By John Lee. KBR has announced the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon oil field in Iraq, extending the agreement for another two years. Under the contract, KBR will continue delivering EPCM services to support production targets, enhance operational efficiency, improve safety, and […]
By John Lee. The Iraqi Cabinet has approved a recommendation allowing the Ministry of Oil, through the Basra Oil Company (BOC), to allocate part of the 2025 budget for the Majnoon Oil Field to fund a new infrastructure project. The initiative involves the expansion and development of core sample storage facilities at Nahr Bin Omar […]
By John Lee. Iraq's Ministry of Oil has signed a major contract for the South Basra Integrated Project with a consortium comprising China's Geo-Jade Petroleum and Iraq's Crescent Basra (Hilal Al-Basra). The agreement, signed on Wednesday marks the Ministry's first adoption of a fully integrated project model. Oil Minister Hayan Abdul Ghani described the deal […]
By John Lee. The Iraqi Centre for Oil Services, a strategic partnership between Basra Oil Company (BOC), the Arab Well Logging and Oil Services Company (AWLCO), and Gilgamesh Oil Services, has been inaugurated by Minister of Oil, Hayan Abdul Ghani. Speaking at the event, he highlighted the centre as a milestone in Iraq's oil industry, […]
By John Lee. The China Huanqiu Contracting & Engineering Company (HQC), a subsidiary of the China National Petroleum Corporation (CNPC), has reportedly signed a Project Management Consultancy (PMC) contract for the West Qurna-1 oilfield. According to sina.com.cn, this is CNPC's largest overseas service contract since 2020. In January 2024, PetroChina, also a subsidiary of CNPC, […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Sunday to assess summer electricity supply plans and the progress of oil sector projects. The Minister of Electricity outlined strategies to ensure stable power supply, including fuel station operations, while the Minister of Oil detailed fuel supply plans for power plants, including […]
By John Lee. The Iraqi Council of Ministers has authorized the Ministry of Oil / Basra Oil Company (BOC) to sign a non-binding Memorandum of Understanding (MoU) with Aurasyia Scope Group Oil & Gas UK LTD for a tank farm and industrial island project. The project is considered strategically important for Iraq's oil industry, aiming […]
By John Lee. On Friday, TotalEnergies (45%, operator) and its partners Basra Oil Company (BOC) (30%) and QatarEnergy (25%) launched today the construction works of ArtawiGas25, a first processing facility for the associated gas from the Ratawi [Artawi] field, in the Basra region. This facility, which is part of the Gas Growth Integrated Project (GGIP), […]
By John Lee. Iraq's Ministry of Oil celebrated the groundbreaking of the West Qurna 1 Field Operations Center (Phase 1) and inaugurated several service projects in Al-Sadiq District, Basra Province. The initiatives were carried out by the Basra Oil Company (BOC) in collaboration with PetroChina, the operator of the West Qurna 1 field. The new […]
By John Lee. The Iraqi Cabinet has approved the Ministry of Oil's proposal for the construction of the Basra-Haditha oil pipeline, with a capacity of 2.25 million barrels per day. Key decisions include: Contract Approval: Endorsed a 5.97225 trillion dinar [$4.5 billion] contract between Basra Oil Company (BOC) and State Company for Oil Projects (SCOP), […]
By John Lee. Basra Oil Company (BOC) has opened the first phase of a new fuel depot at the West Qurna 1 field. The depot, with a storage capacity of 800,000 liters, was opened by Mr. Asaad Aboud, Director of the West Qurna 1 Field Operations. Mr. Aboud explained that the current storage capacity of […]
By John Lee. Iraq's Oil Ministry reported steady progress on the gas investment project led by French company TotalEnergies in Basra, confirming it aligns with the government's strategic timelines. Deputy Oil Minister for Extraction, Mr. Basem Mohammed Khudair, chaired the seventh Joint Management Committee meeting, attended by officials including Deputy Minister for Gas Mr. Ezzat […]
