Generation
Posted By OrePulse
Published: 04 Nov, 2024 12:16
Jereh, Petro Iraq Partner to Develop Iraq’s Mansuriya Gas Field
Jereh Group and Petro Iraq for Oilfield Development Co., Ltd. have signed a development and production contract with Midland Oil Company of Iraq (MdOC) to jointly develop the Mansuriya gas field.
This marks Jereh’s first venture as a developer in a major oil and gas project within the Middle East region.
The Mansuriya gas field is considered as Iraq’s second largest and is part of the country’s strategy to increase domestic energy production and reduce reliance on imports.
Under the terms of the contract, the Iraqi Ministry of Oil will repurchase all produced natural gas, liquefied petroleum gas, and condensate products once commercial production begins, ensuring Jereh’s investment and cost recovery.
Related Articles
Parliament Committee says no need to review three ...
10 Sep, 2024 07:57
Zimbabwe’s Biggest Miners Seek $182 Million for So...
12 Sep, 2024 06:57
GreenGo Energy Expands into Namibia with Strategic...
12 Sep, 2024 07:51
OPEC Fund approves $1.2 billion for development pr...
13 Sep, 2024 08:59
Floating solar starts to gather pace in Africa, as...
13 Sep, 2024 13:18
Prominent South African energy company files for l...
16 Sep, 2024 11:00
Libyan Export Decline and Fed Speculation Propel O...
17 Sep, 2024 08:00
South Sudan says it is ready to restart pumping oi...
17 Sep, 2024 13:23
Interest grows in Africa’s oil and gas hotspot...
18 Sep, 2024 10:42
South Africa Sanctions New National Petroleum Comp...
18 Sep, 2024 12:37Trending News
Logistic Other
UAE Industrial and Logistics Sector Set to Face Space Constraints in 2026...
09 Feb, 2026 10:15
47 min read
Energy Other
TotalEnergies and Petrobras snap up acreage north of Namibia's huge Mopane discovery...
09 Feb, 2026 10:08
45 min read
Energy Other
South African regulator says Eskom can increase charges more than previously approved...
09 Feb, 2026 09:57
43 min read