Basra Oil Company
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Basra Oil Company
Basra Oil Company (BOC) (), formerly Iraqi South Oil Company, is a national Iraqi company responsible for the oil in the south of Iraq. It is situated in Basra. BOC is one of the major fundamental formations of the Iraq National Oil Company (INOC). It was the first nucleus and the basis of national direct investment projects in the 1970s, where the BOC was subsidiary to the national company. Development Events and activities have escalated steadily and rapidly, rising since the beginning of the 1970s. Investment and development stages of the north Rumaila field were completed in three stages, leading to a rate of production of 42 million tons per year and this coincided with the expansion of works in all fields. The expansion began with drilling works, building and expanding production facilities, and implementing investment projects associated with natural gas fields in north and south Rumaila. Also developing new fields in Luhais, Saba, Nuhran Ben Ummer and oil fields in Maysa ...
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Basra
Basra () is a port city in Iraq, southern Iraq. It is the capital of the eponymous Basra Governorate, as well as the List of largest cities of Iraq, third largest city in Iraq overall, behind Baghdad and Mosul. Located near the Iran–Iraq border at the north-easternmost extent of the Arabian Peninsula, the city is situated along the banks of the Shatt al-Arab that empties into the Persian Gulf. It is consistently one of the hottest cities in Iraq, with summer temperatures regularly exceeding . Built in 636 as a military camp, Basra played an important role as a regional hub of knowledge, trade and commerce during the Islamic Golden Age and is home to the first mosque built outside the Arabian Peninsula. It was a center of the History of slavery, slave trade in Mesopotamia, until the Zanj Rebellion, Zanj rebellion in Battle of Basra (871), 871. Historically, Basra is one of the ports from which the fictional Sinbad the Sailor embarked on his journeys. It has experienced numerou ...
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Gulf War
, combatant2 = , commander1 = , commander2 = , strength1 = Over 950,000 soldiers3,113 tanks1,800 aircraft2,200 artillery systems , page = https://www.govinfo.gov/content/pkg/GAOREPORTS-PEMD-96-10/pdf/GAOREPORTS-PEMD-96-10.pdf , strength2 = 1,000,000+ soldiers (~600,000 in Kuwait)5,500 tanks700+ aircraft3,000 artillery systems , casualties1 = Total:13,488 Coalition:292 killed (147 killed by enemy action, 145 non-hostile deaths)776 wounded (467 wounded in action)31 tanks destroyed/disabled28 Bradley IFVs destroyed/damaged1 M113 APC destroyed2 British Warrior APCs destroyed1 artillery piece destroyed75 aircraft destroyedKuwait:420 killed 12,000 captured ≈200 tanks destroyed/captured 850+ other armored vehicles destroyed/captured 57 aircraft lost 8 aircraft captured (Mirage F1s) 17 ships sunk, 6 captured. Acig.org. Retrieved on 12 June 2011 , casualties2 = Total:175,000–300,000+ Iraqi:20,000–50,000 killed ...
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Oil And Gas Companies Of Iraq
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from -4; we might wonder whether there's a point at which it's appro ...
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Oil Megaprojects (2010)
Following is a list of Oil megaprojects in the year 2010, projects that propose to bring more than of new liquid fuel capacity to market with the first production of fuel. This is part of the Wikipedia summary of Oil Megaprojects. Quick links to other years Detailed list of projects for 2010 Terminology * Year Startup: year of first oil. put specific date if available. * Operator: company undertaking the project. * Area: onshore (LAND), offshore (OFF), offshore deep water (ODW), tar sands (TAR). * Type: liquid category (i.e. Natural Gas Liquids, Natural gas condensate, Crude oil) * Grade: oil quality (light, medium, heavy, sour) or API gravity * 2P resvs: 2P (proven + probable) oil reserves in giga barrels (Gb). * GOR: The ratio of produced gas to produced oil, commonly abbreviated GOR. * Peak year: year of the production plateau/peak. * Peak: maximum production expected (thousand barrels/day). * Discovery: year of discovery. * Capital investment: expected capital cost; ...
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Oil Megaprojects
Oil megaprojects are large oil field A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the prese ... projects. Summary of megaprojects Definition of megaproject: 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity. Megaprojects predicted for individual years Application to oil supply forecasting A series of project tabulations and analyses by Chris Skrebowski, editor of ''Petroleum Review'', have presented a more pessimistic picture of future oil supply. In a 2004 report, based on an analysis of new projects over , he argued that although ample supply might be available in the near-term, after 2007 "the volumes of new production for this period are well below likely requirements." By 2006, although "the outlook for future supply appears somewhat brighter than even six months ag ...
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North Oil Company
North Oil Company (NOC) () is situated in Kirkuk, Iraq. The North Oil Company is one of the 16 companies comprising the Iraqi Ministry of Oil. Headquartered in Kirkuk, its boundaries extend from the northern borders to the 32.5 degree parallel, just south of Baghdad. The company operate the Kirkuk–Ceyhan Oil Pipeline and in August 2024 carried out repairs to the pipeline to allow it to resume operations following agreement with the Kurds. Operations In October 2024, the company, together with the Iraqi KAR group granted concessions to Chinese companies for the Alaan and Sasan oil/gas fields. In December 2024, the company rehabilitated a key gas plant that had been out of service for 10 years. In February 2025, the company recommended production from 35 wells in the Kirkuk Kirkuk (; ; ; ) is a major city in northern Iraq, serving as the capital of the Kirkuk Governorate. The city is home to a diverse population of Kurds, Iraqi Turkmen, Iraqi Turkmens and Arabs. Kir ...
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Iraq Oil Law (2007)
The Iraq Oil Law, also referred to as the Iraq Hydrocarbon Law was a piece of legislation submitted to the Iraqi Council of Representatives in May 2007 that laid out a framework for the regulation and development of Iraq's oil fields. It is a part of that nation's energy law. Start of process The legislation started when the U.S.-backed Iraqi cabinet approved a new oil law that was set to give foreign companies the long-term contracts and the safe legal framework they have been waiting for. The law rattled labour unions and international campaigners, who say oil production should remain in the hands of Iraqis. On March 10, 2007, prominent Iraqi parliamentarians, politicians, ex-ministers and oil technocrats urged the Baghdad parliament to reject Iraq's controversial hydrocarbon law, fearing that the new legislation would further divide the country already witnessing civil strife. On April 28, 2007, discussions turned contentious among the more than 60 Iraqi oil officials reviewi ...
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Sharikat Naft Al-Basra
Sharikat Naft Al-Basra (), known as BPC for short, was an Iraqi football team based in Basra which represented the Basra Petroleum Company. They became Iraq's first ever national cup winners when they won the 1948–49 Iraq FA Cup that was played by teams from across the country. They competed regularly in the Iraq FA Basra Premier League The Iraq FA Basra Premier League () was the top-level division of football in Basra between 1948 and 1973. It was controlled by the Basra branch of the Iraq Football Association and was one of several regional league championships played in Iraq a ..., a regional league for teams in Basra, winning the title in 1949–50 and 1950–51, finishing as runners-up in 1948–49 and finishing third in 1962–63 season. The team was disbanded in 1968. Honours Major Minor Notable players * Saeed Easho * Shaker Ismail * Percy Lynsdale * Zia Shaoul References Football clubs in Basra 20th century in Basra Works association football t ...
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Persian Gulf
The Persian Gulf, sometimes called the Arabian Gulf, is a Mediterranean seas, mediterranean sea in West Asia. The body of water is an extension of the Arabian Sea and the larger Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed 9 October 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The river delta of the Shatt al-Arab forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also Coral reef, coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian plate under the Zagros Mountains. The current flooding of the basin started 15,000 years ago due to sea level rise, rising sea levels of ...
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Ministry Of Oil (Iraq)
The Ministry of Oil () is a central government ministry of Iraq whose task is managing and developing natural resources (oil and gas). The current Minister is Hayyan Abdul Ghani, a former director general of the South Gas Co and who was also previously the director general of Basra Oil Co. He holds a master’s degree in mechanical engineering. He took office in October 2022. History In March 2025, the Ministry of Oil entered into a contract with BP to develop four oil fields in Kirkuk: Avana, Baba, Bai Hassan, and Khabbaz. The deal, valued between $20–25 billion, aims to boost crude production by 150,000 barrels per day, reaching 450,000 bpd within three years. It also includes plans to expand natural gas production and reduce gas flaring by 2028. Establishments A number of companies, institutes, and other organisations come under the direct jurisdiction of the Ministry of Oil, such as: * North Oil Company (NOC) * South Oil Company (SOC) * Petroleum Research & Dev ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ...
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Maysan
Maysan Governorate () is a governorate in southeastern Iraq, bordering Iran. Its administrative centre is the city of Amarah, and it is composed of six districts. Before 1976, it was named Amara Province. Etymology This region was called ''Messène'' () by Ancient Greeks (Strabo), ''Mīšān'' (ܡܝܫܢ) in Syriac. ''Mēs̲h̲ān'' in Middle Persian and Parthian ( myšn), ''Mēs̲h̲un'' in Armenian, ''Maysān'' or ''Mīsān'' () in Arabic, and ''T’iao-tche'' ( Chaldaea) in the Han sources.Streck, M.; Morony, M.. "Maysān." Encyclopaedia of Islam, Second Edition, 2012. Reference. 30 March 2012 History Alexander the Great founded the town of Charax Spasinu in 324 B.C. in the governorate. The town later became the capital of the Characene kingdom. It now exists as the ruins of Naysan. The area suffered greatly during the Iran–Iraq War, during which it was a major battlefield, and again during the 1991 Iraqi uprisings led by the Shia population. Government Ba'athist ...
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