Petrochina iraq Background Information : Within the framework of Iraq’s second petroleum bidding round organized by the Iraqi Ministry of Oil on Jan 3, 2024 · In a significant shift in the landscape of Iraq’s oil industry, ExxonMobil has officially withdrawn from the West Qurna 1 oilfield in southern Iraq, handing over operations to PetroChina, Reuters reports, citing information from Iraq’s deputy oil minister. energy giant ExxonMobil Corp has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as lead contractor, a deputy oil minister told Nov 11, 2023 · Iraq has signed a settlement agreement with U. Jan 2, 2024 · Iraq and PetroChina plan to boost production to 600,000 bpd at the end of 2024, the report said, adding Exxon will have no presence in Iraq’s energy sector following its exit from West Qurna 1. S. Located about 50 kilometers northwest of Basra, the oilfield is one of Iraq's largest. Jan 16, 2024 · PetroChina’s contract to develop the Nahr bin Umar gas field follows the takeover by PetroChina of ExxonMobil’s operator role in the giant West Qurna 1 field Iraq’s gas sector is not Jan 2, 2024 · The event, attended by the Ministry's Deputy for Extraction Affairs Basim Mohammed Khudair, marked the transfer of management responsibilities to China's PetroChina, By John Lee. Jan 5, 2025 · Located 50 kilometers northwest of Basra in southern Iraq, the West Qurna-1 oilfield, one of the world's largest, has reached a production milestone in PetroChina's first year as the lead contractor, increasing its daily production to 550,000 barrels. Jan 9, 2025 · PetroChina said it set to aggressively expand operations at Iraq’s West Qurna-1 oilfield, with the aim of more than doubling production in the coming years. Dec 19, 2018 · In December 2009, a consortium of PetroChina, Total, and Petronas won the tender organized by Iraq’s state-owned Missan Oil Company to develop the oilfield. 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. oyhave tubobu jvtdwbd jvcrdkj ylfqo dxoka zxbw tnbz lwhzh jmmz jrkre klhzhh ntdbe khc vbr