| Country |
: |
Iraq |
| Project Value |
: |
USD 6,500,000,000 |
| Sector |
: |
Oil and Gas | Exploration & Production |
|
Contractors |
: |
Halliburton
(Drilling) |
Baker Hughes
(EPC) |
Iraqi Drilling Company
(Drilling) |
| Profile Type |
: |
Master Project
|
| Associated Projects |
: |
Contract (2) |
|
Phase:
Construction - Execution
|
|
Completion: 2016
|
|
|
|
| Owner |
: |
Consortium of Missan Oil Company, KOGAS, ENI Group and Occidental Middle East Development Company
|
| Shareholders |
: |
Missan Oil Company - Iraq - 25.00 %
Occidental Oil and Gas InternationalOccidental Oil and Gas International - United States - 23.44 %
ENI GroupENI Group - Italy - 32.81 %
KOGAS - Japan - 18.75 %
|
| Location |
: |
Zubair, Al Basra, Iraq
|
| Contract Type |
: |
Construction |
| Facility Type |
: |
Oil field redevelopment |
| Capacity |
: |
1.125 million bpd of oil |
|
| Background |
The consortium of ENIENI, Occidental Petroleum, KOGASKOGAS and Missan Oil Company (led by ENIENI) plans to expand the Zubair Oil Field in Basra, Southern Iraq.
The project aims at increasing production from 182,000 bpd to 1.125 million bpd by 2016. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| 2016 |
Completion | Project expected to be completed
|
|
| Latest Events |
In January 2012, engineering works for the early production facilities and rehabilitation of production facilities packages were ongoing.
In 2016, the project is expected to be completed. |
| Previous Events |
In December 2011, the drilling contract was awarded to Baker HughesBaker Hughes.
In October 2011, bids for the drilling contract were under evaluation.
In May 2011, the Iraqi drilling Company started its drilling work on the project.
In January 2011, a USD 250 million contract to drill 23 new wells was awarded to the Iraqi Drilling Company. The deal also includes the overhauling of 63 old wells.
In August 2010, an energy services contract was awarded to Halliburton. The contract includes wire-line logging, perforating, acidising and well testing on 20 wells.
In November 2009, a technical services contract to redevelop the Zubair field was signed between SOCSOC and the consortium of ENIENI, Occidental Petroleum CompanyOccidental Petroleum Company, KGOC and Missan Oil Company. |
| Scope of Work |
Expansion of the oil field including:
- Drilling of 60 wells
- Wire-line logging
- Perforating
- Acidifying and well testing
- Revamp of existing production facilities
- Early production facilities |
| Contract Packages |
|
| Project News |
|
|
| Schedule | Contract Phase/Phase | Description |
| Nov 2009 |
BOO | Contract awarded to the consortium of ENIENI,Occidental Petroleum, KOGASKOGAS and Missan Oil Company
|
| Aug 2010 |
Construction | Energy sevices contract awarded to Halliburton
|
| Sep 2010 |
Construction | Drilling work started
|
| Jan 2011 |
Construction | Drlling contract awarded to Iraqi drilling Company to drill 23 new wells
|
| May 2011 |
Construction | Iraqi drilling Company started its drilling work
|
| Dec 2011 |
Construction | Drilling contract awarded to Baker HughesBaker Hughes
|
| 2016 |
Completion | Project expected to be completed
|
|
|
Key:
Master Project
Package Project
Contract Project
|
|
 |
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|
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