Tag Archives | North Oil Company (NOC)

Iraq Oil Exports Down Slightly in February

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for February of 101,387,615 barrels, giving an average for the month of 3.621 million barrels per day (bpd), down from the 3.649 bpd exported in January. These exports from the oilfields in central and southern Iraq amounted to 99,120,006 barrels, while exports from […]

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January Oil Exports: Volume Down, Revenue Up

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for January of 113,111,437 barrels, giving an average for the month of 3.649 million barrels per day (bpd), down from the 3.726 bpd exported in December. These exports from the oilfields in central and southern Iraq amounted to 110,245,281 barrels, while exports from Kirkuk […]

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Oil Ministry Finalises Export Figures for December

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for December of 115,517,974 barrels, giving an average for the month of 3.726 million barrels per day (bpd), a increase from the 3.377 bpd exported in November. These exports from the oilfields in central and southern Iraq amounted to 112,450,367 barrels, while exports by […]

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December Oil Exports: Volume Up, Revenue Down

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for December of 115,517,974 barrels, giving an average for the month of 3.726 million barrels per day (bpd), a increase from the 3.377 bpd exported in November. These exports from the oilfields in central and southern Iraq amounted to 112,450,367 barrels, while exports by […]

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Kirkuk Oil Exports “to stay Restricted”

By John Lee. Exports from Iraq’s northern Kirkuk oilfields to the Turkish port of Ceyhan will reportedly remain at between 80-90,000 barrels per day, with most of the crude being used to feed local refineries, according to Iraq’s oil minister. Current production at the Kirkuk oilfields stands at around 370,000 bpd, the head of Iraq’s […]

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Oil Ministry Finalises Export Figures for November

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for November of 101,313,958 barrels, giving an average for the month of 3.377 million barrels per day (bpd), a decrease from the 3.478 bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 100,895,342 barrels, while exports from […]

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Oil Exports Revenues Fall in November

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for November of 101,156,808 barrels, giving an average for the month of 3.372 million barrels per day (bpd), a decrease from the 3.478 bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 100,895,342 barrels, while exports by […]

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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 […]

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BP signs Contract to Develop Kirkuk Oil

By John Lee. The Ministry of Oil has announced that BP has signed a contract to develop the Kirkuk oil fields. According to Reuters, the deal with the North Oil Company (NOC) will see BP will boost output capacity from the six fields in the Kirkuk region to more than 1 million barrels of oil […]

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Turkish Firm wins Contract at Garraf

Turkish oil and gas services company Ergil has been awarded a design, engineering, fabrication, and testing contract by China Petroleum Engineering & Construction Corporation ( CPECC), for Petronas‘ Garraf oil field. The company says it has completed designing, manufacturing and supplying of 12 units 320-bar high-pressure pig receivers and launchers, 28 units pig signallers, 12 […]

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Baghdad “bans” Kar Group from Kirkuk Oilfields

By John Lee. The Iraqi parliament has reportedly banned Erbil-based Kar Group from operating oil fields in Kirkuk. According to Rudaw, it assigned the state-owned North Oil Company (NOC) to take over oil production in the province and export it through Iraq’s State Oil Marketing Organisation (SOMO). Reuters reports that Kar Group had been operating some […]

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Luaibi asks BP to Return to Kirkuk Oilfields

By John Lee. Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has asked UK-based BP to develop the disputed Kirkuk oilfields. The move comes just a day after Baghdad regained control of the area from Kurdish forces. Control of the field remains split between the Kurdistan Regional Government (KRG) and Baghdad’s North Oil Company […]

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