Energy, Oil & Gas

Arab Energy Fund closes $346m financing for Iraq’s Block 9

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). ...

Energy, Oil & Gas

GCC Interconnection Authority, Iraq finalise plans for major electricity link

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. ...

Energy, Oil & Gas

Wood wins new engineering contract at Iraqi oil field

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....

Energy, Oil & Gas

Iraq's Ministry of Electricity, GE Vernova hold future energy workshop

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....