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Oil Reserves In Iraq
Oil reserves in Iraq are considered the world's fifth-largest proven oil reserves, with 140 billion barrels. As a result of military occupation and civil unrest, the official statistics have not been revised since 2001 and are largely based on 2-D seismic data from three decades ago. International geologists and consultants have estimated that unexplored territory may contain vastly larger reserves. The majority of Iraq's proven reserves of oil comes from the following cities: Basra (Being #1), Baghdad (Being #2), Ramadi (Being #3), and finally, Ba'aj (Being the last oil rich city). A measure of the uncertainty about Iraq's oil reserves is indicated by widely differing estimates. The U.S. Department of Energy (DOE) estimated in 2003 that Iraq had . The United States Geological Survey (USGS) in 1995 estimated proven reserves were . Iraq's prewar deputy oil minister said that potential reserves might be . The source of the uncertainty is that due to decades of war and unrest, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iraq Proved Oil Reserves
Iraq, officially the Republic of Iraq, is a country in West Asia. It is bordered by Saudi Arabia to Iraq–Saudi Arabia border, the south, Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq border, the east, the Persian Gulf and Kuwait to the Iraq–Kuwait border, southeast, Jordan to Iraq–Jordan border, the southwest, and Syria to Iraq–Syria border, the west. The country covers an area of and has Demographics of Iraq, a population of over 46 million, making it the List of countries by area, 58th largest country by area and the List of countries by population, 31st most populous in the world. Baghdad, home to over 8 million people, is the capital city and the List of largest cities of Iraq, largest in the country. Starting in the 6th millennium BC, the fertile plains between Iraq's Tigris and Euphrates rivers, referred to as Mesopotamia, fostered the rise of early cities, civilisations, and empires including Sumer, Akkadian Empire, Akkad, and Assyria. Known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Majnoon Field
The Majnoon Oil Field is a super-giant 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 ... located from Basra in southern Iraq. Majnoon is one of the richest oilfields in the world with an estimated 38 billion barrels of oil reserves. The field was named ''Majnoon'' which means ''crazy'' in Arabic in reference to excessive amount of oil in a dense area. History The field was discovered by Braspetro, a Brazilian company in 1975, under the leadership of Bolivar Montenegro Guerra in a shallow Upper Cretaceous formation. Development came to a halt in 1980 during the engineering phase of the project, due to Iran–Iraq War, particularly Operation Kheibar. At the time, Braspetro had finished drilling of 20 wells and pressed 14 drilling rigs into service. In the course of the wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iraq War
The Iraq War (), also referred to as the Second Gulf War, was a prolonged conflict in Iraq lasting from 2003 to 2011. It began with 2003 invasion of Iraq, the invasion by a Multi-National Force – Iraq, United States-led coalition, which resulted in the overthrow of the Ba'athist Iraq, Ba'athist government of Saddam Hussein. The conflict persisted Iraqi insurgency (2003–2011), as an insurgency arose against coalition forces and the newly established Iraqi government. US forces Withdrawal of United States troops from Iraq (2007–2011), were officially withdrawn in 2011. In 2014, the US became re-engaged in Iraq, leading a new coalition under Combined Joint Task Force – Operation Inherent Resolve, as the conflict evolved into the ongoing Islamic State insurgency in Iraq (2017–present), Islamic State insurgency. The Iraq invasion was part of the Presidency of George W. Bush, Bush administration's broader war on terror, launched in response to the September 11 attacks. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hussein Al-Shahristani
Hussain Ibrahim Saleh al-Shahristani (born 1942) is an Iraqi politician who served in different cabinet posts, including as Iraq's Minister of Higher Education. Early life and education Al-Shahristani was born in 1942 in Karbala, Iraq. He hails from the al-Shahristani family. In addition to his native Arabic he has strong command of English and Persian as second languages. Shahristani showed an exceptional aptitude for science in Secondary School. He earned a BSc in chemical engineering from Imperial College London in 1965, and an MSc from the University of Toronto in 1967, from where he also received a PhD in chemical engineering in 1970. He specialised in the design and building of nuclear reactors. Part of his education was also in Russia. Career He was tipped to be the Iraqi Prime Minister during the 2004 discussions, a position which he refused to take it and stated "I have always concentrated on serving the people and providing them with their basic needs, rather than ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sadr City
Sadr City (), formerly known as Al-Thawra () and Saddam City (), is a suburb district of the city of Baghdad, Iraq. It was built in 1959 by Prime Minister of Iraq, Prime Minister Abd al-Karim Qasim, Abdul Karim Qassim and named Al-Rafidain District. After the US-led invasion of Iraq and the toppling of Saddam, it was unofficially renamed Sadr City after Ayatollah Muhammad al-Sadr (jurist), Muhammad al-Sadr. Sadr City – or more accurately Administrative districts in Baghdad#Thawra District, Thawra District () – is one of nine administrative districts in Baghdad. A public housing project neglected by Saddam Hussein, Sadr City holds around 1 million residents. History The City (or District) was built in 1959 by Prime Minister Abdul Karim Qassim in response to grave housing shortages in Baghdad. At the time it was officially named Al-Rafidain District (), but was colloquially called Al-Thawra () and so it came to be known by that name. It provided housing for Baghdad's urban poor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Baghdad Field
East Baghdad Field is a group of oil fields, located east of Baghdad, Iraq. East Baghdad is proven to hold of recoverable reserve and believed to have a production potential of . The oil field was discovered in 1976 and is wide and long. In December 2009, despite previous negotiations with Japan's Petroleum Exploration Company, JAPEX, there were no bids to work on the oil field. Iraq's Ministry of Oil will likely work the site instead. See also * Baghdad Baghdad ( or ; , ) is the capital and List of largest cities of Iraq, largest city of Iraq, located along the Tigris in the central part of the country. With a population exceeding 7 million, it ranks among the List of largest cities in the A ... References Oil fields of Iraq {{oilfield-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rumaila Field
The Rumaila oil field is a super-giant oil field located in southern Iraq, approximately 50km to the south west of Basra City. Discovered in 1953 by the Basrah Petroleum Company (BPC), an associate company of the Iraq Petroleum Company (IPC), Page 471in: the field is estimated to contain 17 billion barrels, which accounts for 12% of Iraq's oil reserves, estimated at 143 billion barrels. Rumaila is said to be the largest oilfield ever discovered in Iraq and one of the three largest oilfields in the world. Under Abdul-Karim Qasim, the oilfield was nationalised by the Iraqi government by Public Law No. 80 on 11 December 1961. Since then, this massive oil field has remained under Iraqi control. The assets and rights of IPC were nationalized by Saddam Hussein in 1972, and those of BPC in 1975. The dispute between Iraq and Kuwait over alleged slant-drilling in the field was one of the reasons for Iraq's invasion of Kuwait in 1990. After decades of under investment, due to san ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Qurna Field
West Qurna () is one of Iraq's largest oil fields, located north of Rumaila field, 65 km northwest of Basra. West Qurna is believed to hold of recoverable reserves – making it one of the biggest oil fields in the world. Until 2009, the field was closed to Western firms. Phases West Qurna Phase I In November 2009, an ExxonMobil - Shell joint venture won a $50 billion contract to develop the ''West Qurna Phase I''. As per Iraqi Oil Ministry estimates, the project required a $25 billion investment and another $25 billion in operating fees creating approximately 100,000 jobs in the underdeveloped southern region. ExxonMobil was to increase the production from within seven years. The Iraqi government, in turn, was to pay $1.90 per barrel produced by ExxonMobil-Shell alliance. In November 2023, PetroChina took over as the main operator of West Qurna 1, replacing ExxonMobil. West Qurna Phase II In December 2009, Russia's Lukoil and Norway's Statoil were awarded the rights to d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halfaya Field
Halfaya Field is an Iraqi oil field, located east of Amarah. Halfaya is proven to hold of recoverable reserve and has production potential of . The China National Petroleum Corporation-led group finished the first phase of development in June 2012, increasing production from to 15 months ahead of schedule. CNPC has started preliminary work on the second phase of Halfaya, which will bring the capacity to 200,000 bpd. In December 2009, the China National Petroleum Corporation was awarded a 50% stake in the development of the field and France's Total S.A. along with Malaysia's Petronas were awarded a 25% stake. The consortium plans production at . http://in.biz.yahoo.com/091211/137/bauqpn.html CNPC-led group wins Iraq Halfaya oilfield deal See also *Amarah Amarah (), also spelled Amara, is a city in south-eastern Iraq, located on a low ridge next to the Tigris River waterway south of Baghdad about 50 km (31 mi) from the border with Iran. It lies at the northern tip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic State Of Iraq And The Levant
The Islamic State (IS), also known as the Islamic State of Iraq and the Levant (ISIL), the Islamic State of Iraq and Syria (ISIS) and Daesh, is a transnational Salafi jihadist organization and unrecognized quasi-state. IS occupied significant territory in Iraq and Syria in 2013, but lost most of it in 2019. In 2014, the group proclaimed itself to be a worldwide caliphate, and claimed religious, political, and military authority over all Muslims worldwide, a claim not accepted by the vast majority of Muslims. It is designated as a terrorist organisation by the United Nations and many countries around the world, including Muslim countries. By the end of 2015, its self-declared caliphate ruled an area with a population of about 12 million, where they enforced their extremist interpretation of Islamic law, managed an annual budget exceeding billion, and commanded more than 30,000 fighters. After a grinding conflict with American, Iraqi, and Kurdish forces, IS lost co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
