Basra International Fair Ground, Al Maqal Port / Basra, IRAQ

2nd Basra Oil & Gas

Thursday, Nov 03, 2011

25- 28 November 2011
Basra International Fair Ground, Al Maqal Port / Basra, IRAQ


19 SPONSORS, 470 PARTICIPANT COMPANIES… THE FOREMOST OIL & GAS EVENT IN IRAQ!

2nd Basra Oil & Gas has exceeded all expectations and has proven it is going to be a much bigger success compared to the first edition. 19 Sponsors and 470 participant companies will welcome the high number of visitors expected. We invite you to participate in this biggest industry event of Iraq, along with local and international companies, global oil & gas giants and state companies from both Iraq and abroad, such as Shell, BP, ExxonMobil, Eni, Petro China, General Electric, Samsung, Siemens, Tenaris, South Oil Company, South Gas Company, Turkish Petroleum, Honeywell, Cameron, FMC Technologies, Mitsubishi and many more.

Largest in Iraq!

The 2nd edition of Basra Oil & Gas, taking place from 25-28 November 2011, is set to be the largest industry event to date in Iraq. It has already exceeded the record of the first event which hosted 218 exhibiting companies in 2010.

High Profile Conference

The conference will be held concurrently with the exhibition, with the theme "IRAQ ON TRACK IN CONTRIBUTING TO FUTURE WORLD ENERGY SUPPLY." As well as international and local industry professionals, officials from state companies and ministries will be joining this important summit. Conference will enable the Explorationists, Geoscientists and Engineers from the Oil and Gas Industry, Service and Manufacturing Companies, Finance, Universities and R & D institutions, to share their expertise, exchange ideas and experiences, update their knowledge and skills and discuss the latest progress and challenges facing the Petroleum Industry as well as, of course, networking and relational development.

Confirmed speakers briefing the conference delegates at the 2nd Basra Oil & Gas will be from; Ministry of Oil , South Oil Company, Qatar Petroleum, Novomet, Chimec, Endress Hauser, Mena Associates & Amereller Legal Consultants, Control Risks, Olive Group and Al Iraq Company for Safety and Fire Fighting Services.

Keynote speakers will be the senior level managers from Oilserv, Shell, Exxon Mobil, Turkish Petroleum Corporation and ENI.



To participate in the foremost oil & gas event of Iraq, kindly send all your enquiries to info@basraoilgas.com.

Source: Expotim International Fair Organizations Inc.

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Oil and Gas Exploration and Production Outlook in Iraq to 2015 – Production Analysis, Forecasts and Details of Major Crude Oil and Natural Gas Blocks and Fields
Posted on 27 October 2011.
“Oil and Gas Exploration and Production Outlook in Iraq to 2015 – Production Analysis, Forecasts and Details of Major Crude Oil and Natural Gas Blocks and Fields
Summary
GlobalData’s energy offering, “Oil and Gas Exploration and Production Outlook in Iraq to 2015 – Production Analysis, Forecasts and Details of Major Crude Oil and Natural Gas Blocks and Fields” is the essential source for industry data and information relating to the exploration and production industry in Iraq. It provides asset level information related to active and planned oil and gas fields and exploration blocks in Iraq. The profiles of major companies operating in the upstream industry in Iraq are included in the report. The latest news and deals relating to the sector are also provided and analyzed.
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.
Note: This is a on-demand report and will be delivered within 6 working days of the purchase.
Scope
- Updated information relating to all active exploration blocks
- Information on all the major operating and planned crude oil and natural gas fields as well as details on crude oil and natural gas production and reserves
- Provides historical data from 2003 to 2010, forecasts to 2015
- Details operators and equity partners of major oil and gas fields and exploration blocks
- Includes information relating to acreages of exploration blocks
- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes
- Key mergers and acquisitions, partnerships, private equity investments and IPOs
- Information on the top companies in the sector including business description and strategic analysis. Key companies covered include BP Plc, China National Petroleum Corporation , ENI S.p.A.
Reasons to buy
- Obtain the most up to date information available on exploration licenses and oil and gas fields.
- Identify growth markets and opportunities in the industry.
- Facilitate market analysis and forecasting of future industry trends.
- Facilitate decision making on the basis of strong historic and forecast data.
- Assess your competitor’s exploration and production asset portfolio.
- Understand and respond to your competitors business structure, strategy and prospects.
- Develop strategies based on the latest operational, financial, and regulatory events.
- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
- Identify and analyze the strengths and weaknesses of the leading companies.”
Price $2500
If you wish to purchase this report please order from IBN using PayPal or email publisher@iraq-businessnews.com We will invoice you with payment instructions. Your report will be emailed on receipt of payment. There are also site licenses and enterprisewide licenses of this report available, please email for more details.

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Oil pipeline leak threatening Basra water supply

Iraqi South Oil Company workers and government officials clean up after a pipeline leaked oil into the Bada'a channel, which provides Basra's water supply. (STAFF/Iraq Oil Report)
By BEN LANDO AND STAFF of Iraq Oil Report
Published November 3, 2011
An oil spill has endangered Basra's only source of fresh water, after the rupture of an aging oil pipeline scheduled to be replaced by a Chinese company.

"It is a disaster," said Kamal Latif, the deputy minister of environment, who said that 300 tons of oil – roughly equivalent to 2,200 barrels – has contaminated a 22 kilometer stretch of the Bada'a channel, which feeds the only water purification facility serving Basra's 2 million residents.

The pipeline runs from West Qurna, south pa...

You are here: Home » Oil » Production & Exports » Basra water, exports recover after pipeline spill
Basra water, exports recover after pipeline spill

Oil from West Qurna 1 leaked into the Bada'a channel in October, one of two main sources of water for Basra. (STAFF/Iraq Ol Report)
By STAFF of Iraq Oil Report
Published November 9, 2011
Neglect of basic maintenance was to blame for a pipeline spill that threatened Basra's water supply and last week contributed to a brief reduction in Iraq's southern oil exports.

"This problem happened because there was no periodic maintenance," said a senior Oil Ministry official. "Unfortunately, for no apparent reason, these processes have not been done recently."

The troubled pipeline runs from the West Qurna 1 oil field through northern Rumaila to the Fao storage facility.

It ruptu...
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Iranian influence seeping into Iraq
By LARA JAKES - Associated Press | AP – 4 hrs ago
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MANDALI, Iraq (AP) — Iran's presence is already visible in Iraq, from the droves of pilgrims at Shiite holy sites to the brands of yoghurt and jams on grocery shelves. But now Iraqis are bracing for a potential escalation of Persian influence as the U.S. military leaves at the end of the year.
It's a natural step, most agree, for the only two Shiite Muslim-led governments in the Sunni-dominated Mideast to expand their relationship. But it's a fine line for Iraq to walk, with even many in Iraq's Shiite majority wary of infringement of their country's sovereignty and afraid of being overrun by the Iranian theocracy.
From politics and weapons to pilgrims and consumer products, Iraqis have for years stood by as Iranian influence seeped in. It's been galling for many still bitter over the destruction that Iran heaped on their homes during the eight-year war in the 1980s that left a half-million people dead.
"We hated the Iranians. And there are still bad feelings," said Fouad Karim, a 36-year-old sheep trader in the northeast town of Mandali, about six miles (10 kilometers) from the Iranian border. The town was all but destroyed during the Iraq-Iran war, and travelers entering Mandali are greeted by a monument to a young woman killed by Iranian shelling at her own wedding in 1983.
"The government should not tolerate any Iranian interference, as our anger against them only gets worse when we hear about their deeds," said Karim, a Shiite.
Top Iranian officials maintain they are only strengthening diplomatic and economic ties with Iraq, as they have sought to do since the 2003 ouster of Saddam Hussein.
American officials, however, have long feared what they describe as Iranian meddling in Iraq — and its potential to sow unrest across the Mideast. Those worries were a chief driver of failed efforts to leave at least several thousand American troops in Iraq beyond the Dec. 31 withdrawal deadline.
At least three Shiite militias backed by Iran ramped up attacks on U.S. troops in Iraq this year in a warning not to stay beyond the deadline. U.S. and Iraqi intelligence officials said Iran supplied the militiamen with weapons, training and millions of dollars in funding. Those militias' strength will no doubt give them influence in Iraq after the withdrawal.
"Iran wants to make Iraq a weak state," says Maj. Gen. Jeffrey S. Buchanan, the U.S military spokesman in Iraq. "Iran is feeling increasingly isolated, and one of the ways it can avoid isolation is by co-opting Iraq."
During a trip last week to Baghdad, Iranian Foreign Minister Ali Akbar Salehi described the neighborly relationship as "two branches belonging to one tree" and dismissed U.S. accusations of interference. "Iraqis know better than anyone else how to run their country."
Michael Knights, a fellow at the Washington Institute for Near East Policy, says U.S. fears about Iran's influence are largely "overblown."
Experts and diplomats note that Iraq has stood up to Iran in a number of ways, including competition in oil production and crackdowns on militias attacking U.S. forces last summer. Iraq also has adhered to many U.S. and international sanctions against Iran.
Still, Knights acknowledges, "the more you think about it, the more examples there are" of Iranian influence. "They're circumstantial, but that's how behind-the-scenes influence works."
Prime Minister Nouri al-Maliki kept his job last year only after Iran pushed him to a detente with an old nemesis, anti-American Shiite cleric Muqtada al-Sadr. Al-Sadr, who was then studying religion in Iran, provided the political support al-Maliki needed to stay in power.
Since then, al-Maliki has all but ignored Iranian military incursions on Kurdish lands in Iraq's north. The government has delayed, and in al-Sadr's case, quashed, arrest warrants on militants backed by Iranian forces and financiers.
Despite al-Maliki's longtime anger at Syria for serving as a haven for Baathist and al-Qaida extremists, Iraq now is backing embattled President Bashar Assad, an ally of Tehran. Iraq also has sided with Iran to support Bahrain's Shiites under assault by the tiny kingdom's Sunni monarchy.
In Mandali, a mixed Kurdish-Arab city about 60 miles (100 kilometers) northeast of Baghdad, local officials complain Iran is taking advantage of the poorly marked 906-mile (1,458 kilometers) border to claim Iraqi territory with little to no resistance from Baghdad.
In the southern port city of Basra, a half-hour from the Iranian border and 340 miles (550 kilometers) from Baghdad, Iran is helping supply electricity and cheap goods to Iraqis who would otherwise go without.
Last summer, Iranian First Vice President Mohammed Reza Rahimi led a 170-firm business delegation to Baghdad, a visit Western diplomats in Baghdad saw as an Iranian move to muscle in on its economically stagnant neighbor.
But Sami al-Araji, chairman of the National Investment Commission of Iraq, downplayed the concerns.
"We are open for business and for trade with all those who are desiring to come into Iraq and to participate," al-Araji said. "Let the politicians take care of the politics."
Ghanim Abdul-Amir, a Basra provincial councilman, hopes one aspect of Iran's role will wane once the Americans leave. He said he has long complained to Iranian officials about weapons being smuggled into Iraq. The Iranians replied that it won't stop until U.S. troops are gone.
"The Iranians' answer is that they cannot prevent people from fighting the occupier," Abdul-Amir said.
Ironically, it was the U.S. who opened Iraq's door to Iran by ousting Saddam's Sunni-dominated regime, allowing Shiite parties with historic ties to Tehran to rise to power. Iraq's Sunnis deeply fear Iranian domination and the potential they will be even further shut out of the political process.
Sunni powerhouse Saudi Arabia has also sought influence in Iraq, in part to counterbalance Iran. Saudi Arabia is believed to have funded Iraqiya, the Sunni-dominated but secular political alliance that won the most seats in Iraq's national election last year but was unable to form a government.
Parliament Speaker Osama al-Nujaifi, Iraq's highest-ranking Sunni politician, warned last month that "if neighboring countries" see Iraq as weak, "there will be interference ... This interference does exist now" — though he diplomatically avoided mentioning Iran directly.
In Mandali, Iran has left an indelible fingerprint on the city of 50,000.
"Iran has quit the idea of invading Iraq with its military," said resident Bassem Mohammed, a 45-year-old Kurd, who lost a leg in the Iran-Iraq war. "Now they are trying to occupy Iraq's politics."
___
Associated Press Writers Sameer N. Yacoub in Baghdad and Nabil al-Jurani in Basra, Iraq, contributed to this report.
___
Follow Lara Jakes on Twitter at www.twitter.com/larajakesAP


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November 07, 2011 10:21 AM Eastern Time
Research and Markets: Iraq Oil and Gas Report Q4 2011 - Liquids production is set to rocket

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/484d17/iraq_oil_and_gas_r) has announced the addition of the "Iraq Oil and Gas Report Q4 2011" report to their offering.

“Iraq Oil and Gas Report Q4 2011”
Iraqi real GDP rose by an estimated 2.9% in 2010, and we are forecasting average annual growth of 5.7% in 2010-2015. We expect oil demand of an estimated 720,000b/d in 2011 to rise to 893,000b/d in 2015, depending on investment in infrastructure and the development of domestic production. Liquids production is set to rocket to as much as 6.2mn b/d by 2015 from an estimated 2.72mn b/d in 2011, although infrastructure development is key. Liquids output is set to 7.97mn b/d by 2020 with consumption at around 1.14mn b/d by that year.




Gas consumption is set to grow from 1.6bcm to 21.6bcm in 2011-2015, pending project progress at the Basra Gas joint venture and development of non-associated fields. Gas production will grow at a slightly higher rate, and we see pipeline gas exports from 2013. Gas production is set to grow to as much as 33bcm by 2020, with consumption at around 28bcm by that year.
We forecast that Iraq will account for 10.23% of Middle East regional oil demand by 2015, while providing 20.81% of supply. Iraq's estimated share of regional gas consumption in 2010 will have been 1.44%, while its share of production is put at 1.08%. By 2015, its share of gas consumption is forecast to be 4.67%, with the country accounting for 4.3% of supply.




Read more inside Iraq Oil and Gas Report Q4 2011

Companies Mentioned:

China National Petroleum Corporation (CNPC)
Royal Dutch Shell
Addax Petroleum
DNO International
Heritage Oil
Gulf Keystone Petroleum
BP
Eni - Summary
ExxonMobil
Lukoil
Gazprom Neft
MOL
Pearl Petroleum
Trkiye Petrolleri Anonim Ortakligi (TPAO)
Marathon Oil
Murphy Oil
Repsol YPF
Others
For more information visit http://www.researchandmarkets.com/research/484d17/iraq_oil_and_gas_r

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716


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Well over 200 foreign companies are now operating in Iraq. Many more will join them over the next two years.

Why? ...

because Iraq is one of the fastest growing emerging markets in the world. In spite of the inevitable problems your competitors may well be there before you.

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