BASRA - The state-run Basra Oil Company (BOC) has borne the brunt of Iraq’s efforts to cut production in compliance with an OPEC agreement – but it’s also ready for a rebound.
Capacity is expanding at the ExxonMobil-operated West Qurna 1, the Eni-operated Zubair field, and smaller fields operated by BOC. And at the Majnoon field, floodwaters have been contained and projects are underway to provide longer-term protection.
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