NEWS
Iraq - August 19, 2016
The Iraqi Ministry of Oil’s North Oil Company (NOC) has resumed transporting oil from its northern fields via a pipeline controlled by the Kurdistan Regional…
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BACK TOCOMPANIES
North Oil Company
North Oil Company In Figures
Daily production: 300,000 bopd
North Oil Company operates the Al Shaheen oilfield located off the northeast coast of Qatar. The company was established as a joint venture between QatarEnergy and TotalEnergies in 2017. A major player in Qatar, it is responsible for 45% of the region’s oil production, equivalent to 300,000 bopd.
The Al Shaheen oilfield: Al Shaheen is located 80 kilometres northeast of Ras Laffan Industrial City and is Qatar’s largest oilfield. North Oil Company plans to maximise oil production in the Al Shaheen oilfield over the 25 years. The company has dozens of platforms and more than 430 wells already located in the field as of 2024. Moreover, the company continues to expand the field under its Gallaf Project, the second phase of the field’s development, and the Ruya project, the third phase of development.
North Oil Company aims to align itself with Qatar’s National Vision 2030 and become a leading offshore operator. Specifically, the company contributes to these aims in the following ways:
- Improving the Qatari standard of living
- Engaging in social practices that improve the overall wealth of the region and its people
- Developing the economy
- Protecting the environment
North Oil Company also prioritises safety, sustainability, technological innovation and production efficiency.
North Oil Company News and Interviews
NEWS
Iraq - August 01, 2024
BP has signed an MoU with the government of Iraq to develop oil and gas, power generation and solar in the Kirkuk region.
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NEWS
Qatar - January 31, 2024
QatarEnergy has confirmed the award of four EPCI packages for the next development phase at the local Al-Shaheen field.
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NEWS
Qatar - November 22, 2023
Larsen & Toubro has signed a contract worth between USD 1.2 billion and USD 1.8 billion for a project in the Middle East, the…
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Interview
Oman - April 27, 2023
Khalid Al Busaidi, CEO of Heavy Equipment Maintenance and Trading (HEMT), talks to The Energy Year about the company’s key…
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NEWS
Iraq - August 01, 2016
Islamic State militants on Sunday attacked oil and gas facilities in northern Iraq, killing at least five people and damaging two oil-storage tanks at the Bai Hassan…
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NEWS
Qatar - June 28, 2016
Total late on Monday obtained a 30% stake in the Al Shaheen field, outbidding rivals BP and Shell for the 25-year contract. The deal will see the French major take over…
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NEWS
Iraq - June 23, 2016
Russia’s Lukoil signalled its readiness to kick off the second phase of the West Qurna-2 oilfield development project in Iraq on Thursday.
According to statements…
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NEWS
Iraq - May 13, 2016
An official from Iraq’s North Oil Company (NOC) has estimated the damage of two burning oil wells in the Khabaz field to be in the range of some USD 180,000 per day.…
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NEWS
Iraq - March 24, 2016
Adil Abd Al Mahdi has announced he has stepped down as Iraq’s minister of oil ahead of a cabinet overhaul. In a statement on his Facebook page on Thursday, the…
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NEWS
Iraq - March 22, 2016
Iraqi Minister of Oil Adil Abd Al Mahdi on Tuesday said that an agreement with the Kurdistan Regional government (KRG) would be a precondition for Baghdad to resume…
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NEWS
Kurdistan Region of Iraq - March 14, 2016
International commodity trader Glencore has reportedly paid the Kurdistan Region Government (KRG) an advance of USD 300 million, Reuters reported over the weekend. The…
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NEWS
Kurdistan Region of Iraq - December 14, 2015
Unidentified gunmen shot the deputy inspector-general of Iraq’s state-owned North Oil Company (NOC) Hassan Salim in Kirkuk on Monday. No group claimed responsibility…
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