{"id":982726,"date":"2026-07-20T08:03:28","date_gmt":"2026-07-20T12:03:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/basra-oil-company-awards-halliburton-contract-to-advance-oil-and-gas-development-in-southern-iraq\/"},"modified":"2026-07-20T08:03:28","modified_gmt":"2026-07-20T12:03:28","slug":"basra-oil-company-awards-halliburton-contract-to-advance-oil-and-gas-development-in-southern-iraq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/basra-oil-company-awards-halliburton-contract-to-advance-oil-and-gas-development-in-southern-iraq\/","title":{"rendered":"Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq"},"content":{"rendered":"

<\/p>\n

Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nHalliburton (NYSE: HAL) has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM)<\/a> for the development of the Bin Umar and Sindbad oil and gas fields in southern Iraq.<\/p>\n

\nThe contract scope includes field development planning, production optimization, digital solutions, and EPCM services for the two fields. Halliburton will deploy the Landmark portfolio<\/a> to build a digital foundation that connects subsurface insights, well delivery, production operations, and business planning. Halliburton digitally integrates planning and execution to improve visibility, increase efficiency, and support faster, higher-quality decisions. The award supports the Government of Iraq and Ministry of Oil\u2019s strategy to strengthen BOC with technical capabilities, project execution expertise, and an integrated delivery model to advance development of Iraq\u2019s national energy assets.<\/p>\n

\n\u201cWe are honored by the trust Basra Oil Company has placed in Halliburton to support the development of the Bin Umar and Sindbad fields,\u201d said Zaid Khadra, vice president, Middle East North Africa, Halliburton. \u201cWe will work alongside BOC as a technical and project management provider to integrate workflows, digital solutions, and execution expertise to maximize asset value. We look forward to collaboration with BOC to advance Iraq\u2019s production, infrastructure, and associated gas development objectives.\u201d<\/p>\n

\nThe Bin Umar and Sindbad development program is designed to increase oil production and expand the capture and use of associated gas for domestic supply. BOC estimates oil production could reach approximately 150,000 barrels per day and 300 million standard cubic feet of associated gas from Bin Umar field during the first five-year development phase. The project supports Iraq\u2019s efforts to strengthen energy security and reduce reliance on gas imports.<\/p>\n

\nBOC will retain ownership, operatorship, and decision-making authority over the assets. Halliburton will execute the project in coordination with BOC and plans to work with local resources to support Ministry of Oil initiatives on workforce development and national value creation.<\/p>\n

ABOUT HALLIBURTON<\/b><\/p>\n

\nHalliburton is one of the world\u2019s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com<\/a>; connect with us on LinkedIn<\/a>, YouTube<\/a>, Instagram<\/a>, and Facebook<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260720644665\/en\/<\/a><\/span><\/p>\n

For Investors:
\n<\/b>
David Coleman
\n
investors@halliburton.com
\n<\/a>
281-871-2688<\/p>\n

For Media Relations:
\n<\/b>
Alexandra Franceschi
\n
pr@halliburton.com
\n<\/a>
281-871-3602<\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Other Energy Technology Oil\/Gas Other Technology Energy Software<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq HOUSTON–(BUSINESS WIRE)– Halliburton (NYSE: HAL) has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM) for the development of the Bin Umar and Sindbad oil and gas fields in southern Iraq. The contract scope includes field development planning, production optimization, digital solutions, and EPCM services for the two fields. Halliburton will deploy the Landmark portfolio to build a digital foundation that connects subsurface insights, well delivery, production operations, and business planning. Halliburton digitally integrates planning and execution to improve visibility, increase efficiency, and support faster, higher-quality decisions. The award supports the … <\/p>\n

Continue reading “Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-982726","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBasra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/basra-oil-company-awards-halliburton-contract-to-advance-oil-and-gas-development-in-southern-iraq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Basra Oil Company Awards Halliburton Contract to Advance Oil and Gas Development in Southern Iraq HOUSTON–(BUSINESS WIRE)– Halliburton (NYSE: HAL) has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM) for the development of the Bin Umar and Sindbad oil and gas fields in southern Iraq. The contract scope includes field development planning, production optimization, digital solutions, and EPCM services for the two fields. Halliburton will deploy the Landmark portfolio to build a digital foundation that connects subsurface insights, well delivery, production operations, and business planning. Halliburton digitally integrates planning and execution to improve visibility, increase efficiency, and support faster, higher-quality decisions. 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