| Country |
: |
Iraq |
| Project Value |
: |
N/A |
| Sector |
: |
Oil and Gas | Exploration & Production |
|
Consultant |
: |
Fluor Corporation
(EPCM) |
|
Contractors |
: |
Iraqi Drilling Company
(Drilling) |
Halliburton
(Construction and Drilling) |
Schlumberger Technical Services
(Drilling) |
| Profile Type |
: |
Standalone Project
|
|
Phase:
Construction - Execution
|
|
Completion: 2014
|
|
|
|
| Background |
The consortium of ExxonMobilExxonMobil , ShellShell and Oil Exploration Company plans to develop the West Qurna oil field in Southern Iraq.
The project aims at reaching a production capacity of 8.7 billion bpd of oil.
The deal is one of a series to develop major oilfields to boost its capacity to 12 million bpd from around 2.5 million bpd currently.
Fluor CorporationFluor Corporation is the EPCM. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| 2014 |
Completion | Project expected to be completed
|
|
| Latest Events |
In May 2012, a USD100 million drilling contract was awarded to Iraq Drilling Company to drill 20 new wells.
In 2014, the project is expected to be completed. |
| Previous Events |
In January 2012, drilling works were ongoing.
In November 2011, the Iraqi Oil Exploration Company and ExxonMobilExxonMobil were in negotiations regarding ExonMobil's partnership in the project. Drilling works are ongoing.
In May 2011, a drilling contract was awarded to SchlumbergerSchlumberger to drill 15 new wells.
In the end of April 2011, the production capacity of the oilfield reached 30,0000 bpd of oil. Drilling works were ongoing.
In April 2011, a drilling contract for 15 wells was awarded to HalliburtonHalliburton. The deal also includes a variety of well construction services utilizing three drilling rigs.
In February 2011, Fluor was awarded the EPCM contract.
In January 2011, drilling works started.
On 29 November 2010, a drilling contract for 10 wells was awarded to SchlumbergerSchlumberger.
On 14 October 2010, the contract to refurbish the wells was awarded to HalliburtonHalliburton.
In 2009, the consortium of ExxonMobilExxonMobil, ShellShell and Oil Exploration Company was awarded the rights to develop the oil field. |
| Scope of Work |
Development of phase 1 of the West Qurna oilfield. |
| Project News |
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