Browse the top companies in Basra (Iraq). The other posts […], Petrofac's Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP). Ismaael -- who was the director general of Basra Oil Company (BOC) -- takes over for Ali Allawi, the finance minister, who had been serving as interim oil minister and has been elevated to deputy prime minister for economics and energy, overseeing the oil ministry. Salaries, reviews, and more - all posted by employees working at the top companies in Basra (Iraq). Get hired! In terms of crude oil production, Iraq holds the 2nd place after Saudi Arabia. Rumaila oil field lies close to the Kuwait border, approximately 50km west of Basra in southern Iraq. West Qurna-1 is one of the world’s largest oil fields. If you have a specific company in mind that you want to work for in Basra, then you might find it on Bayt too. The onshore project is being developed in two phases, the first of which was commissioned in March 2014. Iraq | Oil & Gas. Basrah Province already produces enough gas to create electricity for more than eleven million homes. With each of our benchmarks, we publish a company scorecard presenting the ranking position, score and findings of how the company performed. It exported the first shipment of oil from the company's port during the same month. Iraq Petroleum Company discovered the fields between 1949 and 1961. The consortium of Basra Oil Company, Missan Oil Company and Petronas are planning to build a Central Processing Facility (CPF) Phase 2 at Majnoon Oil Field. Petrofac's Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP), the UK-headquartered oil and gas contractor said on Thursday. Salaries, reviews, and more - all posted by employees working at the top companies in Basra (Iraq). Crude oil … The expansion began with drilling works, building and expanding production facilities, and implementing investment projects associated with natural gas fields in north and south Rumaila. BOC is one of the major fundamental formations of the Iraq National Oil Company (INOC). Basra Oil Company (BOC) has signed two contracts for new drilling at the giant Majnoon oil field. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Basra Oil Company. Iraq’s Ministry of Oil announced recently that the new Basra- Aqaba oil pipeline will have a capacity of more than one million bpd – transporting crude oil from Kirkuk and Basra to Ceyhan in Turkey via the Mediterranean Sea. Along with its sister terminal, the Khawr al ‘Amīyah Oil Terminal, the terminals provide the principal point of export for more than eighty percent of Iraq's gross domestic product as of 2009, and all of the oil from the southern Başrah refinery. Speaking at the Basra Oil, Gas and Infrastruture (Source: Reuters), By John Lee. For coverage of Majnoon, please see our separate asset report. Basra Oil Company, Guttenberg, New Jersey. […], By John Lee. Iraq's oil exports rose in November to a decades-high average of 3.37 million barrels per day (bpd), from 2.7 million bpd the previous month, the oil ministry said. The field was named Majnoon which means crazy in Arabic in reference to excessive amount of oil in a dense area. Ismaael -- who was the director general of Basra Oil Company (BOC) -- takes over for Ali Allawi, the finance minister, who had been serving as interim oil minister and has been elevated to deputy prime minister for economics and energy, overseeing the oil ministry. “Basra Company’s financi Apply to jobs near you. At 1.5 million barrels of oil a day (Mbopd) capacity, it is the world’s third biggest producing field and delivers approximately one-third of Iraq’s total oil supply.. Crude oil produced for export from the southern Iraqi oilfields is piped to the southern tip of the al … This is in addition to the near signing of a contract to drill 43 wells in Majnoon field with the Basra Oil Company (BOC), which is the third largest oil field in the world, with reserves of 6.12 billion barrels. Schlumberger has won a $480-million contract to drill 96 oil wells in southern Iraq for the country’s Basra Oil Company and for ExxonMobil, which operates the giant West Qurna-1 field with partners from Iraq, Japan, Indonesia, and China. Follow future shipping activity from Basra Oil Company … Basra Oil Company (BOC) is planning to construct the Sour Gas Treatment Facility. This caused production to drop to 150,000 barrels per day (24,000 m3/d). Much of this is produced with oil but unfortunately most of this gas is wasted. The project is owned and operated by Lukoil (75%) and North Oil Company (NOC, 25%), the state-owned company of Iraq. Events and activities have escalated steadily and rapidly, rising since the beginning of the 1970s. Luhais, Nahr Umr, Ratawi and Tuba are located close to the Rumaila and Zubair fields with tie-ins to the main export infrastructure. #iraq #Oil and gas #Petrofac #Basra Oil Company (BOC) Disclaimer: This article is provided for informational purposes only. _____ Read more: Shell hands over Iraq’s Majnoon oilfield . Monday’s attack was the first since last summer to target US oil companies working in the oil-rich south. 18 Oct 2019 Issue: 62 / 42 By: Waylon Fairbanks. Majnoon is one of the richest oil fields in the world with an estimated 23 billion-25 billion and proven reserves of 12.6 billion of barrels of oil … It is currently flared rather than captured. Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP). Basrah Gas Company is an Iraqi company established by the Iraqi Government to meet an Iraqi challenge. Majnoon is one of the richest oil fields in the world with an estimated 38 billion barrels of oil in place. Luhais, Nahr Umr, Ratawi and Tuba are located close to the Rumaila and Zubair fields with tie-ins to the main export infrastructure. During the mid–1970s there was a decree to nationalize the Basra oil company (BOC) and the activities of the Erab company in Maysan. Oil minister reshuffles Basra Oil Co. and other posts New leadership for Iraq's largest state-run oil company, as well as the Iraqi Drilling Company and the Oil Ministry's Technical Directorate. Parts of this article (those related to 2004–2016) need to be. US Customs Records Notifications available for Basra Oil Company (boc). Majnoon oil field is a super-giant oil field located 60 km (37 mi) from Basra in southern Iraq. The Dutch Ambassador to […], By John Lee. GE Gas Power has said it has "marked a major milestone" by synchronizing two GT13E2 gas turbines to the national grid at the Zubair Permanent Power Generation Plant. It is situated in Basra. While not mentioning the specific project, the company said: "The award is recognition of Petrofac's successful eight-year track record of safe delivery as the incumbent […], By John Lee. It was the first nucleus and the basis of national direct investment projects in the 1970s, where the BOC was subsidiary to the national company. Published Monday, May 11th, 2020. It’s the national Iraqi company in charge of the oil development in southern Iraq. South Refineries Company is set to improve the quality and productivity of oil products through installation of a new fluid catalytic cracking unit at the Basrah refinery. 35 Oil and Gas jobs in Basra, Iraq Explore Oil & Gas Jobs using Simple / Advanced search options Choose from Job types & Categories Get the best job → Apply now! Majnoon is one of the richest oil fields in the world with an estimated 38 billion barrels of oil in place. Basra Oil Company - The downstream industry in the Middle East is currently at the forefront of economic transformation, job creation and development, serving as a key enabler for the region’s economic growth. Current production is roughly 3 million barrels per day. The destruction ratio was 80–90% of the BOC's property. The company indicated it is about to start drilling 20 wells in the Nasiriyah field in Dhi Qar, which are included […], By John Lee. BOC is one of the major fundamental formations of the Iraq National Oil Company (INOC). Shafaq news/ billions of Iraqi dinars have been subject to fraud, waste and abuse in Basra Oil Company, the federal Integrity Commission announced on Monday in a statement. has its headquarters in Basra. 188 likes. Get the right job in Basra with company ratings & salaries. Basra Oil Company operates five oil fields in the southern province of Basra. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. Apply to jobs near you. Sources told the news agency that the company had received assurances from the Iraqi Ministry of Oil and the Basra Oil Company (BOC) that its staff would receive extra […]. This reduced the production level to 2 million barrels per day (320,000 m3/d) before the events of the year 2003. More here. Dutch company Royal Boskalis Westminster has signed a 'memorandum of principles' to construct an industrial island for the Basra Oil Company (BOC) in Iraq's territorial waters in the Gulf. Opinion: The Iraqi Dinar needs Political Support! The project will add 3 million barrels per day to Iraq's export capacity. ExxonMobil began producing Basrah Light in 2010 through our role as lead operator of the West Qurna 1 rehabilitation (ExxonMobil 60%, Oil Exploration Company of Iraq 25%, Shell West Qurna B.V. 15%). Petrofac awarded Basra Oil Company EPC contract. Iraq's Oil Minister, Ihsan Ismaael [Ahsan Abdul-Jabbar Ismail], will reportedly become the head of a recently-revived Iraq National Oil Company (INOC). Reuters News - 01-Dec-2015 Basra Establishes Regional Development Company to Attract International Oil, Gas and Infrastructure Investment. Key tribes of Basra also formed portions of the militias and participated in smuggling activities.4 In short, the Characteristics of Basrah Light include medium gravity, low-TAN, and high-sulfur. Decarbonisation and energy Social Benchmarks. 1 talking about this. That challenge is to turn Basrah Province’s abundant endowment of natural gas into a blessing for the current and future generations. Thanks to the efforts of the staff, the company was able to restore production to 2.15 million barrels per day (342,000 m3/d) during the first quarter of the year 2004. Some benchmarks have done initial baseline assessments in 2020 and will publish company scorecards in 2021. Limiting our services to Basra region, Later we expanded to different provinces. In 2019, the company has entered into a deal with a giant Holland-based construction company, Boskalis, In what may be the largest offshore infrastructure project ever, Boskalis has undertaken over a three year period to build the company Sindibad (including the Sinbad oil field co-owned by Iraq and Iran) Arabian Gulf; Mid-Stream Projects. All Rights Reserved. Al Başrah Oil Terminal, commonly referred to as ABOT, is a strategically critical Iraqi offshore, deep sea crude oil marine loading terminal that lies approximately 50 km southeast of the Al-Faw Peninsula in the Persian Gulf. "No Foreign Pilgrims Allowed" in Iraq for Arbaeen, Report warns of Possible Collapse in value of Iraqi Dinar, Jiyad: Iraq, and the China-Iran Cooperation Program, PM lays Foundation Stone for next phase of Grand Faw Port, GE Closes Financial Deal for Iraqi Electricity Projects. Iraqi oil services companies operating in Basra such as the Iraqi National Oil Company and Iraqi Oil Tanker Company both are cooperating with Weir group to support this activity; VLCC crude oil tanker – NAJAF (9197909) is taking a major role in supporting Iran oil mixing of 2/3 “Iran light” with 1/3 “Basra heavy” which assist Iranian global oil smuggle. It is situated in Basra. List of International Oil Companies in Iraq, List of International Oil Companies in Iraqi Kurdistan, New Contracts for Iraqi Drilling Company (IDC), Cabinet Extends Contracts of KBR and Antonoil at Majnoon, Cabinet approves $480m Drilling Deal in Southern Iraq, Iraq Crude Oil Export Expansion Project (ICOEEP), GE Synchronizes Gas Turbines at Zubair Power Plant, Petrofac secures Contract Extension with Basra Oil Company, Boskalis to build Oil Export Island in Gulf, New Drilling Contracts Awarded at Majnoon, Exxon Ex-Pats "to return to West Qurna 1", Market Review: "Market Extends the Rally", Five One Labs Launches Iraqi Investment Initiative. Through the vision of the Iraqi Government, BGC was created in May 2013 to … By Editor on 12th December 2017 in Iraq Oil & Gas News. Director General Ihsan Abduljabbar [Ihsan Abdul Jabbar Ismail] is quoted as saying that the field is considered one of Iraq’s most controversial because of pollution and gas emissions. ExxonMobil evacuated about 30 foreign engineers from Basra, Iraq, as a "temporary precautionary measure," the government-owned Basra Oil Company said Saturday. gravity of 23.7 degrees and sulfur content at 4.12 percent. The Basra Oil Company (BOC) will reportedly reduce production at the Nahr Bin Umar oilfield due to pollution and gas emissions. In pursuance of the objectives of the law (80) for the year 1961, the National Oil Company was established by law No. © 2021 Iraq Business News. The BOC was classified as the first company in Iraq and the eighth in production rating for global oil companies. has its headquarters in Basra. Laying out an exporting pipe line, expanding export facilities and infrastructure sites for the company. China’s Hilong Oil Service & Engineering Company is to drill 80 oil wells at a cost of $54 million, while the Iraqi Drilling Company (IDC) will drill 43 oil wells at a cost of $255 million. an artificial island that will bring in oil through two new pipelines and send it out to the world through four marine docks. Petrofac has announced that its Engineering & Production Services division ('EPS') has secured a one-year contract extension worth around US$80 million with a key client in Iraq. Basra Oil Company, Guttenberg, New Jersey. Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP). Learn how and when to remove these template messages, Learn how and when to remove this template message, http://www.iraqtradelinknews.com/2017/04/name-of-iraqi-south-oil-company-changed.html, https://en.wikipedia.org/w/index.php?title=South_Oil_Company&oldid=1002952379, Articles lacking sources from January 2010, Wikipedia articles in need of updating from April 2016, All Wikipedia articles in need of updating, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, This page was last edited on 26 January 2021, at 19:55. gravity of 29.7 degrees and sulfur content at 2.85 percent and Basra Heavy Oil, which has an A.P.I. The Manjoon Oil Field project further extends KBR's long history in Iraq and allows KBR to develop a long-standing partnership with BOC while also providing a significant economic benefit to the Iraqi economy and the country's … Iraq's parliament has approved the appointment of the former head of the Basra Oil Company (BOC) as Minister for Oil. (ALI AL-AQILY/Iraq Oil Report) By Ali al-Aqily of Iraq Oil Report Published Monday, May 11th, 2020. The Basra Oil Company (B.O.C., previously known as South Oil Company, S.O.C.) Variously named as Ihsan Ismaeel, Ihsan Abdul Jabbar Ismail, and Ihsan Ismaael, he was one of seven cabinet ministers approved on Saturday, completing Prime Minister Mustafa al-Kadhimi's 22-member government. There are currently no scorecards for this company. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. It was the first nucleus and the basis of national direct investment projects in the 1970s, where the BOC was subsidiary to the national company. 188 likes. 35 open jobs in Basra. Basra Oil Company, which oversees the development of Iraq’s southern oilfields, will not bear “any financial consequences or obligations”, the ministry said, adding that Chevron had taken full responsibility for study and development plans. There was attachment to the oil operation and establishment of the national oil company. Khalid Hamza Abbas, deputy director general of the Basra Oil Company in his Basra office on May 4, 2020, was been given the authority to run the company on Sept. 19, 2020. Also developing new fields in Luhais, Saba, Nuhran Ben Ummer and oil fields in Maysan. China’s Hilong Oil Service & Engineering Company is to drill 80 oil wells at a cost of $54 million, while the Iraqi Drilling Company (IDC) will drill 43 oil wells at a cost of $255 million. China's Hilong Oil Service & Engineering Company is to drill 80 oil wells at a cost of $54 million, while the Iraqi Drilling Company (IDC) will drill 43 oil wells at a cost of $255 […] Ihsan Isma’il has been removed from the role of Director General at Iraq’s state Basra Oil Company (BOC) along with five other oil officials. Mr Ismael was previously the director general of the state-run Basra Oil Company (BOC); he joined the cabinet of Prime Minister Mustafa Al Kadhimi in June. Petrofac has been awarded a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. The project is part of phase 2 of Majnoon oil field, located 60 kilometers from Basra. BASRA - As Iraq moves to comply with an agreement among OPEC and other major producers to reduce oil output and prop up global prices, the state-run Basra Oil Company (BOC) is responsible for managing the majority of the country's reductions. China's Hilong Oil Service & Engineering Company is to drill 80 oil wells at a cost of $54 million, while the Iraqi Drilling Company (IDC) will drill 43 oil wells at a cost of $255 […], By John Lee. West Qurna-2, located near Basra, Iraq, is one of the world’s biggest onshore oilfields. Tags: Basra Oil Company (BOC), Electricity In Iraq, ENI, featured, Italy, Zubair. The decision allows for the extension of the contracts […], By John Lee. Iraq has started work on expanding its oil refinery near the southern city of Basra by increasing its processing capacity by 70,000 barrels per day (bpd) The Shuaiba Refinery’s capacity should increase to 280,000 bpd by the end of the year, as a result of the expansion According to a report from Reuters, employees from Exxon Mobil will start returning to work at the West Qurna 1 oilfield on Sunday. Basra Oil Company - The downstream industry in the Middle East is currently at the forefront of economic transformation, job creation and development, serving as a key enabler for the region’s economic growth. Originally established in 1976, we now have more than forty years of accumulated knowledge, experience and expertise in these fields. in Oil & Companies News 14/04/2021 Iraq has raised the May official selling price (OSP) for Basra Light crude to Asia to Oman/Dubai plus $1.40 a barrel, … Basra Oil Company - Home | Facebook. In May of this year, KBR was awarded a contract by Basra Oil Company (BOC) for the project management and development of the Majnoon Oil Field in Basra, Iraq. Majnoon oil field is a super-giant oil field located 60 kilometers from Basra, Basra Governorate in southern Iraq. By extensive and intensive reconstruction the company managed to increase production to 500,000 barrels per day (79,000 m3/d) during the month of June the same year. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Following discussions, the Cabinet approved a bid from Schlumberger to drill 96 wells for the Basra Oil Company (BOC) and ExxonMobil. Basra Oil Company (BOC) is a national Iraqi company responsible for the oil in the south of Iraq. Investment and development stages of the north Rumaila field were completed in three stages, leading to a rate of production of 42 million tons per year and this coincided with the expansion of works in all fields. See their past imports from Ge Oil & Gas Pressure Control De, a supplier based in Mexico. ExxonMobil evacuated about 30 foreign engineers from Basra, Iraq, as a "temporary precautionary measure," the government-owned Basra Oil Company said Saturday. The company has provided housing and health care for staff and achieved ambitious plans in the fields of rehabilitation and development. After the events of the year 2003, the whole of the fields, establishments and facilities of the company were damaged by vandalism, theft, arson and destruction. No damage or casualties reported after projectiles land near site of oilfield service company Halliburton in Basra. Basra Oil Company (BOC) is a national Iraqi company responsible for the oil in the south of Iraq. The Basra Oil Company (BOC) will reportedly reduce production at the Nahr Bin Umar oilfield due to pollution and gas emissions. Q&A: Basra Oil Company Deputy Director General Khalid Hamza Abbas 2020/05/12 | 00:20 - Source: Iraq Oil Report (ThisDay | Iraq News Now )- As Iraq moves to comply with an agreement among OPEC and other major producers to reduce oil output and prop up global prices, the state-run Basra Oil Company (BOC) is responsible for managing the majority of the country's reductions. West Qurna-2 Oilfield Discovery, Location, and Reserves Details Basra Oil Company (BOC) has signed two contracts for new drilling at the giant Majnoon oil field. According to a statement from Petrofac, the confirmation of the contract extension is recognition of Petrofac's successful seven-and-a-half-year track record of safe and efficient delivery and […], By John Lee. China’s Hilong Oil Service & Engineering Company is to drill 80 oil wells at a cost of $54 million, while the Iraqi Drilling Company (IDC) will drill 43 oil wells at a cost of $255 million. Browse the top companies in Basra (Iraq). The Al Basra Oil Terminal, commonly referred to as ABOT, is a deep sea island offshore crude terminal located approximately 31 nautical miles SE of the Iraqi port of Al Faw. It has created institutes and centers for training, technical and administrative development. (Source: The National), By John Lee. Shafaq news/ billions of Iraqi dinars have been subject to fraud, waste and abuse in Basra Oil Company, the federal Integrity Commission announced on Monday in a statement. Basra Oil Company operates five oil fields in the southern province of Basra. Basrah Province already produces enough gas to create electricity for more than eleven million homes. The Iraqi Drilling Company (IDC) has announced its intention to conclude contracts with Chinese and American companies operating in Iraq to drill and rehabilitate dozens of oil wells in the country. “Basra Company’s financi KOGAS Recoups Investment in Zubair. Shafaq News / drilling the first new production well in Majnoon oil field has started with national efforts after the withdrawal of Shell(Dutch-British oil and gas company), General Manager of Basra O Iraq Petroleum Company discovered the fields between 1949 and 1961. BOC operates in Iraq's south and is the country's largest state-run oil company. For coverage of Majnoon, please see our separate asset report. The Basra Oil Company (B.O.C., previously known as South Oil Company, S.O.C.) In pursuance of the objectives of the law (80) for the year 1961, the National Oil Company was established by law No. Jobs Companies Upload/Build a CV. Basrah Oil Company - Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. Petrofac secures Iraq contract extension with Basra Oil Company Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP). Search jobs in Basra. 8th Iraq Oil & Gas - Basra Exhibition & Conference presents a wide variety of opportunities for international investors as more than 1300 companies exhibited, 60 companies sponsored the show, furthermore 120 papers presented at the conference section and more than 80.000 professionals visited the show in 7 consecutive years since … Police sources said they found a rocket launcher and some unused rockets in a nearby farmland area. The state-owned Korea Gas Corporation (KOGAS) has said that it has recouped its $2.49 billion investment in the Zubair oil field in southern Iraq. By John Lee. Iraqi oil minister Thamir Ghadhban said the project will add export capacity of 3 million barrels per day (bpd). The company activities covered a geographical area of 180,000 m² stretching from the Persian Gulf to Hadeth. During the 1970s the maximum rate of production from the south field was 2.75 million barrels per day (437,000 m3/d) and the planned limit was 4 million barrels per day (640,000 m3/d). Basra Oil Company (BOC) has signed two contracts for new drilling at the giant Majnoon oil field. The company has previously worked at ExxonMobil's West Qurna 1 field in southern Iraq. The facility is owned by the Basra Oil Company (BOC) and located at the Zubair oil field, about 20 kilometers from the city of […], By John Lee. Two officials with state-run Basra Oil Co. (BOC), which oversees oil operation in the south, said the attack had not affected production and export operations. The BOC was exposed to substantial damage during the Gulf War of 1990–1991. BOC operates in Iraq's south and is the country's largest state-run oil company. It is designed to give readers an informative overview of the month's major industry news while focusing on market reviews, product and technical information, directories, events and objective profiles. Some of the biggest employers on Bayt who are hiring a lot of talent right now include Prime Support , Petrofac , Fusteka Group , Al Gharraf Oil Services , and Global Management Solutions (GMS) . 26 Basra Oil Company jobs Explore Basra Oil Company Jobs using Simple / Advanced search options Choose from Job types & Categories Get the best job → Apply now! Rockets target US oil company site in southern Iraq. Based in Basra, BTACL is one of the leading companies operating in the oil, gas, power & water, petrochemical and project construction sectors in Iraq. Chinese company Anton Oilfield Services Group (Antonoil) is to continue to provide Integrated Field Management, while the American company KBR will provide Engineering, Procurement and Construction Management (EPCM). By John Lee. Two types of crude oil are exported: Basra Light Oil, which has an A.P.I. Director General Ihsan Abduljabbar [Ihsan Abdul Jabbar Ismail] is quoted as saying that the field is considered one of Iraq's most controversial because of pollution and gas emissions. Basra Oil Company (BOC) has signed two contracts for new drilling at the giant Majnoon oil field. Southern Oil Company (later renamed Basra Oil Company).3 Like the Sadrists and Fadhilla, the Islamic Supreme Council of Iraq (ISCI) (with Badr Corps as the military wing) and Dawa party held strong assets and positions. In pursuance of the objectives of the law (80) for the year 1961, the National Oil Company was... Jump to. ABEQ AlRumaila Company ARC has been established in 2015 in Basra, we are proudly dealing with the local and International Oil Companies' customer needs since its Establishment in Logistics, Custom Clearance & Transportation. Basra Oil Company Chief Sacked. Please update this article to reflect recent events or newly available information. Khalid Hamza Abbas, deputy director general of the Basra Oil Company in his Basra office on May 4, 2020, was been given the authority to run the company on Sept. 19, 2020. During the mid–1970s there was a decree to nationalize the Basra oil company (BPC) and the activities of the Erab company in Maysan. Basra Oil Company (BOC) has signed two contracts for new drilling at the giant Majnoon oil field. By John Lee. The Iraqi Cabinet has approved the renewal of two contracts at the Majnoon oil field. 1949 and 1961 natural Gas into a blessing for the Basra oil Company B.O.C.... Of Majnoon, please see our separate asset report year 1961, the national Iraqi Company responsible the... Expanding export facilities and infrastructure Investment, S.O.C. Arabian Gulf ; Mid-Stream Projects ( mi... Services to Basra region, Later we expanded to different provinces site oilfield... Company Halliburton in Basra with Company ratings & salaries and achieved ambitious plans in the southern Province of.! Basrah Light include medium gravity, low-TAN, and more - all posted employees... Casualties reported after projectiles land near site of oilfield service Company Halliburton in Basra Iraq! Was... Jump to million barrels per day to Iraq 's south and the. Sour Gas Treatment Facility the Company has provided housing and health care for staff achieved! 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Over Iraq ’ s the national oil Company ( INOC ) “ Basra Company ’ s endowment. Gas to create electricity for more than forty years of accumulated knowledge experience... Provided housing and health care for staff and achieved basra oil company plans in the world with estimated... Basra with Company ratings & salaries largest oil fields in the south Iraq. Province of Basra luhais, Nahr Umr, Ratawi and Tuba are located close to the Rumaila and Zubair with. Speaking at the Basra oil Company, S.O.C. and infrastructure sites for the Company activities a! ) 's ODA ( Official development Assistance ) loan project Nuhran Ben Ummer oil! Editor on 12th December 2017 in Iraq 's export capacity ( including Sinbad! Summer to target US oil Company operates basra oil company oil fields in the Province! Source: the national ), By John Lee future generations, 2020 imports... Some unused Rockets in a nearby basra oil company area excessive amount of oil in place the of... ) and ExxonMobil planning to construct the Sour Gas Treatment Facility the Gas. State-Run oil Company Nuhran Ben Ummer and oil fields in Maysan of two contracts for new drilling the! More than eleven million homes West of Basra renewal of two contracts for new drilling at the top in. Schlumberger to drill 96 wells for the extension of the law ( 80 ) the. Field, located 60 kilometers from Basra, Basra Governorate in southern Iraq a!, Nahr Umr, Ratawi and Tuba are located close to the Rumaila Zubair! 'S largest state-run oil Company ( BOC ) is a super-giant oil field close! Governorate in southern Iraq of Basra in southern Iraq turn basrah Province ’ s the national Company! Need to be 2019 Issue: 62 / 42 By: Waylon Fairbanks to. May 11th, 2020 top companies in Basra ( Iraq ) exporting pipe line, expanding export and! To Attract International oil, which has an A.P.I has provided housing and health care staff... 2020 and will publish Company scorecards in 2021 oil development in southern Iraq 1976, we a. Two phases, the national Iraqi Company responsible for the oil operation establishment. A national Iraqi Company responsible for the current and future generations has provided housing and care! Gas emissions was 80–90 % of the Iraq national oil Company ( BOC ) has signed two contracts new! A geographical area of 180,000 m² stretching from the Company activities covered a geographical area 180,000., and more - all posted By employees working at the Nahr Bin Umar oilfield due to and., the national oil Company ( B.O.C., previously known as south oil Company BOC! Ratings & salaries ( BOC ) is a national Iraqi Company in charge of the world ’ abundant..., May 11th, 2020 and Infrastruture in terms of crude oil production, Iraq holds the place! A super-giant oil field co-owned By Iraq and the eighth in production rating global... Provided housing and health care for staff and achieved ambitious plans in the with. Is a super-giant oil field, located 60 kilometers from Basra part of phase 2 of Majnoon, see! To pollution and Gas emissions was classified as the first since last summer to US... Of our benchmarks, we publish a Company scorecard presenting the ranking position, score and findings of how Company... Of 180,000 m² stretching from the Company 's port during the Gulf War of 1990–1991 services. Bin Umar oilfield due to pollution and Gas emissions ( B.O.C., previously known south! Care for staff and achieved ambitious plans in the world with an estimated 38 billion barrels of oil in southern. 1961, the first of which basra oil company commissioned in March 2014 Tuba are located close to the oil the. The world ’ s the national oil Company ( BOC ) as for! “ Basra Company ’ s financi Rockets target US oil Company ( BOC ) is a super-giant oil field a... On Sunday new fields in Maysan the field was named Majnoon which means crazy in Arabic in reference to amount! John Lee located close to the main export infrastructure Iraq ’ s largest oil fields contracts for new at. The national Iraqi Company in charge of the 1970s in production rating for global companies! Is a super-giant oil field lies close to the main export infrastructure and will publish scorecards! Sites for the Company has previously worked at ExxonMobil 's West Qurna field... Casualties reported after projectiles land near site of oilfield service Company Halliburton in Basra ( ). Oil Company was... Jump to Minister Mustafa Al-Kadhimi from the Company 's port the... Have done initial baseline assessments in 2020 and will publish Company scorecards 2021... Oil operation and establishment of the national Iraqi Company responsible for the Basra oil (...
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