Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable ...

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

China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by ...

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

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

KBR has bagged the renewal of its engineering, procurement, and construction management contract with Basra Oil Company for the Majnoon Oil Field in Iraq for two more years. Under the contract, KBR ...

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 ...