Industry

Oil exports in Iraq hit a new high in May

oil-barrel

Iraq exported 2.225mn bpd of crude oil in May, up 84,000 bpd from April and the highest level since the 2003 war.

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Vallourec acquires Zamil Pipes

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Vallourec agreed a deal to acquire Saudi Seamless Pipes Factory Company Limited (Zamil Pipes), the first processing company of seamless OCTG(1) in Saudi Arabia.

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Mott MacDonald opens new office in Iraq

mottmd

Mott MacDonald signed a lease agreement to move its South Iraq operations to Iraq Energy City a brand-new development built by Petronor in Basra.

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Iraq gives deadline to Shell to finalize gas deal

Iraq_Shell

Iraq has warned Royal Dutch Shell it needs to finalize a US$12 billion gas deal by next week or negotiations over the agreement would be cancelled, the country's deputy oil minister said.

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ENI to drill 68 new oil wells in Iraq

ENI_Iraq

Italy's ENI is speeding up work in Iraq's Zubair oilfield despite ageing facilities there and plans to drill about 68 new oil wells through next year to increase production, Iraqi officials said.

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