By John Lee. The Ministry of Oil has held a pre-startup ceremony for the expansion of the Zubair-Mashrif Gas Separation Station. Oil Minister Hayan Abdul Ghani Al-Sawad described the project as a key milestone in Iraq's efforts to boost gas production capacity, noting that it will significantly increase the capture of associated gas and supply […]
By John Lee. The Iraqi Drilling Company (IDC) has deployed a second drilling rig, IDC-56, as part of the ongoing project to drill 35 oil wells at the Zubair oilfield. The project is being implemented under a contract with Italy's ENI, in cooperation with oilfield services company Schlumberger (SLB). IDC had previously commenced operations at […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Debate on greater autonomy reignites in Iraqi's oil-rich south Following the Iraqi parliament's elevation of Sulaimaniyah's Halabja district to full governorate status in April, the country is now witnessing an unprecedented wave of similar […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has launched the construction of the Industrial City in Al-Zubair, as part of the Development Road project. The $2-billion project spans 3,000 dunams and will house around 20 factories producing steel, metal casting, rolling, pipes, wire, aluminum alloys, ceramics, doors, and construction materials. The site will also […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's 7 Million bpd Oil Production Goal Draws Swift Response from Chinese Firms The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated three oil wells in the Zubair oilfield, as part of its commitment to field development and national production enhancement. The company completed the drilling of Zubair/638 well at a depth of 3,500 metres for ENI, using advanced technologies in collaboration with Schlumberger […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated four new oil wells in the Zubair oil field in Basra. The Deputy Director General of the company, Kazim Habash Khalif, said technical teams completed the drilling of a 3,598-meter well for the Zubair Field Operating Authority, boosting field production capacity. Three […]
By John Lee. The Iraqi Drilling Company (IDC), in collaboration with Schlumberger (SLB), has completed the drilling of well ZB 606 at a depth of 3,463 meters in the Zubair oil field in Basra. This marks the 36th well drilled under a contract with Italy's ENI to drill 37 wells. The well was drilled using […]
By John Lee. The Iraq Drilling Company (IDC) has successfully completed the drilling and restoration of three new oil wells in the Zubair and West Qurna fields. The technical teams drilled well IDC 626 to a depth of 3,634 meters for Italy's ENI, in cooperation with Schlumberger (SLB). This marks the 35th well completed as […]
By John Lee. Hayan Abdul Ghani, Iraq's Minister of Oil, has inaugurated the first phase of the Central Processing Facility (CPF) at the Al-Faihaa [Fayhaa] oil field in Basra, with a capacity of 100,000 barrels per day. According to a statement from the Ministry of Oil, this marks the transition of Al-Faihaa from an exploratory […]
By John Lee. Iraq's Ministry of Oil has signed a Heads of Agreement (HoA) with the Chinese company Geo-Jade and the Iraqi company Crescent Basra (Hilal al-Basra) to invest in the integrated development project at the Tuba field, in the Zubair district of Basra. According to a statement from the Ministry, the project would have […]
Basrah Gas Company and WFP Iraq launch a climate adaptation project to support smallholder farmers in Basrah Basrah Gas Company (BGC) and the United Nations World Food Program (WFP) have signed an agreement aiming to support local farmers in the Al Zubair district in Basrah through a climate change adaptation initiative which sets out to […]
