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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 ...
Shell was the operator and holder of 45 percent stake at Majnoon, with Malaysia's Petronas owning 30 percent, and Iraq's Missan Oil Company holding the remaining 25 percent. In June 2018 officials from Shell and Basra Oil Company met to mark the handing over of the operations of the field.
Oil & Gas Basra: 2010 Exploration & production S A State Organization for Marketing of Oil: Industrials Business support services Baghdad: 1972 Oil marketing S A South Oil Company: Energy Oil & Gas Basra: 1970 Exploration & production S A Trade Bank of Iraq: Financials Banks Baghdad: 2003 S A UR Airlines: Civil aviation Airlines Baghdad: 2019 ...
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 ...
It was discovered in 1950 and developed by Basrah Oil Company. It will begin production in 2018 and will produce oil . The total proven reserves of the Ratawi oil field are around 10 billion barrels (1.6 × 10 9 m 3 ), and production will be centered on 250,000 barrels per day (40,000 m 3 /d).
Bashundhara Oil and Gas Company Ltd., 40,000 bbl/d ... Basrah Refinery (Iraq National Oil Company), ... Lake Charles Refinery ...
In October, 2011, the South Oil Company awarded two contracts worth US$518 million and US$79.85 million to Leighton Offshore for delivery in January, 2013 with a scope of work running in parallel with Phase 1 that includes: [22] [26] [27] [28]