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May 23, 2023 · Bassim Abdul Karim, director general of the Basra Oil Company, visits the Majnoon oil field in May 2023. The SOC was classified as the first company in Iraq and the eighth in production rating for global oil companies. Jul 11, 2023 · The Gas Growth Integrated Project focuses on bolstering the country’s oil-rich but underdeveloped Basra province. Basra Oil Company: Third offshore pipeline to complete by 2023 Thursday, July 18, 2024 Dec 6, 2022 · In addition, the trading companies are the essential intermediaries between crude oil-producing regions like Basrah and the downstream refining regions like Asia, Europe, and the U. The expansion began with The second split: Basrah Medium and the challenge of Iraqi crude quality. تقوم الشركة بإنتاج وتصدير النفط من حقول البصرة والمناطق المجاورة. Based in Basra, the company was formerly known as the South Oil Company (SOC) and has 25,000 employees with experience and skill sets across all aspects of oil exploration and production. Iraqi officials have been in talks with U. Iraq Oil Report has seen a copy of the order appointing Karim, which was signed by Oil Minister Hayyan Abdulghani on Dec. The company was founded in 1964 and is based in Basra, Iraq. Although brought on-stream by the state-owned Iraq South Oil Company (now Basra Oil Company) in 2002, the field development again suffered setback due to the Iraq War starting from 2003. May 12, 2022 · The Khor Al-Amaya Oil Terminal's new line will increase oil export capacity by 600,000 barrels per day (bpd). Apr 6, 2023 · “We are pleased to be part of this significant development, which is important for Iraq’s energy sector, and we look forward to working with TotalEnergies and Basra Oil Company to progress it to fruition. Iraq Crude Oil Export Expansion Project (ICOEEP), Phase 1 The Chinese Company COSL Middle East Discussing Ways of Cooperation with Basrah University of Oil and Gas For the second year in a row, Prof. BASRA SKY OIL & GAS SERVICE CO | 322 followers on LinkedIn. The President of the Iraqi National Oil Company (INOC) has laid the foundation stone for the $594-million crude oil processing plant at Block 9, within the Al-Fayha Oil Field in Basra Province. 19, 2020. A production facility from south port of Iraq up-to international Market | Basra Sky Oil & Gas Service is a global trading commodity Khalid Al-jabery currently works at the Business support and development department in Basrah Oil Company. Reuters. تعرف على أنشطة وإنجازات شركة نفط البصرة من خلال زيارة موقعها الإلكتروني. Carbon intensity View our alphabetically-organized library of crude oil assays showing API gravity, sulfur content and geographic location. Aug 24, 2021 · The new company, Basra Energy Ltd, would hold BP's interest in Iraq's giant Rumaila oil field and be jointly owned by China National Petroleum Corp (CNPET. The Aug 25, 2021 · The Rumaila Operating Organization currently operates the field, acting under the supervision and management of BP, as lead contractor, alongside the other partners. Luhais, Nahr Umr and Tuba are located close to the Rumaila and Zubair fields with tie-ins to the main export infrastructure. The company is headquartered in Iraq One of BGC’s growth projects is to move from high pressure (HP) LPG to Refrigerated LPG to enable the Company carry larger volumes of LPG to further markets in the future. 1080/15475778. BGC’s key operation is to gather, treat and process associated natural gas extracted from licensing round-1 oilfields: Rumaila, West Qurna 1 and Zubair turning natural gas into cleaner energy (otherwise flared). وزارة النفط العراقية شركة نفط البصرة شركة عامة B. Follow. Average yearly production is 900mmscf/d, this is enough gas to produce approximately 3. About South Refineries Company - Basra, IRAQ. 1080 After a protracted process to finalize an engineering, procurement and construction (EPC) contract among international bidders, Basrah Oil Company (BOC) awarded its mega Common Sea Supply Project (CSSP), worth $2. 5° Celsius and their contributions to a just transition. Basra Energy will be owned by BP and China National Petroleum May 11, 2020 · Khalid Hamza Abbas, deputy director general of the Basra Oil Company in his Basra office on May 4, 2020, was been given the authority to run the company on Sept. The Indian oil companies are large refineries and have a significant stake in the overall crude oil operations in the region. Investment and development stages of the north Rumaila field were completed in three stages, leading to a rate of production of 42 million tons per year and this coincided with the expansion of works in all fields Sep 29, 2021 · Iraq has converted nearly half of its export capacity at its southern terminal on the Gulf coast to load its Basrah Medium crude, sources at the country's State Oil Marketing Organization and Basrah Oil Company said, enabling the country to boost shipments of the increasingly popular grade. The Manjoon Oil Field project further extends KBR's long history in Iraq and allows KBR to develop a long-standing partnership with BOC while also providing a significant economic benefit . iq هي إحدى الشركات التابعة لوزارة النفط العراقية. The company`s areas of execution are natural gas fields in north and south Rumaila, Luhais, Saba, Nuhran Ben Ummer and oil fields in Maysan. Indian Oil Companies. Investment and development stages of Oil and Gas Job Search Ltd Basra, Al-Basra Governorate, Iraq 3 weeks ago Over 200 applicants See who Oil and Gas Job Search Ltd has hired for this role Jun 29, 2021 · The Basrah Gas Company is a joint venture between the Iraqi state, Shell and Mitsubishi. Basrah Oil Company (BOC) | 14,798 followers on LinkedIn. -- · الخبرة: Basrah Oil Company (BOC) · التعليم: University of Basrah · الموقع: بصرة · 47 زميل على LinkedIn. The Joint Venture captures associated gas that is currently being flared from three oil fields in southern Iraq – Rumaila, West Qurna 1 and Zubair. West Qurna-1 is one of the world’s largest oil fields. Its main activity is to take care of the oil and gas reserves in the south of Iraq. In an order this week, Oil Minister Jabbar al-Luiebi formally renamed SOC, where he worked for decades, including as director general from 2003 to 2008. 7% in the West Qurna-1 oil field development project to the Iraqi state oil company Basra Oil Company (BOC). (11) for the year 1964 to BASRAH ENERGY FZC, is an import, export, trading of Petroleum product. 15, 2022. 382 likes. Jun 19, 2022 · Iraq's Basra Oil Company will acquire the biggest share in Exxon Mobil's stake in the southern West Qurna 1 oilfield after approving the 2022 budget, oil minister Ihsan Abdul Jabbar told reporters The following is a list of International Oil Companies (IOCs) operating in Iraq under licences granted by the Ministry of Oil in Baghdad: Anton Oil Bashneft BP China National Offshore Oil Corporation (CNOOC) China National Petroleum Corporation (CNPC) Crescent Petroleum Dragon Oil Egyptian General Petroleum Corporation (EGPC) Eni ExxonMobil Gazprom Geo-Jade Petroleum Inpex Itochu Japan Rumaila: Delivering for Iraq Rumaila is managed by the Rumaila Operating Organization (ROO) – a joint venture between BOC, Basra Energy Company Limited (BECL) and Oil Marketing Company (SOMO) which was established to transform the field into a world-class operation to serve Iraq and its people. The leading contractor for this site is the Chinese oil and gas corporation PetroChina. , Hassan Mohammed as saying: “We studied the settlement agreement and the oil ministry with the Basra Oil Company believe that the Jan 6, 2022 · By John Lee. Recent Visit by Antonoil Services DMCC and Basrah Oil Company (BOC) Representatives We are pleased to share that as part of our recently awarded contract for Core Analysis Services at the Majnoon On November 9, 2023, the American company ExxonMobil signed an agreement to transfer the remaining 22. Furthermore, in agreement with the Iraqi Government, TotalEnergies has invited QatarEnergy to take a 25% stake in the GGIP. com. Ihsan Abdul-Jabbar Ismail said that the development is important for the production of light oil, with a target for this […] Apr 5, 2023 · Basrah Oil Co. and foreign companies that are repaid costs plus a fee per barrel to develop fields, while Jun 24, 2022 · The Iraqi government has agreed to buy out ExxonMobil’s 32. Aug 18, 2016 · Deputy chief Engineer at Basrah Oil Company (BOC) · Graduated from Missouri University of Science and Technology, Ph. The center includes, workshops, storage, offices and May 20, 2021 · Basra Oil Company (BOC) Director General, Mr Khalid Hamza Abbas, said: "Rumaila's achievements in 2020 deserve great recognition, not least within the context of the global pandemic. The consortium will thus be composed of TotalEnergies (45%), Basrah Oil Company (30%) and QatarEnergy (25%). 7% stake in the southern West Qurna 1 oil field, with state-owned Basra Oil Company acquiring the largest share in what is touted as one of the world’s largest oil fields with recoverable reserves estimated to exceed 20 billion bbl. The Iraqi cabinet has agreed to allow the Basra Oil Company (BOC) to take over ExxonMobil's holding in the West Qurna 1 oilfield, at a price of up to $350 million. Jan 9, 2023 · Basra Oil Company (BOC), formerly known as South Oil Company, is a national Iraqi company, headquartered in Basra, Iraq. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. BP has a 47. Apr 5, 2017 · BASRA - The name of Iraq's largest state-owned upstream oil company now reflects the name of Iraq's oil capital: the South Oil Company (SOC) has officially become the Basra Oil Company (BOC). 4% and remainder held by state-owned Basra Oil Co. Dec 18, 2022 · BAGHDAD/BASRA - Bassem Abdul Karim has been appointed the director general of the state-run Basra Oil Company (BOC), a key role with direct responsibility for the vast majority of Iraq's oil production. May 5, 2016 · Al-Gharraf’s main objective is serving oil companies and multinational oil & gas service companies in their bid to develop Iraq’s upstream oil & gas sector. Oct 2, 2020 · By John Lee. The Majnoon field was discovered by Braspetro (formerly Petrobras of Brazil) in 1975 under a 24-year risk exploration, production and service contract signed with Iraq National Oil Company in August 1972. In 2020, the company did not disclose its revenue or number of employees. D. Basrah oil Co is a company that operates in the Oil & Energy industry. Basrah Oil Company (BOC) | LinkedInのフォロワー数12,435人。Events and activities have escalated steadily and rapidly, rising since the beginning of the 1970s. com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical Petroleum Project Management | Project Coordinator | Project Analyst | Business Analyst | Project Administrator · I am Tabark Osama, a recent graduate from the University of Basra for Oil and Gas with a Bachelor's degree in Oil and Gas Projects Management. There was attachment to the oil operation and establishment Nov 1, 2018 · In May of this year, KBR was awarded a contract by Basra Oil Company (BOC) for the project management and development of the Majnoon Oil Field in Basra, Iraq. It employs 101-250 people and has $25M-$50M of revenue. Shell is doing so with our partnership in the Basra Gas Company joint venture Non Operated Venture (NOV). West Qurna 1, in southern Iraq, is one of the world’s Nov 12, 2023 · Yesterday Reuters quoted the deputy manager of Basra Oil Co. BOC operates in Iraq's south and is the country's largest state-run oil company. 1698935 To link to this article: https://doi. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. The Basra Oil Company (BOC) is responsible for the development and production of crude oil in Basra. 45 billion, to Hyundai Engineering and Construction Company. BOC is wholly unaware of climate change issues and is disengaged from the low-carbon transition. In Iraq, this approach is fully aligned with the country’s strategy of capturing currently flared gas, optimizing the investment in its natural resources to achieve energy independence and creating employment opportunities for Iraqis. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. LinkedIn Facebook Twitter YouTube Indeed Apr 22, 2021 · BASRA - Iraq's state-run Basra Oil Company (BOC) is at the center of the country's high-profile negotiations with two international oil companies — ExxonMobil and Total — which are, respectively, looking to leave Basra and make massive new investments there. 1), which is one of the major manufacturing units in the country where the production of oil derivatives using the latest scientific methods and advanced technology in production, which Basrah Oil Company (BOC) | ١٧٬٠٥٢ من المتابعين على LinkedIn. Follow future activiy from Basrah Oil Company. Jul 1, 2024 · Oil & Gas Jobs in Basra on Rigzone. Basrah Gas Company signs agreement with IFC to reduce gas flaring. 0 to 4 years (12 Oct 12, 2019 · The Majnoon oil field remained largely undeveloped due to the Iran-Iraq war that continued from 1980 to 1988. Jul 1, 2024 · Oil & Gas Jobs in Basrah, Basra Governorate, Iraq on Rigzone. and State Oil Marketing Organization. POWER PLANT MANAGER, DCS CONTROL ROOM SUPERVISOR, FIELD ENGINEERING MANAGER, POWER PLANT COORDINATOR and many more Basrah Oil Company (BOC) | 17,008 followers on LinkedIn. Jul 1, 2021 · IFC is investing in BGC to expand one of the largest gas flaring reduction projects in the world, to support a more resilient, sustainable energy sector in Iraq. C Basrah Oil Company (BOC) | 16,333 followers on LinkedIn. or g/10. Petrochemical product, OIL & GAS product. Basra Oil Company, Guttenberg, New Jersey. Iraq Signs Oil Agreement with Chevron. My thanks go to every member of staff who did his or her utmost to ensure the field continued to serve the nation at this most difficult time. (ALI AL-AQILY/Iraq Oil Report) Mar 24, 2021 · Schlumberger has won a $480-million contract to drill 96 oil wells in southern Iraq for the country’s Basra Oil Company and for ExxonMobil, which operates the giant West Qurna-1 field with partners from Iraq, Japan, Indonesia, and China. CIVIL ENGINEER, POWER PLANT MANAGER, DCS CONTROL ROOM SUPERVISOR, FIELD ENGINEERING MANAGER and many more Company. South Oil Company (SOC) is a national Iraqi company responsible for the oil in the South of Iraq, and is Heas Quarters of the company is situated in Basrah, Iraq. Addressing media after Wednesday's cabinet meeting, Minister of Communications Arkan Al-Shaibani (pictured) said the cabinet also allocated an initial payment of Jul 10, 2020 · US Customs records available for Basrah Oil Company. In pursuance of the objectives of the law (80) for the year 1961, the National Oil Company was established by law No. Basrah Gas Company is a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51% of its shares, Shell 44% and Mitsubishi Corporation 5%. Expert analysis on oil & gas renewables and clean energy. Basrah Gas Company, Climate emergency, energy transition, Gas flaring, IFC, NEWS. Between 2003 and 2006, bp conducted a technical evaluation of the Rumaila field with the Ministry of Oil and in 2009, bp and PetroChina were awarded a technical service contract (TSC) to increase production at Rumaila, in partnership with the state-owned South Oil Company, recently renamed Basra Oil Company (BOC). 4GW of electricity for millions of homes and industries in Iraq. Dr. May 3, 2019 · West Qurna-2, located near Basra, Iraq, is one of the world’s biggest onshore oilfields. Read more here. Dec 6, 2019 · delay in Iraqi petroleum industry: A case study in Basra Oil Company, Journal of Transnational Management, DOI: 10. 2019. Raad Zaalan Hammoud wins the Iraqi Universities Top Prize May 11, 2022 · JICA had said in a statement that the project aims to increase the quantity and quality of oil products including gasoline, diesel and kerosene in Iraq by installing a Fluid Catalytic Cracking (FCC) Complex. Investment and development stages of Training and development of Iraqi personnel, both of local contractors and of Basra Oil Company; the energy within. Events and activities have escalated steadily and rapidly, rising since the beginning of the 1970s. Jun 6, 2020 · Ismaael -- who was the director general of Basra Oil Company (BOC) -- takes over for Ali Allawi, the finance minister, who had been serving as interim oil minister and has been elevated to deputy prime minister for economics and energy, overseeing the oil ministry. There was attachment to the oil operation and establishment of the national oil company. ” TotalEnergies and Iraqi government have agreed to allot a stake of 30% to the state-owned Basra Oil Company (BOC) in the project. To ensure optimum service to the industry Al Gharraf is currently developing its own center of operations in the Rumailah field. Investment and development stages of the north Rumaila field were completed in three stages, leading to a rate of production of 42 million tons per year and this coincided with the expansion of works in all fields. O. BGC’s key operation is to gather, treat and process associated natural gas extracted from licensing round-1 oilfields: Rumaila, West Qurna 1 and Zubair turning شركة نفط البصرة - boc. Umm Qasr (UQ) Port The Umm Qasr Storage Terminal (UQ ST) and Marine Terminal (UQ MT) are located to the south of Basrah city, which were both built in the 1980s. Basrah Mas Company for general contracting LTD is a family owned company serving the southern part of Iraq. The onshore project is being developed in two phases, the first of which was commissioned in March 2014. Apr 5, 2023 · The French oil-and-gas major on Wednesday said that Iraq’s Basrah Oil Company will take a 30% stake in the gas growth integrated project, while QatarEnergy was invited to take a 25% stake The Iraqi Ministry of Oil (MoO) Master Plan 2007 included the Iraq Crude Oil Export Expansion Project (ICOEEP) to expand the South Oil Company's export capacity from 1. These are Luhais, Nahr Umr, Tuba and Majnoon. Apr 26, 2024 · Basra Oil Company operates four oil fields in the southern province of Basra. Basrah Gas Company BGC is a 25-year Non -operated joint venture(NOV) between Iraq’s South Gas Company holding 51%, Shell 44% and Mitsubishi Corporation 5% established in 2013. 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, which was discovered in 1953 and has been in operation since 1954, with The Iraq Petroleum Company (IPC), formerly known as the Turkish Petroleum Company (TPC), is an oil company that had a virtual monopoly on all oil exploration and production in Iraq between 1925 and 1961. 46,406 likes · 923 talking about this · 98 were here. S. عرض ملف Falah Abdul-Hassan الشخصي على LinkedIn، وهو مجتمع احترافي يضم مليار عضو. Basra Oil Company (BOC) is a state-owned upstream oil and gas company headquartered in Iraq. News. QatarEnergy confirmed the agreement in a separate press release, while Iraq's cabinet approved in an April 4 meeting the revision of its stake to 30% from 40%. Basra Oil Company was formerly known as South Oil Company and changed its name to Basra Oil Company in April 2017. Nov 28, 2023 · NASSIRIYA - Mohammed Yassin Hassan al-Obaidi has been appointed acting director general of the state-run Midland Oil Company (MdOC), replacing Qaddouri Abd Salim, according to an Oct. 30 order issued by the Iraqi Cabinet, which was seen by Iraq Oil Report. Nov 11, 2023 · Basra Oil Company director Khalid Hamza told Reuters in an interview in 2021 that Exxon was seeking to sell the share for $350 million. energy giant Exxon and Chinese companies over May 20, 2024 · By John Lee. TotalEnergies would take on a 45% stake in the Basra Oil Company, with Iraq holding 30% and Qatar’s state-owned petroleum company taking the other 25%. Jun 29, 2021 · About Basrah Gas Company (BGC) BGC is a 25-year incorporated Joint Venture between Iraq's South Gas Company holding 51%, Shell 44% and Mitsubishi Corporation 5%. During the mid–1970s there was a decree to nationalize the Basra oil company (BPC) and the activities of the Erab company in Maysan. Our company was established to address and to engage in a wholesale and distribution of Petroleum products within the oil industry. Basrah Gas Company is a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51% of its shares, Shell 44% and Mitsubishi Corporation 5%. Thursday, July 18, 2024 MJ-136 oil well in the Majnoon oil field is part of a project to drill 43 oil wells for the Basra Oil Company South Refineries Company (Oil refining company under the Iraqi Ministry of Oil) Location: Basrah/Republic of Iraq: Completion: 2025 (scheduled) Scope: EPCC: Capacity: Fluid catalytic cracking unit: 34,500 BPD Vacuum distillation unit: 55,000 BPD Diesel desulfurization unit: 40,000 BPD etc. Majnoon oilfield discovery and geology. 5 Mbbl (720,000 m 3) of oil per day by 2014. In November 2020, ahead of annual term contract negotiations, Iraq’s State Oil Marketing Organisation (SOMO) announced it would further split its crude streams from two into three by launching a new export grade: Basrah Medium. The expansion May 17, 2022 · Iraq's oil industry is mostly based on technical service contracts between the state-backed Basra Oil Co. BGC is a 25-year joint venture between Iraq’s South Gas Company holding 51%, Shell 44% and Mitsubishi Corporation 5% established in 2013. Feb 1, 2023 · The head of Iraq's Basra Oil Company (BOC) told Reuters on Wednesday that he expects Qatar to acquire a 20-25% stake in TotalEnergies' $27 billion cluster of energy projects in the country, with Jul 19, 2023 · In the end, Total took a 45% share while the state-owned Basra Oil Company took 30% and QatarEnergy 25%. Khalid does research in Artificial Neural Network, Computer and Society and Computer Apr 5, 2023 · The Iraqi Government and TotalEnergies have agreed on a 30% stake for the Basrah Oil Company (BOC) in the GGIP. I am passionate about developing my skills in industrial management and seeking an opportunity to start my career in a leading company Jan 22, 2018 · The Nahr Bin Omar field in energy-rich Basra Province currently produces 40,000 barrels of oil a day. South Refineries Company was founded in 1969 through the establishment of Basra refinery, which actually began production on 1974 by establishing (Refining Unit No. Aug 13, 2020 · Yokohama, Japan - JGC Holdings Corporation announced today that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award for the Basrah Refinery Upgrading Project for an Iraqi oil refining company under the Iraqi Ministry of Oil. UL), one of BP's partners at the site. gov. Jul 26, 2022 · Iraqi Drilling Company completes 92 oil wells in 2022. will have a 30% stake and QatarEnergy a 25% interest, with TotalEnergies holding the remainder, the French company said in an April 5 statement. The South Refineries Company had contracted with Japan Gasoline Company (JGC) in October 2020 to implement the project, the statement said. Oilprice. Eni (12) Experience. " Our 2023 Climate and Energy Benchmark in the oil and gas sector measures the world’s 100 most influential companies in the oil and gas sector on their alignment with the Paris Agreement goal of limiting global warming to 1. Aug 26, 2021 · The new entity, which will be known as Basra Energy Company Ltd, would hold BP’s interest in the super-giant Rumaila oilfield. Oct 17, 2019 · ROO was formed as a partnership between the South Oil Company of Iraq (now Basra Oil Company), the State Oil Marketing Organization, BP, and PetroChina in 2010, under a 20-year technical services contract (TSC) developed by the Ministry of Oil in 2009 to revive the field and raise its production. Even though we’ve grown since the founding of the company in the 2000s, we continue to be true to our roots, we know that our reputation for integrity and professionalism must be re-earned with every project. (ALI AL-AQILY/Iraq Oil Report) Ali al-Aqily of Iraq Oil Report. The leading global oil, gas and energy news resource. Tuesday, 12th June 2018; by Editorial Team; Iraq’s Basra Oil Company and Dhi-Qar Oil Company have signed a memorandum of understanding with Chevron for studies and seismic surveys on oil activities in the country. oil. in computer engineering, Currently working as an IT engineer at Basrah Oil شركة نفط البصرة, Basra, Iraq. 6% stake in Rumaila Operating Organization, PetroChina 46. The field is currently being operated by state-owned oil company, Basra Oil Company. 75 Mbbl (278,000 m 3) of oil per day (MMBOPD) to 4. Saudi Arabia's ACWA Power would participate in the solar farm, the statement last week said. Jun 24, 2022 · The Iraqi government has agreed to buy out ExxonMobil’s 32. The project is owned and operated by Lukoil (75%) and North Oil Company (NOC, 25%), the state-owned company of Iraq. ho is dr so cu zv lc nr cs tx