Investment
CPECC Iraq Oilfield Degassing Station Expansion Project Started
Seetao 2021-08-13 09:36
  • The production capacity of Zubair Oilfield will increase from 470,000 barrels/day to 700,000 barrels/day
Reading this article requires
5 Minute

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

Comment

Related articles

Investment

The Sino German Enterprise Roundtable focuses on ESG cooperation

02-10

Investment

Saudi Arabia joins hands with Hysata to advance hydrogen revolution

02-10

Investment

BYD Tengshi brand officially enters the Indonesian market

02-06

Investment

Tanzania signs $2.154 billion railway construction contract with Chinese companies

02-05

Investment

China Energy Engineering Group wins bid for 55MWp photovoltaic project in the Philippines

02-05

Investment

Sinopec Guangzhou Engineering and Kazakhstan Petroleum signed a cooperation agreement

02-05

Collect
Comment
Share

Retrieve password

Get verification code
Sure