New Oil Refinery announced for Qayara

By John Lee.

Iraq’s North Oil Company (NOC) has signed a Heads of Agreement (Memorandum of Understanding) with two energy companies to build a 70,000-barrels-per-day oil refinery in Qayara (Qayyarah).

The facility, Nineveh province, is to be built by Sweden’s SEAB and Turkey’s Limak.

No information was given regarding the size of the investment or the proposed schedule.

(Source: Ministry of Oil)

The post New Oil Refinery announced for Qayara first appeared on Iraq Business News.

Seismic Survey begins at Sasan-Talafar

By John Lee.

Iraq’s Ministry of Oil has announced the start of seismic survey work at the Sasan-Talafar exploration project in Nineveh.

The Director General of the Iraq Oil Exploration Company said that the eighth seismic division has started two- and three-dimensional geological survey work at the site, “within the framework of the oil exploration plan for the year 2021.

(Source: Ministry of Oil)

The post Seismic Survey begins at Sasan-Talafar first appeared on Iraq Business News.