Iraqi Basra Oil Company has signed a memorandum of understanding (MoU) with US energy major ExxonMobil for the second phase of a seawater utilization project, according to a statement by Iraqi News Agency (INA).
The second phase aims to supply seawater to southern oilfields to support production and maintain reservoir pressure, with a capacity of up to 2.5 million barrels per day (mmbbl/d), said Iraqi Oil Minister Bassem Mohammed Khudair Al-Abadi.
The project will complement French oil major TotalEnergies’ seawater treatment plant at Iraq’s Ratawi oilfield, which has a capacity of 5 million barrels per day (mmbbl/d) and aims to boost the field’s production.
Seawater injection is a primary method used in oil and gas production to maintain underground reservoir pressure and physically sweep remaining hydrocarbons toward production wells.
The post Iraq Signs MoU With ExxonMobil for Second Phase of Seawater Project first appeared on Egypt Oil & Gas.


