Iraqi Govt allocates $417m to build New Oil Export Facility

By John Lee.

The Iraqi government has reportedly allocated approximately $417 million to build a third offshore oil export pipeline.

State-owned Basra Oil Company (BOC) is said to have signed a ontract with the Dutch company Royal Boskalis, to build the two-million-bpd facility.

(Sources: INA, Reuters, Kurdistan24)

2 Responses to Iraqi Govt allocates $417m to build New Oil Export Facility

  1. KHALID ISMAIL Company Director 1st June 2023 at 10:51 #

    Royal Boskalis is huge company in the Netherland joined venture with Salvage company SMIT OFFSHORE, Good Choice for the project

  2. Mnasour Hameed 1st June 2023 at 14:03 #

    that's great news and good opportunities to enter the offshore filed experience.