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HKN Energy to Develop Iraq's Hamrin Oil Field

Iraq Business News: Oil & Gas

The Ministry of Oil has signed an agreement in principle with HKN Energy to develop the Hamrin field in northern Iraq. He noted the importance of investing in associated gas to help power electricity generation stations. Earlier in the day, HKN reported an explosion at its Sarsang operations in Iraqi Kurdistan.

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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall.

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Iraqi PM Discusses Oil & Gas Investment with US Firm

Iraq Business News: Oil & Gas

The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associated gas. Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associated gas produced from its oil fields by 2028.

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Iraq Opens Central Gas Processing Facility at Block 9

Iraq Business News: Oil & Gas

The Ministry of Oil has inaugurated the Central Gas Processing Facility at the Al-Faihaa [Fayhaa, Block 9] oil field in Basra, with a capacity of 130 million standard cubic feet per day (MMSCFD). He emphasised that gas projects such as this are critical for ensuring a stable fuel supply for electricity generation. By John Lee.

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Vaquero Midstream’s 76 Miles Powerhouse Pipeline Expansion

Oil Gas Leads

Where the Pipe Runs: Counties & Context This new loop stretches across Loving, Pecos, Reeves, Ward, and Winkler Counties —the beating heart of West Texas’s oil and gas production corridor. These areas are cornerstones of the Delaware Basin, where associated gas volumes continue to surge alongside crude output. gas markets.

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Iraq Allows HKN Energy to Bypass Standard Qualification Criteria

Iraq Business News: Oil & Gas

The Iraqi Cabinet has approved an exception for US-based HKN Energy , allowing it to bypass the standard qualification criteria and receive a direct invitation to develop the Hamrin oil field in northern Iraq. Oil expert Ahmed Mousa Jiyad has questioned the agreement (see comments section at the bottom of [link] ).

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.

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