Iraq has increased production at its southern Halfaya oilfield by 100,000 barrels per day (bpd) to a total of 370,000 bpd, an oil official told Reuters on Wednesday. <\/p>\n
Halfaya, operated by PetroChina, is Maysan province’s largest field.<\/p>\n
Production rose after the completion of a new oil processing facility, Adnan Noshi, head of Maysan Oil Co which oversees oilfields in Maysan province, told Reuters on the sidelines of a ceremony to launch a new installation in Halfaya.<\/p>\n
Noshi said increasing production from Halfaya had raised the company’s overall output to around 510,000 bpd.<\/p>\n
The new crude facility, which has a capacity to process 200,000 bpd of crude oil, will help further boost output from Halfaya to reach 470,000 bpd in the first quarter of 2019, Noshi said.<\/p>\n
The expansion at Halfaya also includes launching a gas project to process around 300 million standard cubic feet of natural gas extracted alongside crude oil at the field.<\/p>\n
Iraq’s oil ministry is studying offers submitted by several foreign energy companies for the Halfaya gas project, including China Petroleum Engineering & Construction Corporation (CPECC) which is the frontrunner to win the deal, Noshi said.<\/p>\n
“CPECC submitted the best offer comparing to other companies,” said Noshi<\/p>\n
“We will pick up the best offer in two months and the work at the Halfaya gas project should start in April 2019”. <\/p>\n
Iraq said last year it planned to increase its oil output capacity to 5 million bpd. <\/p>\n
The country is the second largest producer in the Organization of the Petroleum Exporting Countries (OPEC), after Saudi Arabia, with a total output of about 4.55 million bpd.<\/p>\n","protected":false},"excerpt":{"rendered":"
Iraq has increased production at its southern Halfaya oilfield by 100,000 barrels per day (bpd) to a total of 370,000 bpd, an oil official told Reuters on Wednesday. Halfaya, operated by PetroChina, is Maysan province’s largest field. Production rose after the completion of a new oil processing facility, Adnan Noshi, head of Maysan Oil Co which oversees oilfields in Maysan province, told Reuters on the sidelines of a ceremony to launch a new installation in Halfaya. Noshi said increasing production from Halfaya had raised the company’s overall output to around 510,000 bpd. The new crude facility, which has a capacity […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-195778","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/195778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=195778"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/195778\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=195778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=195778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=195778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}