Oil and Gas Fields: Siba Gas Field

ScreenHunter_1726 May. 11 16.50Name: Siba

Controlled by: Ministry of Oil (Baghdad).

Location: Basra governorate, 30 km south-east of Basra city.

Discovery: 1968

Reserves: 1.1 tcf gas

Size: Approximately 21 km long and 6-13 km wide.

Developed byKuwait Energy (25%), Türkiye Petrolleri Anonim Ortaklığı (TPAO) (30%), Egyptian General Petroleum Corporation (EGPC) (20%), Maysan Oil Company (MOC) (25%).

Kuwait Energy originally had a 45% share, but farmed out a 20% stake to EGPC in October 2016.

Contract granted: 2010

Contract duration: 20 years.

Other companies involved in the development: Petrojet 

For latest news on the project please click here.

A full list of oil and gas fields controlled by the Ministry of Oil in Baghdad can be found here.