IDC’s Success Story

Iraq Drilling Co (IDC) is back in force and seems on the way to turn itself into a success story by teaming up with the big ones. After the short setback following the failed joint venture with Mesopotamia Petroleum, it has finally found the magic formula to play the leading role in the gigantic drilling effort that will take place across the Iraqi oil fields over the next few years….

At Iraq’s Big Kirkuk Field, Oil Flows but Damage Still a Problem

2 May 2003 Crude oil production from Iraq’s northern Kirkuk oil complex has been ramped up to 60,000 barrels per day this week and is likely to rise to at least 130,000 b/d once the first crude oil unit at the Baiji refinery becomes operational again, an official of North Oil Co. (NOC) said Thursday. “We started initial production at 20,000 b/d on Apr. 24 and are currently producing 60,000…