Sonangol’s Iraqi Flows Reach 40,000 BPD

Tuesday, April 16, 2019

Sonangol, Angola’s state oil company, saw its output from the Qaiyarah oilfield in North Iraq reach 40,000 bpd. The Angolan firm holds a 75% stake in the Qayyarah oil field, as well as the Najmah field.

The fields, located south of Mosul, have estimated oil reserves of more than 1 billion barrels.

Sonangol said it aims to lift production levels at the fields to about 230,000 bpd, according to a Reuters report.

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