Maysan Oil Company

Iraq has begun the third and final-phase expansion at its southern Halfaya oil field with the goal of doubling production capacity to 400,000 B/D in 2018. The expansion will include additional oil/gas separation facilities, said Adnan Noshi, director general of Maysan Oil Company, recently. The company oversees oil fields in Maysan province. Halfaya, operated by PetroChina, is Maysan Oil’s largest field, which produces 200,000 B/D of a total output of 380,000 B/D. The expansion should raise Maysan’s overall production to almost 600,000 B/D in 2018, Noshi said. Iraq plans to increase production capacity to 5 million B/D by year-end from a recently reported level of approximately 4.7 million B/D.