ALJUHUD Oil Services

Oil Market

Baghdad approves 3-month stop-gap funding for KRG

Three monthly loans of $538 million promise temporary relief to pay civil servant salaries, but unresolved questions loom for Kurdistan’s oil industry. SULAIMANIYA/ERBIL – The Iraqi government has approved a temporary framework for paying civil servants of the Kurdistan Regional Government (KRG), temporarily averting an imminent crisis of insolvency but also leaving major questions unanswered regarding the […]

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Technical talks signal potential progress on Iraq-Turkey Pipeline

Recent meetings show renewed efforts to set terms for reopening the export pipeline, but top-level political approval is hardly assured. ISTANBUL – A flurry of technical meetings between Turkish and Iraqi officials in recent days suggests there is revived momentum in negotiations to reopen the Iraq-Turkey oil export pipeline. Officials from Iraq’s state oil marketing

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Oil exports rise for second consecutive month

Iraq’s federal oil exports rose again in June, the second monthly increase since April, even as the Kurdistan region’s exports remained offline due to the continued shutdown of the northern export pipeline through Turkey. According to preliminary Oil Ministry data,* Iraq exported 3.335 million barrels per day (bpd) in June, up from 3.305 million bpd in May and 3.288 million bpd

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ALJUHUD: Pioneering Local Company Harnessing Modern Directional Drilling Technology in Iraq’s Oil Industry

ALJUHUD, a homegrown oil services company, has emerged as a trailblazer in Iraq’s oil industry by embracing modern directional drilling technology. As one of the first local companies to adopt these advanced techniques, ALJUHUD is revolutionizing the sector, driving economic growth, and contributing to the development of Iraq’s energy resources. This article delves into ALJUHUD’s

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QatarEnergy to Participate in Iraq’s Gas Growth Integrated Project (GGIP)

ِAccording to QatarEnergy QatarEnergy has agreed to hold a 25% share in the Gas Growth Integrated Project (GGIP) – a multi-billion-dollar project aimed at monetizing and developing the natural gas resources of the Republic of Iraq. The GGIP consortium will be composed of Basra Oil Company (30%), TotalEnergies (Operator – 45%), and QatarEnergy (25%), subject

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Eridu oil field

Facebook Linkedin The Iraqi Ministry of Oil issued a clarification on the Arido oil field, confirming that it was discovered in 2016. The statement issued by the Ministry, Friday, (12 November 2021), due to what was published by some media and news sites about the Eridu oil field, And the inaccuracy of the information reported

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