1. Russia’s Stroytransgaz Bags Iraq E&P Deal

    ...-year contract this week to explore and produce oil and gas in western Iraq’s Block 17, a ministry statement confirms. The deal requires approval from the ministerial council, and given American sanctions on the firm due to its involvement in Russia’s 2014 annexation of Crimea, it could spark fierce US op...

    Volume: 62
    Issue: 36
    Published at Fri, 06 Sep 2019
  2. Iraq Sets New Oil Output Record As Jordan Exports Start

    ...lamic State (IS) insurgency in 2014-16, whilst Baghdad has also tested the upper limits of its export infrastructure. Since peaking at a whopping 3.63mn b/d in December (MEES, 4 January), Iraqi southern exports have averaged 3.43mn b/d throughout the first eight months of this year – less than 30...

    Volume: 62
    Issue: 36
    Published at Fri, 06 Sep 2019
  3. Algeria’s Gas Projects: Playing Catch-Up

    ...ntracts worth a combined AD53bn ($440mn) to local firms Cosider and ENGTP late last year to develop six fields around the periphery of the 4.4bcm/y-capacity Gassi Touil development, which came online in 2014. Cosider’s AD21bn contract will see it drill 25 wells and send raw gas output of 7mn m³/day (ar...

    Volume: 62
    Issue: 36
    Published at Fri, 06 Sep 2019