Sunday, May 19, 2013
Displaying 31 - 40 of 80 articles
A Kuwait-led consortium has inked a preliminary deal with Iraq to explore for oil and gas in the country. Associated Press has reported that the consortium will focus on Iraq’s energy rich southern parts. Earlier this year, Kuwait Energy and partners, Turkey's TPAO and the UAE's Dragon Oil, won...
Iraq on Sunday signed a preliminary deal with a Pakistan Petroleum to explore for natural gas in eastern Iraq, various media reports said. During the country's 4th energy auction, the Pakistani company won exploration rights to work in a 6,000 square km block stretches in Iraq's eastern provinces of...
First gas from Shell’s gas joint venture in southern Iraq is expected to flow in next three weeks at the rate of 60 million cubic feet per day, Reuters reported. Shell and Mitsubishi Corporation signed a $17 billion deal with Iraq last November to capture flared gas at the country's southern oilfields...
Kurdish region may begin selling natural gas directly to Turkey within two years. "Even if there's no consensus with Baghdad, we will continue to sell natural gas and oil to Turkey," KRG Minister of Natural Resources Ashti Hawrami told the Caspian Gas Forum in Istanbul, reported Reuters. He added that...
Iraq is planning to offer more attractive terms in its next auction of exploration rights for natural gas, Bloomberg has reported. The next round of bidding is likely to happen next year, but Iraq will start now to prepare the data package, and will hold a road shows for the companies before the end...
Iraq has agreed for start of the construction of a long awaited gas pipeline to Jordan, Jordan Times has reported. Amman and Baghdad will begin the initial planning of a several hundred kilometre pipeline to carry heavy oil and natural gas to the Port of Aqaba. A portion of the natural gas to be transported...
Iraq is preparing for its fifth energy auction after its fourth round attracted lacklustre interest. In the fourth round only three of the 12 blocks got auctioned. After the conclusion of the fourth round, Iraq's oil minister said that a fifth energy auction was in the works. "We are preparing for...
Iranian natural gas supplies to Iraq will likely commence in next 18 months, Fars news agency reported. Based on an agreement between the two countries, Iran will supply 25 million cubic meters of natural gas per day to Iraq through the Ilam border. The two countries have also discussed plans to constructs...
Iraqi government has managed to sell exploration rights to only three of 12 oil and natural gas exploration blocks in a two-day energy auction. The auction ended Thursday. AFP reported that the two day sale, the first to invite international oil companies to explore Iraqi territory for energy deposits...
A consortium led by Kuwait Energy has won Block 9 in Iraq's fourth post-war energy licensing auction Wednesday. Block 9 in Basra is one of the 12 blocks being offered by the Iraqi government. Kuwait Energy has 40 per cent share while Turkish energy giant TPAO and the London-listed Dragon Oil each have...