Newsletter subscribe
Tag: Iraq

Dana Gas CEO expects "bumpy road" ahead for oil market as shale sets floor

Posted: June 2, 2016 at 3:08 pm   /   Oil & Gas

• Dana Gas boosts output to 70,000 barrels of oil equivalent/day. • Company plans to cut debt with awards from arbitration case. The oil market is heading for a “bumpy road” with prices close to levels that are profitable for U.S. shale producers, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC, which […]

No Comments read more

Egypt, Jordan & Iraq hold talks on Basra-Aqaba oil pipeline project

Posted: March 10, 2016 at 1:07 pm   /   Oil & Gas

Jordanian Minister of Energy and Mineral Resources will discuss in Cairo with his Egyptian and Iraqi counterparts developments regarding the Basra-Aqaba pipeline project that was agreed upon by the three countries in Amman in November 2015. According to a ministry statement, Saif is heading a delegation to Cairo to discuss activating a memorandum of understanding […]

No Comments read more

Final Signing of EGPC and Kuwait Energy Partnership for Oil and Gas Exploration in Iraq

Posted: October 1, 2015 at 6:43 pm   /   Oil & Gas

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources announced that EGPC signed a final agreement for a partnership with Kuwait Energy for exploration of oil and natural gas in Iraq, for the first time in the Egyptian Petroleum industry history. Under the agreement, Kuwait Energy conceded its 10% share in concession area No. […]

No Comments read more