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Al Başrah Oil Terminal, commonly referred to as ABOT, is a strategically critical Iraqi offshore, deep sea crude oil marine loading terminal that lies approximately 50 km (31 mi) southeast of the Al-Faw Peninsula in the Persian Gulf.
Basra a.k.a. Basra Governorate is a governorate in southern Iraq, bordering Kuwait to the south and Iran to the east. The capital is the city of Basra. The capital is the city of Basra. Other districts of Basra include Al-Qurnah, Az Zubayr, Al Midaina, Shatt Al Arab, Abu Al Khaseeb and Al Faw located on the Persian Gulf. The news agency quoted Basra Oil Company (BOC) chief Ihsan Abdul Jabbar as saying on Wednesday that output will rise from 440,000 barrels of crude oil per day (bpd) to 490,000 bpd in the “next few days”.
The Dubai-based company claims to be poised to “control key stages of the marine fuel supply chain”, offering a broad range of marine fuels. Among the listed strengths of the company are oil terminals in Iraq and floating storage in Basra anchorage, along with man power stationed in Iraq, UAE & Singapore. BOC, formerly known as South Oil Company, is Iraq's largest state-owned upstream oil company and one of the major fundamental formations of the Iraq National Oil Company (INOC).
About us. Due to the widely demand Energy Logistics was formed in 2008 and is the first local oilfield logistics company to operate in Kurdistan region of Iraq with the support of established international partners. Aug 19, 2019 · The EPC contract for the sour gas treatment facility is part of phase 2 of Iraq’s Majnoon oil field development megaproject. The client on the project is Basra Oil Company (BOC). The scope for the sour gas treatment facility package includes: Construction of 160 million cubic-feet-a-day gas treatment facility; Construction of gas handling ...
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). 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. By John Lee. Basra Oil Company (BOC) has signed two contracts for new drilling at the giant Majnoon oil field. China’s Hilong Oil Service & Engineering Company is to drill 80 oil wells at a cost of $54 million, while the Iraqi Drilling Company (IDC) will drill 43 oil wells at a cost of $255 million.
The Joint Venture captures associated gas that is currently being flared from three oil fields in southern Iraq – Rumaila, West Qurna 1 and Zubair. 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%. This is the first new oil project to start production in Iraq over the past two decades. Jul. 1, 2010 The operation management rights of Rumaila project was officially handed over to ROO, which is jointly established by BP, CNPC and Iraq South Oil Company.
A free inside look at Oil & Gas Services reviews for other companies in Basra. Company reviews and salaries posted anonymously by employees. 2017 Basra Oil & Gas. Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia, and it holds the world’s fifth-largest proved crude oil reserves after Venezuela, Saudi Arabia, Canada, and Iran.