What specific agreement is Iraq set to sign with Syria regarding oil infrastructure?

Iraq is set to sign a memorandum of understanding with the Syrian oil ministry on the construction of pipelines linking Iraq's oil production sites to global export markets via the Mediterranean.

Which international companies are involved in the newly authorized assessment of the Akkas field in Iraq?

The Iraqi cabinet authorized the oil minister to sign a memorandum with a consortium including ConocoPhillips, TI Capital, and Novaterra to begin discussions on assessing the exploration and development of the Akkas field and its surrounding areas.

Iraq to Sign Agreement with Syria on Building of Oil Pipelines

Jul 25, 2026

Iraq will sign an agreement with Syria to build oil pipelines linking production sites to Mediterranean export markets. The cabinet also authorized discussions with a consortium including ConocoPhillips for the Akkas field and put the Integrated Qayyara Project up for bidding.

bloomberg

2026-07-25

Iraq to Sign Agreement with Syria on Building of Oil Pipelines

Iraq to Sign Agreement with Syria on Building of Oil Pipelines

FAQ