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Tag Archives | NK Petroleum

$225m EPCOM Deal for Iraq's Naft Khana Oilfield

By on 10th February 2026 in Iraq Oil & Gas News

By John Lee. China Oil HBP Science & Technology Co., Ltd. has signed an EPCOM [Engineer, Procure Construct, Operate and Maintain] contract worth $225,218,000 for the Naft Khana oilfield rehabilitation project with NK Petroleum Company Limited and its Iraq branch. The contract covers engineering, procurement, construction, operation and maintenance services aimed at restoring crude oil […]

Deal Signed to Drill Eight Wells in Naft Khana

By on 10th September 2025 in Iraq Oil & Gas News

By John Lee. The state-owned Midland Oil Company (MdOC) has announced the signing of a contract to drill eight wells (4+4) in the Naft Khana block in Diyala province. The deal was signed between NK Petroleum Limited, the block's operator, and a consortium comprising Zhongman Petroleum (ZPEC) and H&L Petroleum DMCC, which Iraq Business News […]