Iraq Oil Field

Iraqi oilfield news and technical advises

Browsing Posts tagged baghdad

Iraq: German carrier, Lufthansa has said that it will resume flights to Iraq on April 25. The new route will offer four weekly flights to Erbil in Northern Iraq from Frankfurt. Lufthansa will operate the four-and-a-half hour flight with an Airbus A319 with 132 seats in Business and Economy Class. The airline said it is preparing to resume flights this summer to the Iraqi capital Baghdad. [AMEInfo.com]

Iraq: Iraqi Kurdistan has said that the semi-autonomous region plans to publish disputed oil deals it had made with foreign firms, Kurdish natural resources minister Ashti Hawrami told Reuters. Kurdistan and Baghdad have been in a disagreement for months over oil deals Kurdistan signed independently with foreign firms. The Arab-led government in Baghdad refuses to pay the firms, and oil exports from Kurdistan stopped last year, the news service reported. [AMEInfo.com]

Iraqi Kurdistan has said that the semi-autonomous region plans to publish disputed oil deals it had made with foreign firms, Kurdish natural resources minister Ashti Hawrami told Reuters. Kurdistan and Baghdad have been in a disagreement for months over oil deals Kurdistan signed independently with foreign firms. The Arab-led government in Baghdad refuses to pay the firms, and oil exports from Kurdistan stopped last year, the news service reported.

by Faleh Al-Khayat, oil expert. This speech was a part of Occupation Year 7: What future for Iraq?, a series of events organized by The BRussells Tribunal, and took place in the European Parliament, 18 March 2009, in Brussels



Iraq: Iraq’s State Company for Automotive Industry has signed a partnership agreement with German automaker Daimler for the supply of complete Mercedes-Benz trucks and assembly kits. Under the deal, Daimler will supply tools and equipment for truck assembly and provide technical support on site, the company said in a statement. The partnership follows setting up a representative office in Baghdad in February 2009 to determine the market opportunities for trucks and buses in Iraq and coordinating the negotiations for the partnership agreement. [AMEInfo.com]

Iraq: The Iraqi oil ministry will today sign the final contract over West al-Qarna-2 oilfield with Russia’s Lukoil and Norway’s Statoil, Aswat al-Iraq has reported. “The two companies pledged to up production to a peak of 1.8 million barrels per day at a rate of $1.15 per barrel of additional produced barrel,” oil ministry spokesman, Assem Jihad said. Located in southern Iraq, Qarna-2 has a huge reserve estimated to reach 13 billion barrels. [AMEInfo.com]

Iraq: Iraq’s oil minister has said he expects the country to become the world’s top oil producer within six to seven years, Reuters has reported. “We can’t find a reason to prevent Iraqi production becoming higher than any other Opec state or even states outside Opec,” Hussain al-Shahristani said. Unlike Opec’s 11 other members, Baghdad is not currently subject to the output targets the group uses to set supply levels. Iraq expects capacity to eventually reach up to 12 million bpd. [AMEInfo.com]

Iraq: Falah Alamri, head of Iraq’s State Oil Marketing Organisation has said the supergiant Rumaila oilfield will begin producing an extra 100,000 barrels per day by the beginning of July, Reuters has reported. Oil major British Petroleum and China’s CNPC had signed a 20-year development contract last year for the field, which has 17 billion barrels of estimated crude reserves. [AMEInfo.com]

The British Business Group (BBG) is one of the longest established organisations of its kind in the UAE. Mark Beer, Chairman & CEO, BBG, talks to Phil Blizzard about the groups activities, which range from forging strong business links between Dubai and the United Kingdom, to networking and social activities.

The Iraqi oil ministry will today sign the final contract over West al-Qarna-2 oilfield with Russia’s Lukoil and Norway’s Statoil, Aswat al-Iraq has reported. “The two companies pledged to up production to a peak of 1.8 million barrels per day at a rate of $1.15 per barrel of additional produced barrel,” oil ministry spokesman, Assem Jihad said. Located in southern Iraq, Qarna-2 has a huge reserve estimated to reach 13 billion barrels.

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