Iraq. OPEC’s second-largest producer. had approached PetroChina and Exxon Mobil about investing in the project.
Read More »Chevron. Total Interested in Majnoon Oilfield
Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.
Read More »KRG Independence Referendum Won`t Impact Iraqi Oil Production
The KRG in recent weeks has resolved a series of its disputes with oil and gas firms ahead of next week’s vote.
Read More »Shell to Withdraw from Iraq`s Majnoon Oilfield
Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
Read More »Iraq Surpasses Its Plan to Reduce Oil Output Under Production Cut Deal
Iraq thus has fulfilled its obligations to reduce production by more than 100%.
Read More »Saudi Arabia. Iraq Discuss Economic Opportunities in Jeddah Meeting
Al-Falih told Arab News that they discussed Iraq’s huge mineral reserves. which have yet to be explored or invested in.
Read More »Iraqi Oil Minister Heading to Tehran
Iran'.s gas export to Baghdad via Khanaqin pipeline began in late June this year. Iraq and Iran have signed two agreements to transfer gas to Baghdad and Basra.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
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