Saturday, May 25, 2013
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Iran and Iraq have agreed to work together in developing hydrocarbon area that the two countries share, a senior Iranian official said. Masoud Jabbari-Rad, director for coordination and supervision of oil and gas production at the National Iranian Oil Company, said that expert-level talks held between...
South Gas Company, Shell and Mitsubishi have commenced operations of Basrah Gas Company(BGC), which will be the largest gas project in Iraq’s history and the world’s largest flares reduction project, Shell said in a statement. Basrah Gas Company is a Joint Venture between Iraq’s South...
Oil Search has said that its Taza 1 exploration well in Kurdistan has flowed between 400 and 500 barrels of 38 degree API oil and 1mln cubic feet of gas per day. The partners in Taza 1 are Oil Search which owns 60% and Total which owns 20% of the venture. Th er erst 20% is owned by the Kurdiatn regional...
Amman and Baghdad have signed an agreement to construct a 1,680 km pipeline that will run from Iraq’s southern oil-producing region, Basra, to Anbar province and then to Jordan’s port city of Aqaba. The USD 18 billion costing pipeline will supply Jordan with 850,000 barrels of oil as...
Amman and Baghdad have signed an agreement to construct a 1,680 km pipeline that will run from Iraq’s southern oil-producing region, Basra, to Anbar province and then to Jordan’s port city of Aqaba. The USD 18 billion costing pipeline will supply Jordan with 850,000 barrels of oil as...
Jordan and Iraq have signed an agreement to build an $18 billion double pipeline project that will supply the kingdom with Iraqi crude oil and natural gas, Jordan Times reported citing Iraq’s oil ministry. “The Iraqi oil minister has signed the agreement in Baghdad and the deal was sent...
Iran will most likely start exporting 40 million cubic meters (mcm) of natural gas to Iraq by summer of this year. The two countries have reached an agreement based on which Iran’s natural gas will be delivered to the neighbouring Iraq via two separate routes, Pess TV reported Iran’s Iranian...
Iraq's Basra Gas Company (BGC), a joint venture between South Gas Co., Royal Dutch Shell and Japan's Mitsubishi, is processing around 400 million cubic feet per day (mcfd) of gas, head of South Gas Co. (SGC) said on Wednesday, Reuters reported. The company, a $17-billion project to gather more than...
Dana Gas and Crescent Petroleum have announced that their total investment in gas operations in the Kurdistan Region of Iraq has exceeded $1 billion. Daily production reached a peak rate of 88,000 barrels oil equivalent per day (boepd), averaging 80,000 boepd, which includes 340 million cubic feet...
Iran has said that revenues from planned gas exports to Iraq may touch $1.5-2 million a day. The exports are likely to begin in three months. “In the beginning, nearly five million cubic meters (mcm) per day of gas will be exported,” Press TV quoted Javed Owji, managing director of National...