{"id":86861,"date":"2023-11-28T00:00:00","date_gmt":"2023-11-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/crescent-petroleum-awarded-exploration-rights-in-two-iraq-oil-fields\/"},"modified":"2023-11-28T00:00:00","modified_gmt":"2023-11-28T00:00:00","slug":"crescent-petroleum-awarded-exploration-rights-in-two-iraq-oil-fields","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2023\/11\/28\/crescent-petroleum-awarded-exploration-rights-in-two-iraq-oil-fields\/","title":{"rendered":"Crescent Petroleum awarded exploration rights in two Iraq oil fields"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Iraq awards Crescent Petroleum rights to two oil fields:<\/strong> The Iraqi Oil Ministry awarded Sharjah-based energy company <a target=\"_blank\" href=\"https:\/\/www.crescentpetroleum.com\/\" style=\"\" rel=\"noopener\">Crescent Petroleum<\/a> the rights to two oil fields in Iraq\u2019s fifth oil and gas licensing round, <a target=\"_blank\" href=\"https:\/\/jp.reuters.com\/article\/iraq-energy-oil\/crescent-petroleum-wins-the-rights-to-two-oil-fields-in-iraq-oil-ministry-idUSS8N3C6043\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The ministry now expects the oil company to submit its investment offering to explore the two fields.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crescent is no stranger to Iraq:<\/strong> Iraq activated three energy contracts inked with Crescent Petroleum <a target=\"_blank\" href=\"https:\/\/www.iraqinews.com\/iraq\/uaes-crescent-petroleum-to-develop-3-oil-and-gas-fields-in-iraq\/\" style=\"\" rel=\"noopener\">last month<\/a> to commence operations in developing oil and gas fields in Iraq. The three 20-year agreements with the Iraqi Oil Ministry were originally signed last <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/uaes-crescent-petroleum-develop-natural-gas-fields-iraq-2023-02-21\/\" style=\"\" rel=\"noopener\">February<\/a>, granting the UAE-based oil company the rights to develop oil and natural gas fields in Iraq's Basra and Diyala provinces in northeastern Baghdad. Under the contracts, the company is expected to produce 400 mn cubic feet of natural gas per day over 18 months. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The oil company is already developing other fields in Iraq<\/p>\n","protected":false},"author":1,"featured_media":86862,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[265,143,7,264,1396,266],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-crescent-petroleum","tag-energy","tag-enterpriseam-uae","tag-iraq","tag-oil","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"f5557631-bafa-4aa0-9caa-2289cb4f25e1","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/2020.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Crescent Petroleum awarded rights to two Iraq oil fields","related_issue":[86850],"teaser":"The oil company is already developing other fields in Iraq","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.efec7635-7864-445f-94dc-04d2e7c9ba2c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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