Iraq was the world's 5th largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves. Just a fraction of Iraq's known fields are in development, and Iraq may be one of the few places left where vast reserves, proven and unknown, have barely been exploited.

Oil reserves in Iraq are considered the world's fifth-largest proven oil reserves, with 140 billion barrels. [ 1 ] [ 2 ] As a result of military occupation and civil unrest, the official statistics have not been revised since 2001 and are largely based on 2-D seismic data from three decades ago.

1 天前 · Iraq's Prime Minister, Mohammed S. Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The contract covers the Kirkuk field (Baba and Avana domes), Bai Hassan, Jambur, and Khabbaz.

1 天前 · Iraq, on Wednesday, finalized a contract with the London-based oil major, BP, for the development and production of four Kirkuk oil fields. The project is a breakthrough for Iraq, where output has been constrained by years of war, corruption and sectarian tensions, and a cornerstone of BP’s drive to refocus on its oil and gas business and away from renewables, …

6 天之前 · Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq. By John Lee. Iraq's Council of Ministers has approved the award of Tender No. CSSP-ITT-06 from Basra Oil Company (BOC) to China Petroleum Pipeline Engineering Co., Ltd. (CPPE).

1 天前 · BP will develop Iraq's Kirkuk oil and gas fields based on a profit-sharing model, Iraqi oil ministry officials have revealed. BP will spend as much as $25B in a deal that will last more than 25 years.

Iraq holds abundant oil and gas resources and has strong solar PV potential. Its production to 2030 is set to be the third largest contributor to global oil supply. By the same year, the government expects that renewable capacity will amount for 5% of …

2024年11月10日 · Iraq produced 4.118 mbpd of crude oil in 2023 as the fifth top country in the world, which accounted for about 5.62% of the global production. Furthermore, Iraq exported an average 3.47 mbpd in 2023, making it the fourth largest crude oil exporter in the world.

2025年1月21日 · Iraq has announced the discovery of a massive oil field expected to significantly increase the country’s hydrocarbon reserves, but Baghdad will face a number of challenges in its attempt to exploit the new resource.

1 天前 · The agreement is for an initial phase that includes oil and gas production of more than 3 billion barrels of oil equivalent. It includes the Baba and Avanah domes of the Kirkuk oil field and three adjacent fields in Federal Iraq – Bai Hassan, Jambur and Khabbaz – all of which are currently operated by the NOC.