Saturday 12 July 2014

Daewoo wins $709m Iraq gas field contract

South Korea's Daewoo Engineering & Construction has won a $709 million service contract to develop Iraq's largest gas field in the western province of Anbar, the cabinet secretary said on Monday. Daewoo E&C will ha


Iraq signs final Akkas gas deal with Kogas

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 cabinet approves Kogas deal

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


KazMunaiGas pulls out from Iraqi gas project

KazMunaiGas Exploration Production has withdrawn from talks to develop the Akkas natural gas field in Iraq after failing to reach agreement with the government, the company said. The Kazakh company, together with South Korean state-run Kor


Iraq delays Akkas gas deal

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


Edison ‘may bid for Iraq’s Akkas gas field’

Edison, Italy's second-biggest utility, may bid for Iraq's Akkas natural gas field in the government's third bidding round for service contracts, two company officials said on Monday. The sweet gas at Akkas, which has estimated reserves of

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