MOO Announce the Formation of Thi Qar Oil Company

The Iraqi Ministry of Oil announced the completion of all its legal procedures to form the new Thi Qar Oil Company.

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MOO Postpones Nasiriya Integrated Project Licensing to June 2014

Petroleum Contracts and Licensing department in Ministry of Oil announced of postponing the Nasiriya Integrated Project licensing round to next June 2014.

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Maysan Expected to Increase Oil Production to 1 Million br/day

Maysan Oil Company officials predicted that oil production from the company’s oilfields will reach about one million barrels per day at the end of 2016.

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MoO Announce 23rd Jan for Nasiriya Integrated Project Licensing Round

The Iraqi ministry of oil announced that Al-Nasiriya Integrated Project Petroleum Licensing Round will be conducted on January 23rd 2014.

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IMF Might Disprove 2014 Iraq’s National Budget

In the last few days, the economic community expressed of fear that the International Monetary Fund might rejects Iraq’s 2014 National budget.

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Thi Qar Province Reaches 110 Thousands b/d Oil Production

Thi Qar Oilfields Authority a subsidiary of South Oil company announced that it reached 110,000 barrels per day oil production capacity.

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Iraqi House of Representatives is Offline

Just at the end of the legislative term vacation, the Iraqi House of Representative's chairman and the political parties leaders gave the MPs another vacation which will last to the beginning of 2014.

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Two Explosions in North Rumaila Oilfield Area

 

Official sources in Basra stated that two explosions occurred in North Rumaila complex, one of Basra province's biggest oil production oilfields.

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