Name: Block 8
Controlled by: Ministry of Oil (Baghdad).
Location: The block lies within the east central part of Iraq, about 40 km east of Baquba and about 110 km east of Baghdad and covers an area of around 6,000 km2.
The block is on the border between the productive Mesopotamia tectonic zone and Foothill Zones on trend with hydrocarbon bearing structures in both zones.
Developed by: Pakistan Petroleum (PPL)
Contract granted: Fourth licensing round (2012)
Remuneration: $5.38 per barrel of oil
In September 2024, the Iraqi cabinet approved an agreement under which PPL would terminate its contract at Block 8.
In October 2024, Iraq agreed to pay PPL $6 million to finalise the termination of the contract.
In early 2025, Petrel Resources submitted an application to take over the block.
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.