Page 3 - Hakkas News Today

RIYADH: Aligning with its strategy to seek new investments in the Middle East and North Africa region, Saudi Arabia’s sovereign wealth fund has created a unit with a capital of $3 billion to invest in industries across Iraq. According to Muteb Al-Shathri, acting CEO of the Saudi-Iraq Investment Co., the investment unit will be headquartered in the Kingdom and will look for

By John Lee. Iraq's Minister of Oil has announced an agreement with Saudi Aramco to invest in the development of the Akkas gas field in Anbar province. During his participation in the Iraqi-Saudi Coordination Council, Hayan Abdul-Ghani said the field will have a target capacity of up to 400 million standard cubic feet per day.

Saudi Arabias state oil and gas giant Aramco will invest in the development of the Akkas gas field in the Anbar province in western Iraq to boost production to 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdul Ghani said on Thursday

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Anil Kapoor's iconic catchphrase 'Jhakaas’ featured in his film Yudh, which was a hit upon its release in 1985.

By John Lee. Gas operations have begun at the Akkas gas field in Anbar governorate. A statement from the Ministry of Oil said production of 60 million standard cubic feet per day (MMSCFD) is being used to produce 90-95 megawatts of electricity. The State Company for Oil Projects (SCOP) built a 30-kilometer pipeline (pictured) to

By John Lee. The Iraqi Cabinet has approved the recommendation of the Ministerial Energy Council regarding a settlement agreement with the South Korean company Kogas, the operator of the Akkas gas field. The agreement includes a payment of USD 49 million in crude oil, to be made by the State Oil Marketing Organization (SOMO). According

Abdul Ghani said his country, OPEC’s second largest producer, plans to boost crude oil production to between 5-6 MMbpd or more, while adhering to OPEC’s limits, without further explanation about the timings to do so.

Actor Anil Kapoor extended heartfelt Navratri greetings to everyone in a filmy way.

By John Lee. Work has begun on the project to extend the gas pipeline from the Akkas gas field to the Akkas power station, in the Qaim district of Anbar Governorate. The General Manager of the State Company for Oil Projects (SCOP), Shaker Mahmoud Khalaf, said the pipeline (pictured) will be 35 kilometers in length.