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Iraq - January 11, 2017
The Iraqi Ministry of Oil requested Sonangol to resume work at the Qaiyarah and Najmah fields on Tuesday. According to the ministry, all but nine of the wells set on…
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North Oil Company
North Oil Company In Figures
Daily production: 300,000 bopd
North Oil Company operates the Al Shaheen oilfield located off the northeast coast of Qatar. The company was established as a joint venture between QatarEnergy and TotalEnergies in 2017. A major player in Qatar, it is responsible for 45% of the region’s oil production, equivalent to 300,000 bopd.
The Al Shaheen oilfield: Al Shaheen is located 80 kilometres northeast of Ras Laffan Industrial City and is Qatar’s largest oilfield. North Oil Company plans to maximise oil production in the Al Shaheen oilfield over the 25 years. The company has dozens of platforms and more than 430 wells already located in the field as of 2024. Moreover, the company continues to expand the field under its Gallaf Project, the second phase of the field’s development, and the Ruya project, the third phase of development.
North Oil Company aims to align itself with Qatar’s National Vision 2030 and become a leading offshore operator. Specifically, the company contributes to these aims in the following ways:
- Improving the Qatari standard of living
- Engaging in social practices that improve the overall wealth of the region and its people
- Developing the economy
- Protecting the environment
North Oil Company also prioritises safety, sustainability, technological innovation and production efficiency.
North Oil Company News and Interviews
NEWS
Qatar - January 31, 2024
QatarEnergy has confirmed the award of four EPCI packages for the next development phase at the local Al-Shaheen field.
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Iraq - December 27, 2016
Iraq’s Ministry of Oil on Tuesday said its North Oil Company had extinguished the fire at Qayyarah well 68, as fires continue to rage across the like-named…
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Iraq - December 07, 2016
The Iraqi parliament has approved a USD 85 billion budget for 2017, lawmakers said on Wednesday. It assumes an oil prices of USD 42 per barrel.
On Thursday, WTI was…
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Iraq - August 31, 2016
Iraq and the Kurdistan Regional Government (KRG) have reportedly reached a deal on crude exports from Kirkuk, a Kurdish official was quoted as saying on…
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Iraq - August 30, 2016
Iraq’s State Oil Marketing Organisation (SOMO) and the Kurdish Regional Government (KRG) plan to hold talks on Iraq pipeline oil exports through Kurdistan and Turkey…
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- August 22, 2016
Oil prices were down in the early hours of Monday, as traders reacted to higher Chinese exports of refined products and the prospect of increased output from…
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Iraq - August 19, 2016
The Iraqi Ministry of Oil’s North Oil Company (NOC) has resumed transporting oil from its northern fields via a pipeline controlled by the Kurdistan Regional…
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Iraq - August 01, 2016
Islamic State militants on Sunday attacked oil and gas facilities in northern Iraq, killing at least five people and damaging two oil-storage tanks at the Bai Hassan…
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Iraq - June 23, 2016
Russia’s Lukoil signalled its readiness to kick off the second phase of the West Qurna-2 oilfield development project in Iraq on Thursday.
According to statements…
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