Tag Archives | North Oil Company (NOC)

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 […]

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 […]

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 […]

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 […]

Baghdad warns Erbil not to Shut Down Kirkuk Oil

By John Lee. Iraq is reportedly considering using security forces to prevent Kurdistan from blocking oil output from Kirkuk. A spokesman for the North Oil Company (NOC) told Reuters that Kurdish officials indicated that they would shut down production at the Kirkuk oilfield, ostensibly for security reasons, but as a means of putting pressure on […]

Federal Forces in Control of Large Areas of Kirkuk City

Federal forces in control of large areas of Kirkuk city; further Kurdish withdrawals in Nineveh/Diyala Over the course of October 16, Iraqi federal forces advanced into many parts of Kirkuk city and adjacent military and energy facilities. The Counter-Terrorism Service (CTS), supported by the Iraqi Army and Federal Police took control of the K1 military […]

Iraqi Forces Capture North Oil Company

By John Lee. Iraqi armed forces have reportedly captured the headquarters for the North Oil Company (NOC), northwest of Kirkuk, from Kurdish forces, without fighting. A Kirkuk-based official told Reuters that the Baghdad’s forces had also taken control of the K1 airbase and were deploying in the Baba Gurgur field and the North Oil refinery. […]

Last Oil-Well Fire at Qayara Extinguished

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has announced that the last remaining oil fire at the Qayara oil field has been extinguished. The Islamic State group (IS, ISIS, ISIL, Daesh) had sabotaged 34 of the 50 wells at Qayara, setting 18 of them on fire. The Minister expressed his gratitude to […]

Conflict over Kirkuk Oil Returns

By Omar Sattarfor Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On March 2, a military force affiliated with the Patriotic Union of Kurdistan (PUK) led by former President Jalal Talabani seized the North Oil Company in Kirkuk province. The military […]

Oil Ministry “Unaware” of Kirkuk Oil Deal

By John Lee. A spokesperson of the Iraqi oil ministry has told Rudaw that the Ministry is not aware of any agreement between Prime Minister Haider al-Abadi and the Patriotic Union of Kurdistan (PUK) to end disputes over oil production and exports from the disputed Kirkuk oil fields. Reuters quoted PUK deputy chief Kosrat Rasul […]

Bombs target Bai Hassan Oil Pipeline

By John Lee. Reuters reports that four bombs caused damage and fire on Saturday near a minor pipeline that delivers crude oil from the Bai Hassan oilfield to a degassing station in Kirkuk. Sources at the state-run North Oil Company (NOC) told the news agency that pumping had already been halted at the time of […]

3 Killed in blast at Bai Hassan Oilfield

By John Lee. At least three people have been killed while seven others were injured when an oil tank exploded at the Bai Hassan oilfield on Monday. A spokesman for the North Oil Company (NOC) said the blast occurred during a welding operation. (Source: TBP)