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Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq

HAL
  • Halliburton secured a contract from Basra Oil Company (BOC) to deliver Integrated Field Management Services (IFMS) and Engineering, Procurement, & Construction Management (EPCM) for the Bin Umar & Sindbad fields in southern Iraq.
  • The scope encompasses field development planning, production optimization, digital solutions, & EPCM services, utilizing the Landmark portfolio to integrate subsurface insights, well delivery, production operations, & business planning.
  • The project aims to boost oil production to approximately 150,000 barrels per day & capture 300 million standard cubic feet of associated gas daily from the Bin Umar field during its first five-year phase.
  • BOC retains full ownership, operatorship, & decision-making authority while Halliburton executes the work using local resources to support workforce development & national value creation.
  • The initiative aligns with the Government of Iraq's strategy to enhance energy security, reduce reliance on gas imports, & strengthen BOC's technical capabilities through an integrated delivery model.