Thursday 25 April 2024
 
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Japan's Jogmec to invest in Iraq project

State-run Japan Oil, Gas and Metals National Corp (Jogmec) said on Thursday it expects to provide about 16.3 billion yen ($198 million) of capital in 2011-2012 to Iraq's Gharaf oilfield development project. Japan Petroleum Exploration Co (

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Petronas, Japex to invest $7bn in Iraq

Japan Petroleum Exploration Co (Japex) and Petronas of Malaysia will jointly invest a total of about $7 billion to develop Iraq's Gharaf oilfield, the Nikkei business daily reported on Sunday. Oil Minister Hussain Al-Shahristani said o

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Japex in talks to develop big Iraq oilfield

Japan Petroleum Exploration Company (Japex) entered negotiations with Iraqi authorities to develop a giant oilfield in the Middle Eastern country, the Nikkei business daily said on Thursday. The company has its sights set on the East Baghd

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