Drawn by more lucrative contract arrangements, smaller Chinese producers are on track to double their output in Iraq to ...

This strategic move comes as some global majors have scaled back from these markets, which are traditionally dominated by ...

Chinese companies are reducing drilling costs, with prices now half what they were a decade ago. Executives say that these ...

State-owned Basra Oil Co. (BOC) has renewed an engineering, procurement, and construction management (EPCM) contract with KBR for work on Majnoon oil field in Iraq for an additional 2 years (OGJ ...

KBR renewed its EPCM contract with Basra Oil Company for the Majnoon Oil Field, enhancing production and local capacity.

HOUSTON, July 17, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has secured the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra ...

Iraqi forces invaded its neighbouring country, Kuwait, on August 2, 1990, marking the beginning of the Gulf War in West Asia.