A new contract with DNO and Genel will help the KRG wean itself off costly diesel for power generation, and set a baseline domestic gas price for oil companies evaluating potential new development.
A new offshore platform will be the cornerstone of Iraq's revitalized southern export infrastructure, though its installation is causing a temporary drop in exports.
The British super-major will give technical advice, but political disputes still prevent any development deal that would put work boots and rigs on the ground.
The operator of Kurdistan's largest oil field has beaten a $1.6 billion claim, clearing a major hurdle in the company's quest to develop its assets – or position itself for a potential takeover.
Basra oil workers accuse the Oil Ministry of breaking promises, withholding bonuses, and continuing to persecute labor organizers.
Iraqi oil exports jumped in August ahead of southern infrastructure repairs, just as Garraf begins production.
A new Kurdistan export pipeline is being readied to tie into the Iraq-Turkey Pipeline within Iraqi territory but after the federal Oil Ministry's final metering station.
After a pipeline bombing sent massive oil slicks into the Tigris, Iraq is scrambling to mitigate a catastrophe by diverting the flow of the river.
As the Oil Ministry gears up to award the Nassiriya oil field and refinery project in December, a total of at least 12 companies are now qualified to bid.
The Oil Ministry is planning to build a new section of pipeline along the country's only secondary export route, which has been crippled by attacks and disrepair.
