By John Lee. The Missan Oil Company (MOC) has announced for the successful drilling of 5 new wells at the Halfaya oil field, which is being developed by Petrochina. Mr. Adnan Noshi, director general of the company, confirmed that the Bohai and Daiken companies have recently finished the drilling of wells 13, 23, 57, 61 […]
Tag Archives | Missan Oil Company
Iraq proposes Deferred Payment to CNPC
By John Lee. The head of the state-run Maysan Oil Company (MOC) has told Reuters that China National Petroleum Corporation (CNPC) can go ahead with plans to double output at Halfaya (pictured) to 400,000 bpd if it agrees to be reimbursed when the additional oil is actually produced. Adnan Noshi denied Iraqi media reports that the […]
Tags: China National Petroleum Corporation (CNPC), featured, HaLFAYA, Maysan Oil Company, Missan Oil Company, MOC
Death Hidden in the Dirt: Old Land Mines in Maysan
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Death Hidden in the Dirt: Old Land Mines in Maysan Still Killing Shepherds and Farmers The authorities in Maysan province had been clearing land mines from the Iran-Iraq war with […]
Halfaya Oil Targets Reduced
By John Lee. The Missan Oil Company has announced an agreement with the China National Petroleum Corporation (CNPC) to reduce the final production target for the Halfaya oilfield from 535.000 barrels per day (bpd) to 400.000 bpd. As a result, production will be extended from 20 years to 30 years. CNPC has a 37.5 percent […]
Shell: Majnoon Exports Commence
By John Lee. Once a scene of bloody fighting during the Iran-Iraq war, Majnoon is now an oil field of vital economic importance for Iraq. Royal Dutch Shell‘s announcement marks a crucial step in its development since the discovery of the field in 1975. After a lull in development during the sanctions era of the […]
Daewoo Wins $589m Gas Separation Contract
By John Lee. Iraq’s cabinet has approved an $589 million oilfield service contract with South Korea’s Daewoo Engineering & Construction. The contract, approved on Tuesday, is for the engineering, procurement and construction of a gas separation facility at the Zubair oilfield. Production at the field is planned to increase from the current 320,000 barrels per […]
Tags: Daewoo, ENI, KOGAS Iraq News, korea, Korea Gas Corporation, Missan Oil Company, Occidental, Zubair
Samsung Sign $840m ENI Zubair Deal
By John Lee. Samsung Engineering Co., Ltd. has officially announced that it was awarded the North (Hammar Mishrif) New Degassing Station Facilities contract for the ENI Zubair Oil Field Development project in Iraq, worth $840 million. The signing ceremony was attended by Samsung Engineering’s President & CEO Mr.Park Choong-Heum, South Oil Company’s Director General Mr. Dheyaa Jaafar […]
Chinese Firm Suspected of Fraud
By John Lee. China’s Caixin has reported that the Missan Oil Company (MOC) has suspended all activities of a company called Hermic, an oilfield service company controlled by former executives of the China National Petroleum Corp. (CNPC). Hermic is said to have won at least 12 engineering outsourcing contracts worth US$75 million from CNPC at the […]
Tags: China, China National Petroleum Corporation, CNPC, Corruption, DRK Energy, HaLFAYA, Hermic, Maysan, Maysan Oil Company, Missan, Missan Oil Company, Power Petroleum
Eni’s Scaroni Meeting with al-Maliki
By John Lee. Iraqi Prime Minister Nouri Al-Maliki and Eni’s CEO Paolo Scaroni (pictured) met on Monday in Baghdad to discuss Eni’s activities in the country. During the meeting, Mr Scaroni along with Claudio Descalzi, COO of Eni E&P, updated the Prime Minister on the development activities at the Zubair oil field and discussed the […]
Tags: ENI, Italy, KOGAS Iraq News, Korea Gas Corporation, Maliki, Maysan, Maysan Oil Company, Missan, Missan Oil Company, Nouri al-Maliki, Occidental, Zubair
Ribbon Cut on new Bazurgan-Halfaya-Fao Pipeline
By John Lee. The Director General of Missan Oil Company has cut the ribbon on the 272-km crude oil pipeline from Buzurgan to Halfaya and onward to the tanks reservoir at al-Fao [al-Faw]. It starts from meeting point of the two lines from Buzurgan and Halfaya. The 42-inch-diameter pipeline was built in cooperation with the […]
Tags: Al Fao, Al Faw, Basra News, Bazargan, Bazergan, Bazerkan, Bazirgan, CBC, China, HaLFAYA, Maysan, Maysan Oil Company, Missan, Missan Oil Company, PetroChina, pipelines, South Oil Company (SOC), State Company for Oil Projects (SCOP)
New Rigs Arrive at Halfaya
By John Lee. The Missan Oil Company (MOC) has announced that new oil rigs are being installed at the Halfaya oil field to increase the number of new wells in the second stage of developing the field. The Director General of the company said that two new rigs belonging to PetroChina have already arrived and […]
Missan Oil Company Builds New Runway
By Editor on 24th April 2013 in Construction & Engineering In Iraq, Iraq Oil & Gas News, Iraq Transportation News
The Missan Oil Company (MOC) has announced that it has finished building a 1,700-metre runway in the Halfaya area. It will be used to transport employees of companies like CNOOC and Petrochina to and from the international airport at Basra. Mr. Ali M. Al-Bahadli, the director general of the MOC, said the runway is 30 […]