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BP Partners Net Iraq Oilfield Contracts Worth $500m

BP has announced the first major contracts involving its partners on the rehabilitation of the Rumaila field in Southern Iraq. Three contractor groups were selected for drilling wells, worth a total of...

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CNOOC in Technical Service Contract for Iraq’s Missan Oil Fields

China’s CNOOC Limited has announced that, the Company, via its wholly owned subsidiary – CNOOC International Limited, together with Turkish Petroleum Corporation (TPAO), have signed a technical service...

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Iraqi Drilling Company Plans 76 Wells in 2011

Iraq’s state-run Iraqi Drilling Company plans to drill 76 wells in 2011 as part of a national effort to boost oil output to more than 200,000 barrels per day, the head of the firm said on Friday....

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Iraqi Drilling Company – 140 Wells in 2011

Citing a report from Reueters, we reported at the weekend that Iraq’s state-owned Iraqi Drilling Company was planning to dig 76 wells in 2011. But according to Aswat al-Iraq, the company dug 189 oil...

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Iraqi Drilling Company invites to bid for supplying fishing tools.

Iraqi Drilling Company , one of the Iraqi Ministry of Oil establishments invites to bid for supplying fishing tools , in accordance with the conditions & specifications , which can be obtained from...

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Iraqi Drilling Company Starts Work at Zubair

Reuters reports that Iraq’s state-run Iraqi Drilling Company has started work at the Zubair oil field under a $250 million contract to drill 23 new wells in the field. Director Idrees al-Yassiri said...

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Iraq Starts Drilling for Oil in Hamrin Mountains

The state-run Iraq Drilling Company started to drill and repair wells in the Hamrin mountains north of Baghdad for the first time in 21 years, according to Bloomberg. The company, affiliated with the...

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Iraqi Drilling Company invites to bid for supplying spare part for Drilling...

Iraqi Drilling Company , one of the Iraqi ministry of oil establishments , invites to bid for supplying (mechanical-electrical ) spare part for Drilling and Work over Rigs type Emsco , in accordance...

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Giant Oil Rig Heads to Hamrin

A large oil rig has arrived in the northern oil fields around Kirkuk to start work on reclaiming old oil wells and drilling new ones, according to AKnews. The wells of the Hamrin mountains were left...

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Dunia Weekly Iraq Market Tracker

Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market...

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More Details of Missan Oil Find

By John Lee. The Missan Oil Company (MOC) has announced the completion of the exploratory oil well in the Deema-1 [Dima-1] formation. Oil Minister Abdul Kareem Luaibi [Elaibi] said that the Deema oil...

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Iran, Iraq Sign Oil and Gas Drilling Pact

By John Lee. The National Iranian Drilling Company (NIDC) has signed an agreement with the Iraqi Drilling Company under which Iran will provide personnel training and supervision of Iraqi drilling...

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Dragon Oil Updates on Iraq Operations

As part of its trading statement and operational update this morning, Dragon Oil made the following statement on its operations in Iraq: The consortium (Kuwait Energy 70% and operator and Dragon Oil...

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Dragon Oil Spuds Iraqi Well

By John Lee. Dubai’s Dragon Oil reports that it has spudded an exploration well using a drilling rig from the Iraqi Drilling Company. The well is targeting two prospective reservoirs, and testing is...

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Antonoil Wins $18m Contract

By John Lee. China’s Anton Oilfield Services Group (Antonoil) has announced that it has won a bid for what it describes as “the provision of three well’s workover and other services in middle Iraq“. As...

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Gazprom Raises Production at Badra

By Simon Kent. Gazprom Neft, the Russian oil and gas giant, has announced increased production at the Badra field, reaching an aggregate production of 3 million tons in less than two years, according...

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