Agreement was signed with Total in September last year Iraq has denied that the $27bn energy deal that it signed with France’s TotalEnergies is stalling. In a statement, the country’s oil ministry confirmed “its keenness to implement the contracts under the deal with the international company Total”. It added: “The ministry is surprised by the inaccurate information in
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Common Seawater Supply Project (CSSP) package is estimated to be worth $1.5bn Contractors have submitted revised bids to win the pipeline contract that forms part of Iraq’s $4bn Common Seawater Supply Project (CSSP), according to industry sources. “Iraq has become more concerned about financing options for the project,” said one source. “Proposals had to be updated rec
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The Kurdish Regional Government has been told to hand over all crude supplies Iraq's federal court has ruled that an oil and gas law regulating the oil industry in Iraqi Kurdistan is unconstitutional and demanded that Kurdish authorities hand over their crude supplies, according to official documents published online. The Kurdish Regional Government (KRG) enacted its own
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By Nidhi Verma and Marianna Parraga NEW DELHI/MEXICO, Feb 8 (Reuters) - Indian Oil Corp (IOC) (IOC.NS), the country's top refiner, will increase crude purchases from Iraq by 11.5% in 2022 to 390,000 barrels per day (bpd), partly to make up for a shortfall from Mexico and a possible supply cut from Kuwait, two sources familiar with the matter said. Iraq is the
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By Irina Slav - Jan 24, 2022, 9:30 AM CST Iraq is already scheduling crude oil shipments for delivery in March thanks to strong demand, the deputy head of the State Organization for the Marketing of Oil, or SOMO, told media in Baghdad, as quoted by Reuters. Ali Nizar also told media that Iraq's oil exports were stable this month and were going to be slightly higher ne
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