to develop 6 exploration blocks on 3 & 4 June 2018. ...
Iraq Signs Contract to Develop East-Baghdad Oil Field
5/24/2018 - By the presence of the Chinese Ambassador to Baghdad… The ministry of oil signed the final form of the contract with Xinhua Chinese Company to develop the East- Baghdad oil field (the southern part). ...
LUKOIL Signs New Development Plan for West Qurna-2 Field
5/11/2018 - LUKOIL and the Basra Oil Company signed a Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels per day. According to the Plan, the oil production ...
Iraq, BP Sign Kirkuk Oilfield Development Contract
5/7/2018 - Iraq’s state-run North Oil Company signed an agreement with BP to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibi said. The agreement was signed in the s...
Iraq Awards 6 Exploration Blocks for Rehabilitation & Development
4/29/2018 - Mr. Jabbar Ali Al-Luiebi the minister of oil confirmed on the keenness of the ministry of oil to rehabilitate and develop the exploration blocks to raise the oil reserves. ...
DNO Expands and Accelerates Kurdistan Operations
4/26/2018 - DNO ASA, the Norwegian oil and gas operator, announced expansion and acceleration of operations in the Kurdistan region of Iraq while building up its North Sea exposure. First quarter revenues, the hi...
Iraq Signs $118M Two Contracts to Operate & Maintain Majnoon Oil Field
4/26/2018 - By the presence of the minister of oil and within the plan of the ministry of oil to develop the production operations in Majnoon oil field… Basrah Oil Company signed two contracts with Anton Chinese ...
Gazprom Neft Commissions Second Well at Sarqala Field
4/25/2018 - Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a second well — the Sarqala-2 — at its Sarqala field (within the Garmian block), located in the Kurdistan Region of Iraq (KRI). T...
Anton, Petrofac Sign Deal to Operate Iraq's Majnoon Oilfield
4/5/2018 - The Iraqi oil ministry signed a two-year contract with Anton Oilfield Services and Petrofac to operate the giant Majnoon oilfield, two oil executives said. ...
Iraq Ministry of Oil Declares Qualified Companies to Develop 9 Blocks
1/14/2018 - The petroleum contracts & licensing directorate of the ministry of oil declared the qualification of 5 different international companies, from 8 companies. The companies have presented for the qualifi...

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