By John Lee. Talks between ExxonMobil and Iraq on the multi-billion-dollar Common Seawater Supply Project (CSSP) have reportedly reached an impasse. According to Reuters, two sides differ on contract terms and costs. Ian Thom, principal analyst at consultancy Wood Mackenzie, told the news agency: “The CSSP would be expensive and challenging but there’s opportunity here […]
Tag Archives | water injection
5 Firms Shortlisted for Major Water-Injection Project
By John Lee. According to a report from Platts, Iraq has shortlisted five international engineering companies to bid for the first phase of the Common Seawater Supply Project (CSSP), a major water-injection project that will help the country boost long-term production from its southern oil fields. The project would take in around 5 million barrels […]
Major Plans to Boost Iraq Oil-Exporting Capacity
By John Lee. Iraq is reportedly ramping up efforts to expand capacity to pump and export oil. Ihsan Abdul Jabbar, the director-general of state-run Basra Oil Company, told Bloomberg that Iraq is seeking bids from six companies for a $4-billion project to inject seawater into its southern oil fields, and the country has already received […]
BOC "Preparing to Tender" for Water Injection Project
By John Lee. The Basra Oil Company (BOC) is reportedly preparing to tender for a water injection project in Iraq if talks with ExxonMobil and PetroChina fail. Reuters quotes the head of the Oil Ministry's Petroleum Contracts and Licensing Directorate (PCLD), Abdul Mahdi al-Ameedi, as telling reporters at the CWC Iraq Petroleum Conference in Berlin, […]
Int'l Firms Needed for Seawater Injection Project
By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has directed the South Oil Company (SOC) to invite international companies to execute the sea water desalination project in southern Iraq. The Common Seawater Supply Facility (CSSF) is considered vital to maintain the production volumes at Iraq's oil fields. It is to be implemented in […]
DSI Wins $61m Zubair Project
Dubai-based Drake & Scull International PJSC (DSI) has announced that it has been awarded a AED 226 million ($61 million) engineering, procurement and construction (EPC) contract for the construction of a water injection network installation project at the Zubair oil field in Basra, Iraq by ENI Iraq B.V. (EIBV) a subsidiary of the Italian oil […]
Iraq to pay $2bn in Arrears to Foreign Companies
By John Lee. Shafaaq reports that Iraq will pay foreign oil companies about $2 billion in remaining arrears for 2015 in April. The arrears were accumulated to international oil companies (IOCs) such as BP, Shell , ExxonMobil, Eni and Lukoil, which operate in under service contracts, whereby they are paid a fixed dollar fee for […]
Parsons Wins SOC Seawater Supply Project
By John Lee. Parsons has announced that it was recently awarded the front-end engineering design (FEED) for South Oil Company’s Common Seawater Supply Project in southern Iraq. This landmark project will provide 12.5 million barrels of water per day (bwpd) of treated seawater to oilfields in southern Iraq. Parsons’ scope of work includes conducting 14 […]
IOCs seek Independent Water Facilities
By John Lee. International oil companies (IOCs) in southern Iraq are seeking to push ahead with their own water injection facilities to meet production targets, according to a report from Platts. Malaysia's Petronas, operator of the Gharraf [Garraf] oil field, is the latest to ask the Ministry of Oil for permission to build a standalone […]
Will CH2M Hill Replace Exxon in Water-Injection Project?
By John Lee. According to press reports, Iraq's South Oil Company (SOC) has awarded CH2M Hill a $170 million consultancy contract for the water injection project in the country's southern oil fields, replacing ExxonMobil. Al Bawaba quotes SOC Director General, Dhia Jaafar, as saying: "The South Oil Company has selected CH2M Hill to offer consultancy […]
Iraq Invites Firms to Manage Water Injection
Iraq has invited international consultancy firms to assist in managing the country's multi-billion dollar oilfield water injection projects. The scheme would assist in raising the extraction rates in order to stop declines in production at fields such as Majnoon, Zubair and Rumaila. Dhiya Jafaar, head of the state-run South Oil Company, told Reuters that the company […]
Iraq and IOCs to Build Oil Field Water Injection Plant
Dow Jones reports that Iraq has agreed with oil majors to build a multi-billion-dollar oil field water injection plant in the south of the country, after disagreement over costs that suspended the project for months. The water injection project aims to provide water to maintain reservoir pressure to fields such as Rumaila, West Qurna Phase […]