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Ramco Energy and Iraqi Government Sign Historic Oil Services Joint Venture Agreement

Ramco Energy plc, the Aberdeen-based energy investment company, announces that its associated company MPC and the Iraqi Drilling Company (“IDC”) the Iraqi state-owned drilling company have signed a joint venture (“JV”) agreement  >> More..

Iraqi oil gets better security with U.S.-contracted Umm Qasr port revamp

Iraq's navy is paying the U .S. Army Corps of Engineers to revamp part of Umm Qasr port in southern Iraq, vital to security of Iraq's southern oil exports.  >> More..

Suits follow soldiers in Iraq's south

As our Merlin military transport helicopter scudded over the flat dun landscape of southern Iraq, the rear gunner threw himself from side to side on the open tail-flap, peering down this way and that, ever on the alert for potential danger.  >> More..

UPDATE 4-UK firm gets 1st of possibly many Iraq well deals

Iraq's Oil Ministry and British firm Mesopotamia Petroleum Company signed a joint venture deal on Thursday to drill 60 new oil wells per year, starting with oilfields in the south of the country.  >> More..

Orderly Transition - Iraqi Navy prepares to protect key oil platform

BAGHDAD – The leadership of the Iraqi Navy and their Multi-National Security Transition Command – Iraq partners met here at the Blackhawk Conference Center in the International Zone Feb. 17 to go over plans for the orderly transition of the offshore Khwar Al Amaya Oil Terminal to Iraqi control.  >> More..

South Korea Signs $3.55 Billion Iraq Oil Field Accord By Heejin Koo and Shinhye Kang

South Korean President Lee Myung Bak and his Iraqi counterpart Jalal Talabani signed the deal to develop the oil field in Basra, where most of Iraq’s crude reserves are located, Lee’s office said in a statement after the two leaders met in Seoul today.  >> More..

$3.55 billion Iraq oil deal signed Korea would gain access to large fields near Basra port

South Korea and Iraq agreed yesterday on a $3.55 billion oil-for-development deal, the Blue House said yesterday  >> More..

Iraq says 38 more firms applied to bid for oil

Iraq has received submissions from 38 international energy companies to qualify for a second round of bidding for contracts to work on some of its prized oil and gas fields, an Iraqi oil official said on Tuesday.  >> More..
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