WesternZagros gets Approval for Garmian Field Development
WesternZagros Receives Approval for Garmian Field Development Plan and Submits Kurdamir Field Development Plan WesternZagros Resources has announced the approval of the Garmian Block Field Development...
View ArticleBadra to hit 115,000 bpd in 2017
By John Lee. The First Deputy Chief Executive Officer of Russia’s Gazprom Neft has said that the company plans to boost oil production at Iraq’s Badra oil field from 65,000 barrels per day at present...
View ArticleKRG, Russia discuss Cooperation in Energy Field
On the sidelines of the SPIEF’16 – St. Petersburg International Economic Forum, Kurdistan Region Prime Minister Nechirvan Barzani and his delegation met Mr. Alexander Novak, Russian Minister of Energy....
View Article10th Production Well Commissioned at Badra Oil Field
Russia’s Gazprom Neft has commissioned its 10th production well (P-07) at the Badra oil field. Together with the other wells at the field, the P-07 well is in free-flow production. With production...
View ArticleWesternZagros Announces Results
By John Lee. WesternZagros Resources has announced its operating and financial results for the second quarter ended June 30, 2016. Commenting on the second quarter results and subsequent events,...
View ArticleGazprom Raises Production at Badra
By Simon Kent. Gazprom Neft, the Russian oil and gas giant, has announced increased production at the Badra field, reaching an aggregate production of 3 million tons in less than two years, according...
View ArticleGazprom Commissions three New Wells at Badra
Gazprom Neft Badra — a subsidiary of Russia’s Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is...
View ArticleFive-millionth tonne of Oil Produced at Badra
Gazprom Neft Badra, a subsidiary of Russia’s Gazprom Neft, has produced the five-millionth tonne of oil at its Badra oil field. Thanks to the application of cutting-edge production and transportation...
View ArticleWesternZagros Announces 42% Production Increase at Sarqala-1
WesternZagros Resources has announced that the operator, Gazprom Neft Middle East B.V. (“Gazprom Neft”), has successfully performed an acid stimulation on the Sarqala-1 well located on the Garmian...
View ArticleBarzani meets Gazprom Neft head in Russia
By John Lee. KRG Prime Minister Nechirvan Barzani and his accompanying delegation have met with the head of Gazprom Neft, Alexander Dukov, in St Petersburg. Dukov briefed the Prime Minister about the...
View ArticleGazprom, Luaibi discuss Badra Oil Project
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Jabbar al-Luaibi, Minister of Oil of the Republic of Iraq, took place in St. Petersburg today. The parties...
View ArticleTrial Shipments of LPG from Badra Oilfield
By John Lee. Russia’s Gazprom Neft has reportedly started production of liquid petroleum gas (LPG) at its Badra field in Wasit Province. According to Energy Business Review, the company has started...
View ArticleGazprom’s Largest Ever Maritime Shipment – from Badra
Gazprom Neft Badra, operator of the Badra field, has undertaken the largest ever maritime shipment of oil for export in the company’s history, with 1.78 million barrels of hydrocarbons being despatched...
View ArticlePetrofac in Kurdistan Deal with Gazprom Neft
Petrofac has secured a three-year master services agreement (MSA) to support Gazprom Neft Middle East B.V. with the provision of engineering services on a call-off basis for the Garmian field in the...
View ArticleGazprom Neft not to Cut Production at Badra
By John Lee. Russia’s Gazprom Neft has said it expects production at the Badra oilfield to stay between 85,000 and 90,000 barrels per day (bpd) in 2018. Deputy chief executive Vadim Yakovlev (pictured)...
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Gazprom Neft commissions New Gas Plant at Badra
Russia’s Gazprom Neft has launched the commercial operation of a 1.6 billion cubic metres capacity gas processing plant at its Badra field, Iraq. Alexander Novak, Minister of Energy of the Russian...
View ArticleGazprom Neft Halves Badra Production Target
By John Lee. Russia’s Gazprom Neft has reportedly revised down its output plateau for the Badra oil field. Denis Sugaipov, head of Gazprom Neft’s department of large projects, told Reuters that the...
View ArticleGazprom Neft commissions Second Well at Sarqala
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a second well — the Sarqala-2 — at its Sarqala field (within the Garmian block), located in the Kurdistan Region of Iraq (KRI)....
View ArticleRussia wants More Projects with Iraq
By John Lee. Russian Foreign Minister Sergey Lavrov has said that Moscow is very interested in increasing trade, economic and investment ties with Iraq. Following a meeting on Wednesday with Iraqi...
View ArticleGazprom Neft expands Oil Production at Sarqala
Russia’s Gazprom Neft has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI) Potential production at this new well is estimated at 12,000 barrels per day....
View ArticleRussia’s Gazprom Neft interested in Expanding in Iraq
By John Lee. Russia’s Gazprom Neft is reported to be interested in expanding its operations in Iraq. Reuters says boss Alexander Dyukov told the annual general meeting on Friday that the company, which...
View ArticleGazprom Neft starts shipping Sulphur from Badra
Gazprom Neft subsidiary Gazpromneft-Badra has begun shipping granulated sulphur from its Badra oilfield in Iraq — the unique gas infrastructure installed by the enterprise here having made it possible...
View ArticleThe Future of Iraq’s Oil Is Russian
By Vera Mironova and Mohammed Hussein, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. With ongoing protests...
View ArticleGazprom Neft Increases Production in Kurdistan
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI)....
View ArticleRussian Visit Strengthens Ties with Iraq
By John Lee. Iraqi President, Dr. Abdul Latif Jamal Rashid, received Russian Foreign Minister Sergey Lavrov and his accompanying delegation on Monday. President Rashid highlighted the importance of...
View ArticleGazprom Neft to deploy "Private Military" to Iraq?
By John Lee. Ukraine's Ministry of Defense has reportedly warned about the formation of a "private military company" by Russian oil giant Gazprom Neft. Time magazine says that the Ukrainian government...
View ArticleRussia may Triple Investment in Iraqi Oil
By John Lee. Investment by Russian oil and gas companies in Iraq may increase three-fold, according to a report by Tass. It quotes Russian politician Yury Fedorov [Nikolay Vasilyevich Fyodorov] as...
View ArticleGazprom "Not Reducing Investment" in Iraqi Kurdistan
By John Lee. Russia's Gazprom Neft has reportedly said it will not reduce investment in its projects in Iraqi Kurdistan, despite a request from the Kurdistan Regional Government (KRG) to do so. Reuters...
View ArticleGazprom Neft developing Fourth Well at Sarqala
By John Lee. Russia's Gazprom Neft has produced its four-millionth tonne (32-millionth barrel) of oil since starting commercial development of the Sarqala field in the Kurdistan Region of Iraq (KRI)....
View ArticleIraqi Oil Minister meets with Gazprom Officials in Russia
By John Lee. During his official visit to the Russian Federation, Deputy Prime Minister for Energy and Oil Minister, Hayan Abdul Ghani, met with Alexander Dyukov, Chairman of Gazprom Neft's Board of...
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