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In November 2009, an ExxonMobil - Shell joint venture won a $50 billion contract to develop the 9-billion-barrels (1.4 × 10 ^ 9 m 3) West Qurna Phase I. [1] As per Iraqi Oil Ministry estimates, the project required a $25 billion investment and another $25 billion in operating fees creating approximately 100,000 jobs in the underdeveloped southern region.
Map of major U.S. military bases in Iraq and the number of soldiers stationed there (2007) The United States Department of Defense continues to have a large number of temporary military bases in Iraq, most a type of forward operating base (FOB).
The Az Zubair Field (Arabic: حقل الزبير), also known as Az-Zubayr, is an oil field located in southern Iraq, west of Basrah. It is one of the largest fields in the world and was discovered by the Basrah Petroleum Company, an associate [a] of the Iraq Petroleum Company, in 1949. Zubair was the first field developed by the company on a ...
Iraq's economy is dominated by the oil sector, which as 2021, provides about 92% of foreign exchange earnings. [1] The lack of development in other sectors has resulted in 13% [ 2 ] unemployed as of 2017 per capita GDP of $7,000. [ 3 ]
The Majnoon Oil Field is a super-giant oil field located 60 km (37 mi) from Basra in southern Iraq. [1] Majnoon is one of the richest oilfields in the world with an estimated 38 billion barrels of oil reserves. The field was named Majnoon which means crazy in Arabic in reference to excessive amount of oil in a dense area. [2]
The Iraqi government, with some holdovers from the CPA, engaged in securing control of the oil infrastructure (a source of Iraq's foreign currency) and control of the major cities of Iraq. The insurgency, the developing the New Iraqi Army , disorganized police and security forces, as well as a lack of revenue have hampered efforts to assert ...
These act in two capacities: as security guards at government buildings and as Personal Security Details to protect important government officials. This number includes approximately 2,200 Diplomatic Protection Service (DPS) guards charged with protecting foreign embassies in Iraq. There are an estimated 17,800 FPS personnel who working for the ...
Halfaya Field is an Iraqi oil field, located east of Amarah. Halfaya is proven to hold 4.1 billion barrels (650,000,000 m 3 ) of recoverable reserve and has production potential of 200,000–535,000 barrels per day (31,800–85,100 m 3 /d).