gCaptain26 Jul 2026Macro
Automatically composed with AI from the cited sources
The Iraqi cabinet authorized the director general of Basra Oil Co. to sign a memorandum of understanding with the Syrian oil ministry for the construction of pipelines linking oil production sites to Mediterranean export markets. The cabinet also instructed the oil minister to sign a memo with a consortium of ConocoPhillips, TI Capital and Novaterra to begin discussions on assessing the exploration and development of the Akkas field and its surroundings, and announced that the Integrated Qayyara Project will be tendered.