Daewoo Engineering & Construction said on Thursday it had won a $709 million order to build a central processing facility in Iraq's Akkas gasfield.
The South Korean builder said in a regulatory filing t
Qatar's Rasgas has agreed to sell South Korea's state-run Korea Gas Corp (Kogas) an additional 2 million tonnes a year of liquefied natural gas (LNG) for the next 20 years, the two companies said in a statement.
Kogas, one of the w
Iraq's oil ministry said it had signed a final deal with Korea Gas Corp (Kogas) to develop its Akkas gas field in the western province of Anbar, the country's largest with reserves of 5.6 trillion cubic feet.
Iraq had asked Kogas to develo
Iraq's cabinet approved a contract with South Korea's Kogas on Tuesday to develop the Akkas gas field in western Anbar province, an oil ministry source said.
Iraq awarded a development contract for Akkas, the country's largest
US-based Occidental Petroleum Corp and South Korea's Kogas have received their first cargo of crude oil as payment for helping to develop Iraq's Zubair oilfield, shipping sources told Reuters on Monday.
The vessel Hellespont Trooper left B
Iraq's oil ministry postponed the signing on Thursday of an initial deal with South Korea's Kogas and Kazakhstan's KazMunaiGas to develop the Akkas gas field in western Anbar province.
Oil Minister Abdul Kareem Luaibi said the
Iraq's oil ministry will sign an initial deal for the Akkas gas field with South Korea's Kogas and Kazakhstan's KazMunaiGas on Thursday, an oil ministry official said on Monday.
'After initialling the contract we will send
Iraq's Oil Ministry does not expect to sign an initial contract for the Akkas gas field until February, a senior oil official said on Wednesday.
Abdul-Mahdy al-Ameedi, head of the Oil Ministry's licensing and contracting office, sa
Iraq's oil ministry signed deals with foreign companies on Sunday to develop its Mansuriyah and Siba natural gas fields, as it tries to boost its energy production and break into the lucrative global gas market.
The Opec oil producer signe
South Korea's Kogas and KazMunaiGas Exploration & Production won a deal on Wednesday to develop Iraq's western Akkas gas field in Iraq's third energy auction since the 2003 US-led invasion.
The consortium, which bid against French oil