Tag Archive for 'Associated Press'

60 well tender for Maysan Oil Co.

Sixty-Well Drilling Tender Announced for Iraq's Maysan Province Iraq's newly founded state-owned Maysan Oil Company (MOC) has published tenders for the drilling of up to 60 wells.

Turkey-Iraqi Kurd relations take shape

Visit by Turkey’s president to Baghdad, meeting with Talabani, leads to tough talk on – and response from – PKK.

Iraq oil pipeline protection earns U.S. engineer honors

Iraq oil pipeline protection earns U.S. engineer honors

Plus:
* Shahristani says low oil price warrants cut
* Exxon Mobil leaning on Iraq investment
* Women in Iraq
* Iran-Iraq border dispute remains
* Iraq's Agent Orange

New physical barriers keeping would-be saboteurs from attacking Iraq's northern pipeline have led to increased oil exports. It's a major reason Elizabeth Burg, a U.S. Army civilian who volunteered for duty in Iraq, was recently named one of the U.S. Army Corps of Engineers' top five proteges.

Burg's duties include inspect…

New Iraq oil strategy attempts to walk political fine line

Plus:
*New budget approved after further cuts
*New Report: More than Shiites and Sunnis
*Iraq Teachers Union targeted by government
*Video-Alive in Baghdad: US Withdrawing as Media Retreat from Iraq

Iraqi Prime Minister Nouri al-Maliki has lent his support to a new two-pronged oil-development strategy in an attempt to appease those who have challenged the current strategy as relying too much on the hope of future investment from international oil companies by launching an immediate domest…

Obama outlines U.S. withdrawal from Iraq, war

President Barack Obama said Iraqis will no longer see U.S. troops in their streets "by the end of 2011," which he said was in line with the Status Of Forces Agreement signed between Iraq and the United States.

The troop drawdown has already been started and "by August 31, 2010, our combat mission in Iraq will end," Obama told his mostly Marine audience at Camp Lejeune in North Carolina. "We will retain a transitional force to carry out three distinct functions: training, equipping, and advisi…

Iraq finalizes oil drilling joint venture with Mesopotamia Petroleum

A deal has been finalized creating a joint venture between the Iraq Drilling Co. and the British Mesopotamia Petroleum Co.

It’s the first such joint venture in post-Saddam Iraq, and will likely be a template for future projects to bring foreign oil companies into the world’s third largest oil reserves.

The Iraq Oil Service Co. will be responsible for drilling at least 60 wells a year, with the country seeing a 120,000 barrels per day increase within the first year, Ahmed Rasheed repor…

Baiji sees corruption cleanup, saving Iraq oil from smugglers

Baiji sees corruption cleanup, saving Iraq oil from smugglers

Plus much more in this long-weekend edition of Iraq Oil Report, including updates on more going on in the oil and electricity sector, election results revealed, and the status of key security, societal and economic issues. A must read:

One might call them the Batman and Robin of the Bayji oil refinery.
Together Ali al-Obaidi, director-general of the Northern Oil Company, and his sidekick, Colonel Adil al-Jamali, commander of the Bayji oil police, have become a formidable crime-fighting duo a…

Mitsubishi added to Shell-Iraq gas deal

Plus:
*Iraq sweetens deal to oil majors in Istanbul meetings
*South Oil Co. offers oil companies 40 wells to drill
*Walid Khadduri on oil and elections
*Iran-Iraq meetings pledge oil, other economic trade boost
*KRG changes legislative body name, says Qandil Mountains contained
*Baghdad museum to reopen
*Fallujah still in ruins
*Joost Hiltermann: lessons of a peaceful election

A natural gas deal in the works between Shell and the state-run South Gas Co. will now include Mitsubishi and…

U.N. planning oil and federalism meeting in northern Iraq

Iraq Oil Report can confirm an upcoming meeting on federalism and oil and gas management in Iraq, organized by the European Union and United Nations. The date cannot be confirmed as yet. Although Voices of Iraq reports the conference will be held in April and focus on the oil law, sources told IOR the draft law will not be the main topic.

Exports of Iraqi oil from Turkey's port of Ceyhan are delayed by several days due to a payment dispute between Baghdad and Turkish companies, industry sour…

Elections: THE Iraq story

Plus:
*Elections and Oil
*Background and context for historic provincial vote
*Oil big in the SIGIR quarterly report to Congress
*Minister of Planning calls for privatizing oil sector
*Japan-Iraq strike strategic agreement, including oil sector
*Chevron exec cagey optimistic on Iraq oil
*Iraq oil unions unite workers for upcoming conference
*Oil price hits Iraq economy, workers
*Much more

Plenty of important updates in Iraq’s oil sector follows election news.

Provincial election…