Iraq has postponed its fourth energy bidding round to March 7th-8th next year when it will award contracts for gas and oil exploration in 12 new blocs, an Oil Ministry official said.
Industry
GTSC opens IADC accredited training centre in Iraq
Gulf Technical & Safety Training Centre (GTSC), one of the largest Technical & Safety Training centres in the Middle East, has opened a new facility in Erbil, North Iraq, in order to provide courses for oil and gas professionals working in the region.
Leighton awarded US$523mn Iraq oil export deal
Leighton Offshore was awarded a contract in Iraq to expand oil export facilities in the south of the country.
Foster Wheeler wins FEED contract in Egypt
Investment in the MENA energy sector tops US$525 billion
Official estimates showed energy capital investments in the Middle East and North Africa (Mena) could total around US$525 billion during 2012-2016 according to a report by Arab Petroleum Investment Corporation (Apicorp).