Iraq
News
August 03, 2015
DNO ASA and Genel Energy Plc shares surged after the regional government of Iraq’s northern Kurdish region said it would start paying them for oil exports next month.
News
July 28, 2015
Iraqi’s oil exports from the south climbed to a record this month at the same time the self-ruled Kurds in the north are shipping crude independently, adding to a global supply glut as producers vie for market share.
News
July 08, 2015
Iraq’s self-ruling Kurds are threatening to bypass the country’s central government and sell oil produced in the neighboring Kirkuk region in a dispute over revenue from crude sales by OPEC’s second-largest producer.
News
June 26, 2015
A fourth well has been brought into production at Iraq’s Badra field, which is operated by Gazprom Neft. This new high flow-rate well (Р-05) has allowed total production at the field to nearly double to 27–28,000 bopd.
News
June 04, 2015
Never mind cutting output to staunch a global glut, the talk so far at this week’s OPEC summit is mostly about pumping more oil.
News
June 01, 2015
ERGIL, a global expert in engineering, construction and manufacturing for storage tanks and equipment conducted a comprehensive engineering, design, material supply and fabrication project.
News
June 01, 2015
Iraq, OPEC’s second-biggest oil producer, is exporting a new grade of crude after customers complained about the quality of oil from the country.
Article
May 2015
A wireless seismic system offers a more efficient way to acquire data in challenging terrain. The system proved its capabilities on a record-breaking survey in Iraqi Kurdistan, facilitating seismic acquisition, despite a regional earthquake and armed conflict between the Kurds and ISIS.
News
May 06, 2015
DNO ASA has doubled the capacity at its flagship Tawke field in the Kurdistan region of Iraq to 200,000 bopd.
News
April 23, 2015
Growth in Iraq’s oil production capacity may slow as lower crude prices hurt the ability of OPEC’s number two producer to pay international oil companies for work there, officials from BP Plc and OAO Lukoil said.
News
April 06, 2015
Bashneft International, the operator of Bashneft’s overseas upstream projects, has completed field seismic surveys at Iraq’s Block 12 as part of the geological exploration program approved by the nation’s oil ministry.
News
April 02, 2015
Iraq boosted crude shipments in March to the highest level in more than three decades, adding to a global supply glut that has helped push down oil prices by 46% in the last year.
News
March 24, 2015
Gazprom Neft Middle East, the operator of Gazprom Neft’s projects in Iraqi Kurdistan, is to conduct a 2D seismic survey on the south-eastern section of the Halabja Block.
News
March 18, 2015
Gulf Keystone, operator of Shaikan field in the Kurdistan Region of Iraq, has resumed production and truck loading operations at both its production facilities (PF-1 and -2), in line with the pre-payment of $26 million gross received for future Shaikan crude oil sales on Feb. 25.
News
March 12, 2015
Iraq is in talks with oil companies about possible changes in production contracts to create incentives for companies if the price of crude rises and shield government revenue if it falls, Oil Minister Adel Abdul Mahdi said.
News
March 10, 2015
Oil Search Limited and Wireless Seismic announced Tuesday that in December, following seven months of continuous operations, Asian Oilfield Services (ASIAN) completed a large 3D seismic survey over the Taza Block in the Kurdistan Region of Iraq using Wireless Seismic’s real-time, radio-based RT System 2 seismic data acquisition system.
News
March 06, 2015
Iraqi forces entered the central city of Tikrit earlier this week, in an attempt to drive out Islamic State militants, and regained control of two oilfields in the region, a local official said.
News
February 17, 2015
Oil rose to the highest level this year as chaos in Libya curbed output and as an agreement between Iraq’s central government and the Kurdish region over crude exports was tested by falling prices.
News
February 05, 2015
Foreign oil producers in Iraqi Kurdistan are resorting to selling crude at about $30/bbl in the domestic market as the government hangs on to companies’ export earnings amid weaker world prices and a costly battle with Islamic State.
News
January 30, 2015
VIENNA, Austria -- OPEC oil production rose in January as record Iraqi output helped drive prices near six-year lows.
News
January 28, 2015
The battle for customers among OPEC members that helped trigger oil’s collapse is about to escalate.
