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Basra: 1972 S A Iraqi Republic Railways: Industrial Transportation Railroads Baghdad: 1905 National railways S A Iraqi Telecommunications and Post Company: Telecommunications Fixed line telecommunications Baghdad: 1919 S A Korek Telecom: Telecommunications Mobile telecommunications Erbil: 2000 P A Midland Oil Company: Energy Oil & Gas Baghdad: 2010
Rumaila Operating Organization was founded by BP, PetroChina, the State Oil Marketing Organization (SOMO) and Basra Oil Company (BOC) (formerly South Oil Company (SOC)) in order to operate the 20-year rehabilitation and expansion of Rumaila oil field in southern Iraq, [1] which was discovered in 1953 and has been in operation since 1954, with extensive exploration and production since the late ...
Shell agreed at the end of 2017 to exit the venture and hand over its operation to Basra Oil Company (BOC) by the end of June 2018. Shell was the operator and holder of 45 percent stake at Majnoon, with Malaysia's Petronas owning 30 percent, and Iraq's Missan Oil Company holding the remaining 25 percent.
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The Rumaila oil field is a super-giant oil field [1] located in southern Iraq, approximately 50km to the south west of Basra City. [2] Discovered in 1953 by the Basrah Petroleum Company (BPC), an associate company of the Iraq Petroleum Company (IPC), [3] [4] [5] the field is estimated to contain 17 billion barrels, which accounts for 12% of Iraq's oil reserves, estimated at 143 billion barrels.
Komatsu Limited and Dresser Industries established Komatsu Dresser to make mining tractors, construction equipment and related equipment. [15] This 50-50 ownership lasted from September 1988 to August 1994, when Komatsu bought out Dresser's share. [15] By 1993, it generated sales of more than US$4 billion, and employed 31,800 people in fifty ...