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Iraq's terms deter oil, gas explorers at auction

Iraq’s oil exports to fall for a third month in July

Southern exports fall to 2.07 mbpd so far in July; Northern exports lower than usual on Kurdish row; Exports down each month since reaching April's record rate

July 19, 2012 12:00
 
Crude-drilling-unit.

DNO boosts Iraq oil output, resumes Yemen drilling

DNO also boosting sales to Iraq's Kurdistan region; Confirms oil discovery in Iraq's Peshkabir-1 well; resumes drilling operations in Yemen

July 5, 2012 5:58
 
petrofac

Iraq picks Petrofac for $95 million contract

Iraq has picked British oil services firm Petrofac for a $95 million contract to carry out maintenance work for its new offshore terminals and sub-sea pipelines at the Gulf, an Iraqi oil official said on Monday.

June 18, 2012 6:12
 
Iraq Says OPEC Seeking World Oil Price Balance

Iraq Says OPEC Seeking World Oil Price Balance

OPEC is seeking a balance in world oil prices, but political instability rather than production issues are affecting the market price, Iraqi Oil Minister Abdul Kareem Luaibi said on Monday.

April 9, 2012 4:15
 
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