Iraq: Garraf Project

This is a project to develop and produce crude oil at Garraf Oil Field in the southern Iraq.

JAPEX has been engaged in the crude oil development and production ay Garraf Oil Field in Iraq since it acquired production and development rights in 2009 jointly with the operator PETRONAS, Malaysia's state-owned oil company.

Overview

• In production: Approximately 86,000 barrels per day (Average of Jan.2021-Mar.2022)
• Additional development: Development work underway to increase crude oil production to 230,000 barrels per day
  

Garraf Oil Field Central Production Facility

Basic Information

• Name: Garraf Oil Field
• Location: Dhi Qar Governorate, Iraq
• Operator: PETRONAS Carigali Iraq Holding B.V. (PCIHBV)
• Project Company: Japex Garraf Ltd. (Consolidated subsidiary, investment ratio 55%)
• Participating Interest: PCIHBV (45%), Japex Garraf Ltd. (30%/JAPEX net 16.5%), North Oil Company (25%)
  

Location of Garraf Oil Field (Dhi Qar Governorate, Southern Iraq)

History

• December 2009: Acquired production and development rights jointly with the operator PETRONAS
• January 2010: Signed a development and production service contract with South Oil Company, Iraq's state-owned company
• August 2013: Started crude oil production
  • November 2013: Certified for commercial production by the Iraqi Ministry of Oil
• April 2018: Started additional development work for increasing oil production to 230,000 barrels per day
  

Related News

• • Disclosure on April 3, 2018: Agreement to Execute Further Development of Garraf Oil Field to Increase Production (56.6KB)
  • Disclosure on September 2, 2013: Production starts at the Garraf oil field in the Republic of Iraq (213.3KB)
  • Disclosure on January 19, 2010: JAPEX signs a Development and Production Service Contact for the Garraf field in Iraq (111.3KB)
  • Disclosure on December 14, 2009: JAPEX secured winning bid for the Garraf field in Iraq (143.8KB)