Dana Gas, the Middle East’s first and largest regional private and publicly-listed natural gas company, and Crescent Petroleum, the region’s oldest private oil and gas producer, have commenced supplies of natural gas from the Khor Mor field in the Kurdistan Region to Iraq’s Ministry of Electricity in Kirkuk, to further support the electricity sector in Iraq.
Iraq and Türkiye have signed a one-year agreement to transport and load Iraqi crude oil through the Iraq-Turkey pipeline to the Turkish port of Ceyhan at a minimum rate of 750,000 barrels per day.
The Iraqi Ministry of Oil has signed a five-year integrated management contract with the US energy services company Halliburton for the development of the Bin Umar and Sindbad oil fields in Basra governorate.
Uptime Institute and Tech964 Holding Limited (T964), Iraq’s leading digital infrastructure company, have announced a landmark strategic partnership to accelerate Iraq’s digital transformation.
bp and Türkiye Petrolleri Anonim Ortaklığı (TPAO) have agreed terms for TPAO to acquire a 15 per cent interest in BP Energy Company of Kirkuk (BP ECKL), strengthening cooperation on the redevelopment of major oil and gas fields in Iraq’s Kirkuk region.
Iraq’s Council of Ministers has approved plans to expand oil exports through a proposed Mediterranean pipeline and advance exploration talks for the Akkas Field with ConocoPhillips, TI Capital and NovaTerr, supporting efforts to diversify routes and boost production.
Iraqi Oil Minister Bassem Mohammed Khudair said the value of the energy-sector contracts and agreements signed in Washington during during Prime Minister Ali Al-Zaidi's visit to the United States amounted to around $200 billion.
PepsiCo has signed agreements with partners Baghdad Soft Drinks and Green Iraq to expand manufacturing capacity, support farmers and create jobs in Iraq. This comes as part of its efforts to reinforce Iraq’s position as one of its top beverage manufacturing, bottling hubs in the Middle East.
bp and ConocoPhillips have agreed terms for ConocoPhillips to acquire a 42 per cent interest in BP Energy Company of Kirkuk Limited (BP ECKL), supporting the redevelopment of several large-scale oil fields in the Kirkuk area of northern Iraq.
Iraq has signed energy agreements with US firms including ExxonMobil, KBR and GE Vernova to advance oil and power projects, while progressing a Mediterranean Energy Corridor pipeline initiative with a planned capacity of two million barrels per day.