Oil loading plant now in operation off Iraq

Offshore staff

BASRA, Iraq – Oil loading operations have reportedly started from a new floating single point mooring (SPM) facility offshore southern Iraq.

State-owned South Oil Co. commissioned the platform from Australian engineering contractor Leighton.

The oil is being loaded onto a Maersk-owned tanker.

A new terminal complex under construction in Basra will provide more than 3 MMb/d of new export capacity, eventually allowing Iraq to double its current production.

3/15/2012

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...