seetao.com learned from the China Petroleum Engineering and Construction Corporation that on August 11, 2021, the expansion project of the Mishref degassing station in the Zubair Oilfield in Iraq, undertaken by the company's member enterprise engineering construction company Middle East Company, was fully launched.
New breakthroughs for Chinese oil companies
Zubair Oil Field is located in southern Iraq, 20 kilometers southwest of Basra City, with an oil field area of approximately 60x15 kilometers. There are currently 5 degassing stations and 1 metering station, which are developed by the consortium. The leader of the Italian company Eni accounts for 41.56% , South Korea’s natural gas accounted for 23.75%, Basra’s oil accounted for 29.69%, and the Iraqi government 5%. The initial production capacity is 470,000 barrels/day (approximately 24 million tons/year), and the designed production capacity is 700,000 barrels/day (approximately 35 million tons/year). ).
China National Petroleum Engineering and Construction Corporation and Eni signed an EPCC+OM (design, procurement, construction, trial operation and commissioning + operation and maintenance) contract for the Zubair degassing station. This is the first time for a Chinese oil company to enter the international oil company Eni’s EPC market It is also the eighth oilfield market that companies in the Middle East have broken through in Iraq. It is of great significance for improving the market layout, stabilizing the scale of operations, further enhancing the international brand image, and developing Eni's subsequent international markets.
Keywords: One Belt One Road, overseas projects, engineering news
The executive director of the company in the Middle East said that CNPC has formed an excellent project team to implement the project with all the efforts of the company. In the process of project implementation, we will fully communicate with the owner, increase localization as required, strengthen HSE management, ensure safe production, and deliver projects with high quality. Editor/Tian Zengpeng
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