Iraq Awards $348M of Drilling Deals for Maysan Fields

Source: Reuters 9/3/2013, Location: Middle East

Iraq has awarded $347.8 million worth of drilling contracts for the Maysan oilfields in the south of the country, a government statement said.

Iraq awarded the contracts to three international oil service companies to drill 39 production wells in the 2.5-billion-barrel Maysan complex being developed by China's CNOOC and state-run Turkish Petroleum Corporation (TPAO).

U.S. oilfield services company Weatherford was awarded two drilling contracts worth $94.98 million and $82.39 million respectively. China's Bohai Drilling Engineering Company won a $96.66 million contract, the statement said.

COSL, a specialised oil services unit of CNOOC, was awarded a $73.82 million drilling deal. It was not clear from the statement how many wells each company would drill.

Iraq signed a deal in 2010 with China National Offshore Oil Corp (CNOOC) and TPAO to develop Maysan, comprising several small oilfields, aiming to reach a production target of 450,000 barrels per day by 2016.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects


Australia >>  7/5/2022 - The Palm Valley 12 (PV12) well in OL3, southwest of Alice Springs in the Northern Territory, was at a depth of 2,335m in the P4 unit of the Pacoota Fo...
Brazil >>  7/5/2022 - A 540-day drilling contract with a start date of 2023 has been given to Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo...

Canada >>  7/5/2022 - The Mobile Offshore Drilling Unit (MODU) Stena ICEMAX has a new contract with BP Canada Energy Group ULC, which Stena Drilling is happy to announce....
Indonesia >>  7/5/2022 - The second of the company's two back-to-back producing wells is where drilling activities have started, according to Indonesia Energy Corporation Limi...

Norway >>  7/4/2022 - The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy Norge AS drilling permit for well 35/6-3 S, cf. Section 13 of the Resource Manage...
Norway >>  7/4/2022 - The Norwegian Petroleum Directorate (NPD) has granted OMV (Norge) AS drilling permit for well 30/5-4 S, cf. Section 13 of the Resource Management Regu...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Oil & Gas Projects in Iraq >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.