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The Rumaila oil field is a super-giant oil field [1] located in southern Iraq, approximately 50km to the south west of Basra City. [2] Discovered in 1953 by the Basrah Petroleum Company (BPC), an associate company of the Iraq Petroleum Company (IPC), [3] [4] [5] the field is estimated to contain 17 billion barrels, which accounts for 12% of Iraq's oil reserves, estimated at 143 billion barrels.
Basra Oil Company (BOC) (Arabic: شركة نفط البصرة), formerly Iraqi South Oil Company, [1] is a national Iraqi company responsible for the oil in the south of Iraq. It is situated in Basra. BOC is one of the major fundamental formations of the Iraq National Oil Company (INOC). It was the first nucleus and the basis of national direct ...
Public sector employment accounted for nearly 60% of full-time employment in 2011. [4] The oil export industry, which dominates the Iraqi economy, generates very little employment. [ 4 ] Currently only a modest percentage of women (the highest estimate for 2011 was 22%) participate in the labour force.
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Rumaila Operating Organization was founded by BP, PetroChina, the State Oil Marketing Organization (SOMO) and Basra Oil Company (BOC) (formerly South Oil Company (SOC)) in order to operate the 20-year rehabilitation and expansion of Rumaila oil field in southern Iraq, [1] which was discovered in 1953 and has been in operation since 1954, with extensive exploration and production since the late ...
The Az Zubair Field (Arabic: حقل الزبير), also known as Az-Zubayr, is an oil field located in southern Iraq, west of Basrah. It is one of the largest fields in the world and was discovered by the Basrah Petroleum Company, an associate [a] of the Iraq Petroleum Company, in 1949. Zubair was the first field developed by the company on a ...
ABOT was originally named Mīnā' al-Bakr Oil Terminal and was designed and commissioned into service by Brown & Root in 1974 with a design lifetime, with proper maintenance, of 20 years. [8] In 2003, the current name ABOT was adopted.
In 1836, gas was encountered when drilling a ten-foot water well in the Findlay field. However, it wasn't until 1884, that a gas well was drilled into the Trenton Limestone, after Dr. Charles Oesterlen organized the Findlay Natural Gas Company. Known as the Pioneer Well, it reached the limestone at a depth of 314 feet, and a gas reservoir at a ...
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