Project Profile
Value: US$1,450 million
Start-up Year: 2014
Upstream Oil Reserves: 54 million bbl
Location: Western desert
The project will involve the exploration of Block 8 in the Western Desert of Iraq, near the Saudi border. The block has a discovery, which has already been made and is estimated to contain 645 million barrels of in-place reserves, of which 54 million are recoverable.
Operator:
Iraq Oil Ministry: Operator
Pakistan Petroleum