13 June 2008 A top-ranking Royal Dutch Shell official is in Baghdad this week to discuss a heads of agreement to establish a joint venture to invest in Iraq’s gas sector and process associated gas from southern fields for domestic and export markets, an Iraqi oil source told International Oil Daily Thursday. The talks, the first held in the Iraqi capital by a senior international oil company executive since 2003,…
Tag: Basrah
Shell, Iraq Push on With JV Gas Talks
6 June 2008 The Iraqi oil ministry and Royal Dutch Shell will launch a second round of talks in Damascus next week on establishing a joint venture in southern Iraq to exploit associated gas, a ministry source in Baghdad told International Oil Daily Thursday. The talks follow a first round of negotiations in late May aimed at concluding a heads of agreement this summer. The Anglo-Dutch supermajor submitted proposals to…
Iraq Names New Oil Company Chief
27 May 2008 Iraqi Oil Minister Hussein al-Shahristani has named the director-general of South Oil Co. (SOC), Jabbar al-Luaibi, as a special adviser. Al-Luaibi’s deputy at SOC, Kifah Numan, will take over as the new director-general in the coming days, an Iraqi oil source in Baghdad told International Oil Daily Friday. It is not clear why al-Shahristani moved al-Luaibi, but analysts said it could be because of a power struggle…
Iraq Punishes Oil Firms With KRG Deals
16 January 2008 Iraqi Oil Minister Hussein al-Shahristani has followed up on threats to punish companies that sign deals with the Kurdistan Regional Government (KRG) by canceling the memoranda of understanding (MOU) some had inked with his ministry, a ministry source told International Oil Daily from Baghdad Tuesday. This is the first concrete step toward depriving them of any future deals with Baghdad. Al-Shahristani had persistently told companies that Baghdad…