Iraq Mega Projects Press Releases

Industy Articles 

Iraq, Oil Majors Agree To Build Oil Field Water Injection Plant

Iraq has agreed with oil majors to build a multi-billion-dollar oil field water injection plant in the south of the country, after disagreement over costs that suspended the project for months, a senior Iraqi official said Wednesday...Read More

Iraq Outlines Oil Production Strategy To 2030

The Iraqi government has teamed up with Booz & Company and the World Bank in preparing a so-called an integrated energy strategy outlining three scenarios for the country's oil production from 2012 to 2030...Read More

UPDATE: ExxonMobil, BP, Eni Investing $100B To Develop 3 Iraqi Fields-Official

Exxon Mobil Corp. (XOM), BP PLC (BP) and Italy's Eni SpA (E) will spend around $100 billion to upgrade three oilfields in southern Iraq, the top energy advisor to the Iraqi Prime Minister said Wednesday. Thamer Ghadhban said some $50 billion would be spent to upgrade the supergiant West Qurna Phase 1 oilfield which is being developed by Exxon Mobil. The remaining $50 billion will be spent by BP and Eni to upgrade the Rumaila and Zubair oil fields respectively, he added...Read More 

Citadel awarded Iraq oil refinery contract

Citadel Capital, an Egyptian private equity firm, has won a contract from Iraq's government to build an oil refinery in the country with capacity of 150,000 bpd...Read More

Iraq's al-Ahdab oil field starts production at around 40,000 bopd

An Iraqi oil official says China National Petroleum Corp (CNPC) has begun pumping oil from al-Ahdab oil field in central Iraq. Oil Ministry spokesman Assem Jihad says production started Saturday at about 40,000 barrels per day and will be ramped up to 60,000 barrels per day over the next week...Read More

CNPC completes first phase of Al-Ahdab field in Iraq

China National Petroleum Corp (CNPC), the first foreign oil company to sign an oil service contract in Iraq after former president Saddam Hussein was toppled, on Monday said that it completed construction of the first phase of the Al-Ahdab oilfield on June 21...Read More

Iraq struggles to boost oil production

RUMAILA OIL FIELD, Iraq — Here in Iraq’s southern desert, efforts to boost oil production have pushed the country’s dilapidated oil infrastructure to the brink...Read More

Chinese company begins construction of 100,000 bpd oil field in southern Iraq

A Chinese company has began construction of a large oil field in southern Iraq's Halfaya area, with a productive capacity of 100,000 barrels per day (bpd), Missan Oil Company's Director said on Saturday...Read More

Iraq Shortlists 4 International Firms For Basra Oil Terminal

Iraq's South Oil Company, the largest government utility by crude oil production, has shortlisted four international companies for the contract to build a loading terminal at the southern port of Basra, with a value of $500 million, a person at the company said Monday...Read More

CWC Press Releases

Key Industry Developments Discussed at Iraq Mega Projects 2011

Senior executives and industry experts gathered at the three day conference and seminar Iraq Mega Projects 2011 hosted by The CWC Group at the Ritz Carlton, Istanbul between the 18-20 October 2011. Focusing on the recent developments of Iraq’s oil and gas fields, water projects drilling activates, infrastructure growth and corporate social responsibility the event proved to be a great success... Read More

Iraq Mega Projects 2011: Conference Dates Announced

Following the success of the first Iraq Mega Projects conference last year, which offered access to high level decision‐makers of Iraq’s Mega Projects, CWC today announced dates for the second conference which takes place in Istanbul, Turkey on 18‐20 October 2011...Read More 

Iraq Mega Projects 2011: Chinese Company China Petroleum & Engineering Corp. (CPECC)

Awarded $174 Million Contract 

The Chinese oil firm China Petroleum and Engineering Corp. (CPECC) have been awarded a $174 million contract to build three crude processors, and has begun work on the contraction on the first production network of southern Iraq’s Halfaya Oil Filed...Read More

Iraq says $30 Billion Needed for Oil‐Refinery Projects

According to U.S Energy Information Administration data, Iraq generates the majority of its revenue by exporting oil and importing about 30% of the gasoline it uses. The country is now seeking $30 billion in foreign investment to build refineries and develop oil and gas fields to avoid importing gasoline and diesel...Read More

For More Information Contact:

Hanisha Mohammad
Marketing Manager
CWC Group Ltd, Regent House, 16-18 Lombard Road, London, SW11 3RB, United Kingdom

Tel: +44 20 7978 0344
Email: hmohammad@thecwcgroup.com