Baghdad advances oil output with Halliburton deal

The Iraqi Minister of Oil announced that Basra Oil Company has signed a comprehensive management contract for five years with the American company Halliburton to develop the Bén Omar and S windbad fields, with the aim of increasing the production of both fields to 250,000 barrels per day. Additionally, plans include expanding associated gas production to boost domestic energy supplies. The Council of Ministers also approved technical and financial studies for strategic pipeline projects to export oil, including routes from Basra to Çeşme in Turkey and Baniyas in Syria, in order to diversify export outlets and enhance the flexibility of Iraq's energy infrastructure.

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