Missan / Mysan latest Business News – oil & oilfields, power, water and more – brought to you by Iraq Business News
The Chairman of Southern Iraq’s Missan Energy Committee has said on Thursday that the Province’s Council had decided to sack the Director-General of Missan Oil Company from his post. According to the report from Aswat al-Iraq, he has been accused of poor administration and failing to achieve higher oil production results during his assignment. “Missan […]
The China National Petroleum Corporation (CNPC) and its partners in the southern Halfaya oilfield have awarded a $174 million contract to the China Petroleum and Engineering Corp. (CPECC) to build three crude processors, an Iraqi oil official told Reuters on Sunday. Ali Maarij, head of Iraq's state-run Missan Oil Company said the new plants will […]
The consortium of Chinese, Malaysian and French companies working on the Halfaya oil field, 35 km east of Amara, in Maysan [Missan] province, have completed drilling four oil wells. Ali Altarfi, the media department of Missan Oil Company, told Aswat al-Iraq that, "the plan is to drill 300 wells in this gigantic oil field within […]
Iraq's Missan Oil Company has said it has formed a committee to compensate the farmers whose agricultural areas fell within the Halfaya Oil Field, east of its Amara city. “In response to the approval of the Oil Minister and the instructions of Missan Oil Company’s Director-General, a committee was formed to carry out field inspection […]
The Iraqi electricity ministry has given the thumbs up to the construction of two new power stations with a capacity of 600 megawatt in Maysan [Missan], according to Aswat al-Iraq. “One station with a capacity of 100 MW will be set up in al-Batira, (5 km) north of al-Amara, while the other will be near […]
The volume of waters from the Tigris River reaching Iraq has been receding to the extent that several water purification plants in the Province of Missan [Maysan] are running without water. Mohannad Kadhem, the head of water purification and distribution in the southern province, said the problem started with tributaries belonging to the river feeding […]
Oil production in Missan [Maysan] will reach 170,000 barrels per day by the end of 2011, compared to 2010’s production of 100,000 bpd, according to a director of the Missan Oil Company on Sunday. “The 70,000 barrels increase will come from the development of the Halfaya oil field and the drilling of new wells,” Ali […]
The director of Missan Oil Company in Southern Iraq said on Tuesday that his company had achieved an increase in its oil production by more than 3 million barrels in 2010. “Our Company has achieved an increase in its oil production from its oil fields of 3.215 million barrels of oil in 2010, compared with […]
Iraq's Minister for Reconstruction and Housing, Mohammed Daraji, said a new large hospital will be constructed in Maysan [Missan] province. Daraji told AKnews that the 260-bed project has been allocated 35 billion Iraqi dinars (IDQ) [$30m] from the ministry's budget. The three-floor maternity and emergency hospital will be constructed during 2011 over an area of […]
A total 201 projects costing 90 billion Iraqi dinars (IQD) [$77m] were finalized in Missan within the Provincial Development Budget (PDB) for the year 2010, according to the deputy governor on Saturday. “There were 61 municipal projects, 29 water projects, 24 for sanitary sewage, seven for electricity, four for communications, three for each of reconstruction, […]
The Maysan [Missan] Provincial Council allocated more than $42 million [49 billion Iraqi dinars] for the development of the province’s marshlands for 2011, a local official said on Thursday. “The ministry of state for the marshes’ affairs have allocated the sum of 49.900 billion dinars to set up service projects in the eastern and western […]
The development of Halfaya oilfield in southern Iraq’s Maysan province shall insure enough gas for Kahla’a power station, according to the Director-General of Missan Oil Company, who said that the gas produced from the oil field would exceed 60 million cubic feet. “The development of the Halfaya field shall secure the needs of the Kahlaa […]
