Eni, BP and TotalEnergies partially evacuate Iraq; Lukoil maintains operations

Following US strikes in Iran, international energy companies partially evacuate their teams from Iraq as a precaution, while Lukoil maintains its entire personnel on southern oilfields.

Share:

Several major international energy companies operating in Iraq have taken preventive measures by reducing their on-site personnel following recent military strikes targeting Iranian nuclear facilities, according to information published by Reuters and TASS on June 23.

Eni confirms partial evacuation

The Italian group Eni has reduced its presence at the Zubair oil and gas field, located in southern Iraq, according to a spokesperson quoted by Reuters. This decision is part of a series of precautions adopted by various foreign companies in the region following joint strikes carried out by the United States and Israel against strategic sites in Iran. These strikes represent the largest Western military operation against Iran since the Islamic Revolution of 1979. Eni’s spokesperson specified that the company maintains close monitoring and ongoing cooperation with regional authorities.

Lukoil remains operational according to Basra Oil

Conversely, Russian company Lukoil has opted not to evacuate its personnel, as officially confirmed by Basra Oil Company, an Iraqi state-owned company responsible for managing several oilfields in the southern part of the country. In its statement posted on its official Facebook page, Basra Oil explicitly states that “Lukoil has not evacuated its personnel, and all its employees continue their work on the fields.” The company also clarified that evacuations by other foreign energy companies have thus far had no impact on production volumes.

BP and TotalEnergies also concerned

British oil major BP and French company TotalEnergies have also carried out partial evacuations, following similar precautions to Eni, according to Basra Oil Company. However, the two companies have not provided specific details on the exact number of their employees affected by these measures. Chevron, also active in the region, declined to specifically comment on the situation, merely reiterating its absolute priority concerning the safety of its personnel and facilities.

Oil production unchanged

Despite these precautionary measures, Basra Oil Company indicated that oil production operations in the affected fields continue normally. These fields, notably Zubair, represent strategic assets essential to the Iraqi economy. Future developments will therefore be closely monitored by global oil industry players due to their potential implications for international energy markets.

Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.
Diamondback Energy posted a $699mn net income for the second quarter of 2025 and accelerated its share repurchase programme, supported by record production and an upward revision of its annual guidance.
Swiss group Transocean reported a net loss of $938mn for the second quarter 2025, impacted by asset impairments, while revenue rose to $988mn thanks to improved rig utilisation.
The rapid commissioning of bp’s Argos Southwest extension in the Gulf of America strengthens maintenance capabilities and optimises offshore oil production performance.
Eight OPEC+ countries boost output by 547,000 barrels per day in September, completing their increase program twelve months early as Chinese demand plateaus.
New Delhi calls US sanctions unjustified and denounces double standard as Trump threatens to substantially increase tariffs.
BP posts a net profit of $1.63 bn in the second quarter 2025, driven by operational performance, an operating cash flow of $6.3 bn and a new $750 mn share buyback programme.
The Saudi oil giant posts solid results despite falling oil prices. The company pays $21.3 billion in dividends and advances its strategic projects.
Dangote Group appoints David Bird, former Shell executive, as head of its Refining and Petrochemicals division to accelerate regional growth and open up equity to Nigerian investors.
Faced with falling discounts on Russian oil, Indian Oil Corp is purchasing large volumes from the United States, Canada and Abu Dhabi for September, shifting its usual sourcing strategy.
Independent Chinese oil companies are intensifying their investments in Iraq, aiming to double their production to 500,000 barrels per day by 2030 and compete with the sector’s historic majors.
The eight voluntary OPEC+ members accelerate their market return in September despite weakened global demand and record production from the Americas.
BP has announced the discovery of an oil and natural gas field off the coast of Brazil, in the Santos Basin, marking its most significant find in a quarter of a century.
The dispute over the Corentyne block licence pits Frontera Energy and CGX Energy against the Guyanese government, amid major contractual and offshore investment stakes in the oil sector.
Chevron resumes the shipment of Venezuelan oil to the United States after a multi-year suspension due to sanctions, highlighting the persistence of oil flows between the two countries.
A fire broke out at a Sotchi oil depot after an attack by Ukrainian drones, causing no casualties but temporarily disrupting air traffic and mobilising significant emergency resources.
The consortium formed by ONGC (40%), Reliance (30%) and BP (30%) has signed a joint operating agreement for block GS-OSHP-2022/2, marking the first tripartite collaboration in Indian oil exploration.
Serbia has secured a new 30-day reprieve from the application of US sanctions targeting NIS, operator of the country’s only refinery, which is majority owned by Gazprom.
OMS Energy Technologies Inc. reports solid financial results for 2025, driven by marked revenue growth, improved gross margin and a reinforced cash position in a shifting market.
Five employees injured in an explosion at the Pascagoula refinery are suing Chevron for negligence, seeking significant compensation and alleging major breaches of safety regulations.