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Future Global Need For The Increase In Iraq’s Oil Production
...low, Iraq has signed a number of contracts with major oil companies with a view to increasing its oil production from 2.5mn b/d to around 12mn b/d in 2017. Iraqi Upstream Awards Area Winning Consortium Remuneration Fee ($Bn...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
Iraq’s Oil Expansion And Market Stability
...re to produce a massive 9mn b/d capacity increment – bearing in mind the Iraqi oil ministry’s recent avowal of a target of around 12mn b/d by 2017. This presupposes that other OPEC members would be forced to minimize their own production quotas drastically enough to allow Iraq this immoderate ou...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010 -
Iraqi Capacity Expansion Relative To World Oil Market Trends
...mber of IOCs, Iraq’s production capacity is set to reach a production plateau of over 11mn b/d by the year 2017, mainly from the development of the ‘supergiant’ oilfields of Rumaila and West Qurna-1, together with Zubair; and also from the subsequent (second) round of negotiations for the development of...
Volume: 52Issue: 51/52Published at Mon, 28 Dec 2009