Basrah – Rumaila’s facelift is continuing despite a few hiccups that pushed production down to below the initial production rate (IPR) of 1.065 million barrels per day. That’s the rate at which Rumaila was producing under SOC last year until BP with CNPC signed a service contract to stop the decline and develop the field further to bring it up to 2.85 million b/d within 6 years. However, SOC officials…
Tag: SOC
Dhiya Jaafar
South Oil Co (SOC) Director General Dhiya Jaafar gives an update on the state of Iraqi oil production, infrastructure expansion and ongoing projects and problems in an interview with Ruba Husari Nov. 1st, 2010, in his office in Basrah. Q: How do you explain the continued decline in production at Rumaila oil field where BP was the first to sign a development contract, precisely to arrest the decline and increase…
Iraq’s Upstream Oil Industry: The Next Legislative Challenge
Thamir Al-Ghadban: Iraq Upstream Oil Industry, The Next Legislative Challenge Speech to Iraq Future Energy conference – Istanbul Sept. 27, 2010
Ashti Hawrami
The Kurdistan Regional Government’s minister of natural resources, Ashti Hawrami, spoke to Ruba Husari in Erbil late July on the latest developments in Kurdistan’s upstream and downstream sector, the smuggling controversy, differences with Baghdad over crude exports and the fate of the federal hydrocarbon law. Q. What’s the status of the different contracts signed so far with the KRG and how is work progressing on the ground? A. We have…