By John Lee. The Chinese company Sinopec (China Petroleum & Chemical Corporation) has won a contract to develop the Mansuriyah gas field in Diyala. The field, near the Iranian border, is expected to produce 300 million standard cubic feet (Mmscf) per day of gas, which will be used for electricity generation. In 2010, an agreement […]
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Tags: Central Oil Company, China, China Petroleum and Chemical Corp, Diyala, Electricity In Iraq, featured, gas production, Iran, Mansouriya, Middle Oil Company, Midland Oil Company, mn, SINOPEC
INOC takes over 9 State Oil Companies
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has transferred ownership of nine state-owned oil companies from the Ministry of Oil to the newly-created Iraqi National Oil Company (INOC). The Minister is also the President of INOC. The companies transferred to INOC ownership are: Iraqi Oil Exploration Company Iraqi Drilling Company (IDC) State […]
Tags: Basra Oil Company (BOC), Dhi Qar Oil Company (DQOC), featured, Iraq National Oil Company (INOC), Iraqi Drilling Company (IDC), Iraqi Oil Exploration Company, Iraqi Oil Tankers Company, Maysan Oil Company (MOC), Middle Oil Company, Midland Oil Company, Missan Oil Company (MOC), North Oil Company (NOC), State Oil Marketing Organization (SOMO)
ZhenHua signs East Baghdad Deal
By John Lee. China's ZhenHua Oil [Jinhua] has signed a service contract to develop the southern part of the East Baghdad oil field. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] said that the signature of the contract was significant for Baghdad because it is the first project in the capital. The development of the field […]
Tags: Baghdad, East Baghdad, featured, Housing, Jinhua, Middle Oil Company, Midland Oil Company, Zhenhua Oil
New State Owned Oil Company - Midland Oil Co.
The Midland Oil Co will help ease the burden from the North, South and Maysan oil companies that are currently overseeing the 10 major oil projects awarded to western oil companies last year.