WQ1

(redirected from West Qurna 1)
AcronymDefinition
WQ1Spreadsheet (File Name Extension)
WQ1West Qurna 1 (oil field; Iraq)
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References in periodicals archive ?
The 50 evacuees had worked at the West Qurna 1 oil field in Iraq's southern province of Basra.
Summary: Baghdad [Iraq], May 19 (ANI): American multinational oil and gas corporation ExxonMobil announced on Saturday that 30 of its foreign engineers have been evacuated from the West Qurna 1 oil field in Iraq's Basra.
"The withdrawal of multiple employees - despite their small number - temporarily has nothing to do with the security situation or threats in the oilfields in of southern Iraq, but it's for political reasons," stated the minister who reacted to the evacuation of ExxonMobil employees from West Qurna 1 oilfield.
And organized a demonstration in which dozens of people from the area participated in the main checkpoint of the eighth oil station of West Qurna 1 oilfield, and cut off the roads leading to the field "and renewed their demands for appointments promised by the officials of the area by the appointment of 1000 functional degrees which have not been implemented so far." They also called for improving the reality of services in the region which suffer neglect.
BP and CNPC could not immediately be reached for comment.After signing a series of service agreements with foreign companies in 2009-2010 to develop its giant southern oilfields, Iraq set an overall production capacity target of 12 mbpd by 2020, which would rival the output capacity of top oil exporter Saudi Arabia at 12.5 mbpd.Foreign oil companies working in Iraq include BP, leader at Rumaila; ExxonMobil, in charge of West Qurna 1; Royal Dutch Shell, operator of Majnoon; and Lukoil, which is leading West Qurna 2 operations.
A spokesman for Lukoil confirmed the company had received an offer to develop West Qurna 1: "We are studying it," he said, declining to comment on whether a joint venture was on the cards.
"The bulk (of the finance) is for West Qurna 1 because the Rumaila and Zubair fields were well advanced in terms of development, such as number of wells, oil field facilities, other infrastructure, while West Qurna phase 1 needs more."
Details : US oilfield services company Halliburton has won a contract from ExxonMobil to provide drilling services for 15 wells in West Qurna 1 oilfield development in southern Iraq.
There has been speculation in recent months that Exxon was considering pulling out of the $50 billion West Qurna 1 oilfield located in southern Iraq after it signed for six blocs with the autonomous Kurdistan regional government.
Basra / NINA /- Dozens of people of the Imam al-Sadiq north of Basra cut off, on Wednesday, the northern roads leading to the West Qurna 1 in support and solidarity with the protesters of the center of the province yesterday and to demand the implementation of their demands.
West Qurna 1 currently produces about 279,000 bpd and has reserves of around 8.5 billion barrels, according to oil ministry figures.
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