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After restructuring, South Oil Company is renamed

Now that the Dhi Qar Oil Company has been spun off, the Oil Ministry rechristened SOC as the Basra Oil Company.
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The South Oil Company headquarters on Dec. 11, 2009. (ESSAM AL-SUDANI/AFP/Getty Images)

BASRA - The name of Iraq's largest state-owned upstream oil company now reflects the name of Iraq's oil capital: the South Oil Company (SOC) has officially become the Basra Oil Company (BOC).

In an order this week, Oil Minister Jabbar al-Luiebi formally renamed SOC, where he worked for decades, including as director general from 2003 to 2008.

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