Three Gulf states — Bahrain, Qatar and the United Arab Emirates — have reaffirmed their solidarity with Kuwait following Iraq’s submission of maritime coordinates and maps to the United Nations, which they say infringe on Kuwait’s sovereign rights.
KBR has won a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field, the company has announced.
The Arab Energy Fund, a multilateral impact financial institution, has led and closed a $346 million Reserve-Based Financing (RBL) Facility for Kuwait Energy Basra Limited (KEBL), operator of Block 9 (Faihaa Field) in southern Iraq and a wholly owned subsidiary of United Energy Group Limited (UEG).
Oman Air, the national carrier of Oman, has launched its inaugural flight to the Danish capital, Copenhagen, via the Iraqi capital, Baghdad, as part of its plan to expand its international network.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have discussed the final preparations for launching the electricity interconnection project between the two entities.
DP World has announced the launch of a new 36-hour maritime service between Dubai’s Mina Rashid and Iraq’s Umm Qasr Port, providing a faster alternative to overland trucking and accommodating up to 145 accompanied trailers per sailing.
KBR, a leading provider of technology and engineering solutions, has been awarded a major contract to provide detailed engineering design services for Basrah Gas Company’s West Qurna-1 Low-Pressure Gas Capture Project in Iraq. The project is being delivered by AKT Oil Services under its engineering, procurement and construction contract with BGC.
Seven Opec+ countries have agreed to maintain their September 2026 required production levels for December, reaffirming their commitment to supporting stability in global oil markets.
Wood, a leader in consulting and engineering, has secured a new contract to deliver project management and engineering services for PetroChina at the West Qurna 1 oilfield in southern Iraq. Under the contract, Wood will manage engineering, procurement and construction projects.
The Iraqi Ministry of Electricity (MoE) and GE Vernova convened a workshop titled "Pathways to Meeting Iraq’s Energy Demand" in Baghdad to discuss initiatives for expanding the country's electricity supply.
