Monday 21 May 2018
 
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Basra

KBR wins contract to develop giant oilfield in Iraq

KBR, a major engineering, procurement and construction company, said it had been awarded a major contract by Basra Oil Company (BOC) for the development of the Majnoon oil field, one of the world's biggest oilfields, located in the Iraqi cit

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KBR wins contract to develop giant oilfield in Iraq

KBR, a major engineering, procurement and construction company, said it had been awarded a major contract by Basra Oil Company (BOC) for the development of the Majnoon oil field, one of the world's biggest oilfields, located in the Iraqi cit

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Mövenpick taps into Iraq’s hotel market potential

Mövenpick Hotels & Resorts will open a new property in Basra early this year as it looks to capitalise on the city’s status as Iraq’s economic capital and a regional oil and gas hub. The global hospitality fir

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Iran to pump gas to Basra by Q1 2018

Iran will start pumping gas to Basra, Iraq by March 2018 after completion of the gas pipeline project, a top government official said.   Iran currently exports 12 million cu m of gas per day to Iraq's capital Baghdad, Depu

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Iraq eyes 32-km rail link to Iranian city

Iraq’s state-run Iraqi Republic Railways (IRR) is working on an ambitious plan to link its port city Basra to Al Shalamcheh border terminal in neighbouring Iran through a 32-km-long extension, said a report. Several internat

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Iraq's southern oil exports seen steady through 2016

Oil exports from Iraq's southern ports have averaged 3.162 million barrels per day (bpd) so far this month, down slightly from May due to maintenance work and rising demand for fuel oil used in power generation, a senior oil official said.

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Iraq plans to boost Basra crude exports in June

Iraq plans to boost crude oil exports from its southern region to 3.47 million barrels per day in June, potentially beating a record volume set in November, a preliminary loading programme showed.   June's ex

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Iraq's southern oil exports rise to 3.36mbpd

Iraq exported oil from southern fields at an average rate of 3.364 million barrels per day in April, higher than the March average of 3.286 million, Oil Ministry spokesman Asim Jihad said. That is close to the record of 3.37 milli

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Falling Iraqi crude exports ease severe congestion at Basra port

Falling Iraqi oil exports have eased a huge traffic jam of tankers waiting to load crude at the Iraqi port of Basra, with queuing times falling by about a third this month, shipping data showed.   The easing cong

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Huge oil tanker traffic jam builds at Iraq's Basra port

A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading delays, with some waiting up to three weeks and costing ship operators around $75,000 a day per vessel.   S

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