Tag Archives | North Oil Company (NOC)

Sonangol told to Return to Iraq

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has told the Angolan oil company Sonangol to resume its work in developing the Qayara and Najmah oil fields in Nineveh governorate. In 2010 Sonangol was granted a 75-percent stake in the fields, along with North Oil Company (25%), at a price of $6.00 per barrel, […]

Baghdad Denies New Oil Export Agreement with Erbil

By John Lee. Iraq’s Ministry of Oil has denied that there is any new agreement between Baghdad and Erbil regarding the export of crude oil. In a statement issued on Monday, the ministry confirms that “the last agreement is still active … [and it] includes the budgets of the last two years in addition to […]

Kirkuk Pipeline hit by ‘Technical Defect’

A pipeline pumping around 90,000 bpd from a field near Kirkuk to the Turkish port of Ceyhan (pictured) via Kurdistan reportedly stopped operations on Monday morning due to a “technical defect“. North Oil Company (NOC) sources told Reuters on Wednesday that maintenance teams are working to repair the pipeline, which is expected to resume operations within […]

Baghdad wants to take back Kirkuk Oil Fields

By John Lee. Iraq’s Ministry of Oil has said it will try to retake full control of all Kirkuk oilfields that were administered by the North Oil Company (NOC) before the Islamic State group (IS, ISIS, ISIL, Daesh) entered Iraqi territories, and “before the Peshmerga forces seized some oil wells during the previous government.” It […]

Explosions hit Two Oil Wells in Kirkuk

By John Lee. Explosions have been reported at two oil wells near territory controlled by the Islamic State group (IS, ISIS, ISIL, Daesh) in northern Iraq on Wednesday. Production was halted at the Khabbaz oilfield, 20 km (12 miles) southwest of Kirkuk, in a region under control of the Kurdish peshmerga forces, according to Reuters. […]

Baghdad Halts Kirkuk Oil Exports via KRI

By John Lee. Iraq Oil Report, citing Iraqi Oil Minister Adel Abdel Mahdi [Adil Abd Al-Mahdi], says Baghdad has stopped oil exports through the Kurdish region, to put pressure the Kurdistan Regional Government to resume talks about sharing oil revenues. Sources confirmed to Reuters that the state-run North Oil Company (NOC) has stopped pumping oil […]

KRG Exported 602k bpd Oil in January

The Kurdistan Regional Government (KRG) has published its monthly export report for January 2016. The KRG exported 18,656,131 barrels of crude oil (an average of 601,811 barrels per day (bpd)) in the month of January through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG […]

KRG Exported 584k bpd Oil in December

The Kurdistan Regional Government (KRG) has publishes its monthly oil export report for December 2015. KRG exported 18,105,734 barrels of crude oil (an average of 584,056 barrels per day (bpd)) in the month of December through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG […]

West Qurna II Produces 20m Tonnes this year

Since its launch in March 2014, cumulative production of Iraq’s West Qurna-2 field, operated by PJSC LUKOIL, has exceeded 30 million tonnes of oil. On December 24, 2015 LUKOIL achieved its annual production target for the West Qurna-2 field in full: 20 million tonnes of oil were produced since the beginning of the year. As […]

KRG Oil Exports Top 600,000 bpd

The Kurdistan Regional Government (KRG) has published its monthly export report for November 2015. The KRG exported 18,023,075 barrels of crude oil (an average of 600,769 barrels per day (bpd)) in the month of November through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG contributed […]

Lukoil Updates on West Qurna 2

In its Third Quarter results published today, Lukoil has given the following update on its operations at the West Qurna-2 oilfield: On December 12, 2009, a consortium of a Group company and Statoil won the tender for development of the West Qurna-2 field in Iraq, one of the largest crude oil fields discovered in the […]

Oil Export Data from KRG, Oct 2015

The Kurdistan Regional Government (KRG) has published its monthly export report for October 2015. KRG exported 18,461,357 barrels of crude oil (an average of 595,528 barrels per day (bpd)) in the month of October through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG contributed […]