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West Qurna (Arabic: غرب قرنة) is one of Iraq 's largest oil fields, located north of Rumaila field, 65 km northwest of Basra. West Qurna is believed to hold 43 billion barrels (6.8 × 109 m 3) of recoverable reserves – making it one of the biggest oil fields in the world. [1] . Until 2009, the field was closed to Western firms. [2]

In January 2022, the Iraqi cabinet approved the sale of Exxon's stake in the field to the state-owned Basra Oil Company (BOC) at a price of up to $350 million. In August 2022, it was reported that Pertamina would take an additional 10 percent …

Qurna West 1 Oil Field (غرب القرنة) is an operating oil field in Iraq.

On January 1, local time, China National Petroleum Corporation (CNPC) officially took over from U.S. oil giant ExxonMobil as the lead contractor of the West Qurna-1 oilfield in Iraq, with the handover ceremony held on the site of the oilfield in Basra. Located about 50 kilometers northwest of Basra, the oilfield is one of Iraq's largest.

2024年1月2日 · ExxonMobil has officially exited the West Qurna 1 oilfield in southern Iraq and transferred operations to PetroChina, reported Reuters, citing Iraq’s deputy oil minister.

WQ1 is one of three segments of one large oil field complex located in southern Iraq that is bounded by the Rumaila Field to the south and the West Qurna II field to the north. The facility, located in the province of Basrah, is designed to process full well stream fluids from the production wellhead area and separate them into associated gas ...

The West Qurna 1 Oil Field is located in the southern part of Iraq and is operated by PetroChina. The field is one of the largest oil fields in the world with expected recoverable reserves of over 20 billion barrels.

2024年11月13日 · State-run Iraqi News Agency (INA) has reported that the management of the West Qurna 1 oil field in northern Basra has announced a plan to increase the capacity of the seventh isolation station to 320,000 barrels per day (bpd) by 2025. The isolation station began production in 1998 at a rate of […] By John Lee.

The Iraqi National Oil Co. will acquire ExxonMobil's stake in the West Qurna 1 oil field, following the government's approval of the takeover, oil minister Ihsan Ismaael said in a statement Jan. 5, as the revived state-owned company takes on holdings in new projects. The minister didn't provide any further details.