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Hamrin Oil Field Development

Sector: Oil and Gas • Location: Salah al-Din, Iraq

Source: 964media

Project
Awarded

Iraq's North Oil Company signed a contract with U.S.-based HKN Energy to develop the Hamrin oil field. The project aims to raise peak oil production to 140,000 barrels per day and gas output to 40 million standard cubic feet per day. The associated gas will be used for energy generation instead of flaring, with surplus gas injected into the reservoir to maintain pressure. The project aligns with t

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Project Information

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The project “Hamrin Oil Field Development” is an infrastructure initiative in the Oil and Gas sector, located in Salah al-Din, Iraq. Taiyo aggregates data on it from 964media.

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Participants

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Description

Description

Iraq's North Oil Company signed a contract with U.S.-based HKN Energy to develop the Hamrin oil field. The project aims to raise peak oil production to 140,000 barrels per day and gas output to 40 million standard cubic feet per day. The associated gas will be used for energy generation instead of flaring, with surplus gas injected into the reservoir to maintain pressure. The project aligns with the government's strategy to maximize investment in oil and gas resources, create jobs for Iraqi workers, and increase exports.

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Source reliability

High

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Source

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URL

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