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Tag Archives | China HuanQiu Contracting & Engineering Corporation (HQC)

Chinese Firms respond to Iraq's 7m bpd Oil Goal

By on 15th April 2025 in Iraq Oil & Gas News

By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's 7 Million bpd Oil Production Goal Draws Swift Response from Chinese Firms The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target […]

Chinese Firm Wins Major Contract at West Qurna-1

By on 2nd April 2025 in Iraq Oil & Gas News

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, […]