Tag Archives | Maysan Oil Company (MOC)

Zubair Oil Production hits 500k bpd

By John Lee. Zubair oilfield has reportedly reached a production level of 500,000 barrels of crude oil per day (bpd). According to Business Korea, Kogas made the announcement on Thursday, adding that its “second-stage goal” is 700,000 bpd. The project is being developed by Eni (32.81%), Kogas (18.75%), Maysan Oil Company (25%), and South Oil […]

Increased Oil Production at Halfaya

By John Lee. Production at Halfaya oilfield has reportedly increased by 100,000 barrels per day (bpd) to a total of 370,000 bpd. Adnan Noshi, head of Maysan Oil Company, told Reuters that output rose after the completion of a new oil processing facility. A further increase to 470,000 bpd is expected next quarter. (Source: Reuters)

INOC takes over 9 State Oil Companies

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has transferred ownership of nine state-owned oil companies from the Ministry of Oil to the newly-created Iraqi National Oil Company (INOC). The Minister is also the President of INOC. The companies transferred to INOC ownership are: Iraqi Oil Exploration Company Iraqi Drilling Company (IDC) State […]

Shell to Exit Iraqi Oil Business

By John Lee. Oil giant Shell is trying to sell its stake in the Majnoon oilfield (pictured) in southern Iraq, following a failure to reach agreement with Iraq’s Ministry of Oil. A Shell spokesman told UAE-based newspaper The National: “Following extensive discussions with the Ministry of Oil, the oil minister of Iraq formally endorsed a […]

Iraq Drills first Well in Huwaiza Oil Field

By John Lee. The Ministry of Oil announced on Sunday that it has started drilling the first well in the Huwaiza [Huweiza] oil field near the Iranian border, in Maysan [Missan] governorate. The field is being developed by Missan Oil Company (MOC), with drilling being carried out by the Iraqi Drilling Company (IDC). Geological studies […]

Iraq to Develop Howaiza Oil Field

By John Lee. The Maysan Oil Company (MOC) wants to develop the Howaiza oil field, an associated field located on the Iranian border and extending to 63 kilometers to the east of Maysan governorate. Mr. Adnan N. Sajit, the director general of the MOC, said the first well was drilled at the Howaiza field at […]

Four More Wells Completed at Halfaya

By John Lee. The Missan Oil Company (MOC) has announced for the completion of four new wells at the Halfaya field in Maysan province. Adnan N. Sajit, the director general of the MOC, said that the Chinese companies Bohai and Daiken had completed the drilling at the field, which is being developed by Petrochina (CNPC). […]

Five New Wells Completed at Halfaya

By John Lee. Iraq’s Ministry of Oil has announced the completion of five new oil wells at the Halfaya oil field. Mr. Adnan N. Sajit, the director general of the Maysan Oil Company (MOC), said the drilling was done by two Chinese companies contracted by Petrochina, the main operator of the field. Production at Halfaya […]