Name: Siba
Controlled by: Ministry of Oil (Baghdad).
Location: Basra governorate, 30 km south-east of Basra city.
Discovery: 1968
Reserves: 1.1 tcf gas
Size: Approximately 21 km long and 6-13 km wide.
Developed by: Kuwait Energy (25%), Türkiye Petrolleri Anonim Ortaklığı (TPAO) (30%), Egyptian General Petroleum Corporation (EGPC) (20%), Maysan Oil Company (MOC) (25%).
Kuwait Energy originally had a 45% share, but farmed out a 20% stake to EGPC in October 2016.
Contract granted: 2010
Contract duration: 20 years.
Other companies involved in the development: Petrojet, GTL International
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.