After initially announcing three weeks ago that he was setting up Thi Qar Oil Co. in the Nassiriya province, Iraqi Oil Minister Hussein al-Shahristani seems to have got better advice since, and is now set on creating the Midland Oil Co. to be in charge of the central oil and gas fields. Thi Qar division within SOC will remain in charge of the fields in the province, mainly Nassiriya and…
Tag: Nassiriya
Abdul Karim Al-Luaybi
Senior Deputy Oil Minister for upstream Abdul Karim al-Luaybi speaks to Ruba Husari, editor of Iraq Oil Forum in Baghdad Aug.18. Q: How are your upstream plans progressing following the first bid round in June and as you prepare to practically launch the second bid round in Istanbul Aug.25? A: We are going ahead with parallel plans. Plans under the national effort on one hand are being executed in cooperation…
Trickling Production
Things are happening at Nassiriya oil field in southern Iraq. The field, which accounts for some 4.3 billion barrels of oil reserves, has become the latest oil field to start production in recent days, albeit at a moderate pilot rate of 20,000 b/d. Nassiriya was discovered by Iraq National Oil Co (INOC) in 1975 and remained undeveloped for more than three decades after the drilling of the first exploration well…