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  1. The field is owned by Iraq (Basra Oil Company). Following bidding rounds in the first decade of the 2000s, a Technical Service Contract was signed between BOC and BP, PetroChina and the State Oil Marketing Organization (SOMO) in 2009.

  2. In November 2020, ahead of annual term contract negotiations, Iraq’s State Oil Marketing Organisation (SOMO) announced it would further split its crude streams from two into three by launching a new export grade: Basrah Medium.

  3. 5 Νοε 2024 · BAGHDAD, Nov 5 (Reuters) - Iraq's cabinet said on Tuesday it had ordered the semi-autonomous Kurdish region to immediately transfer its oil output to the country's state-run firm SOMO. Iraq's ...

  4. 21 ώρες πριν · The Iraqi Cabinet last week approved an amendment to the Budget Law, compensating the Kurdistan Regional Government (KRG) for production and transportation costs of oil produced in the region and received by the State Oil Marketing Organization (SOMO) or the Federal Ministry of Oil. It said the Federal Ministry of Finance will compensate these ...

  5. 16 Νοε 2022 · Nov 16 (Reuters) - Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters on...

  6. 20 Μαΐ 2022 · Iraq has made a fresh attempt to control revenue from the semi-autonomous region of Kurdistan by asking oil and gas firms operating there to sign new contracts with state-owned marketer SOMO...

  7. 4 Απρ 2023 · Iraq claimed that all oil exports had to go through state-owned SOMO under a 1973 agreement with Turkey. Al Jazeera’s Mahmoud Abdelwahed, reporting from Baghdad, said that the Iraqi prime...

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