An engineering and construction unit under China's Sinopec Group has started building pipelines for Iraq's Maysan project that will help raise the oilfield's production to 460,000 barrels per day (bpd) by 2016, an industry website
Iraq has signed a $6 billion contract with Swiss company Satarem to build and operate a 150,000 barrels per day (bpd) oil refinery in the southern province of Maysan, the prime minister said.
Domestic demand for fuel is rising fas
Iraq has awarded $347.8 million worth of drilling contracts for the Maysan oilfields in the south of the country, a government statement said on Tuesday.
Iraq awarded the contracts to three international oil se
Iraq's Oil Ministry signed a final deal with China's CNOOC and state-run Turkish Petroleum Corporation (TPAO) on Monday to develop the 2.5-billion-barrel Maysan oilfield complex.
The deal is the 11th of a series
Iraq plans to sign a final deal with China's CNOOC and state-run Turkish Petroleum Corporation (TPAO) to develop the 2.5-bilion-barrel Maysan oilfield complex on Monday, a senior oil official said.
China's Sinochem is no longer a part of t
Iraq has signed an initial deal with China's CNOOC and Sinochem to develop the 2.5-billion-barrel Maysan oilfield complex, Oil Minister Hussain Al-Shahristani told Reuters on Sunday.
A final deal with both companies will be signed in t