Akri-Bijeel is a conventional oil development located onshore Iraq and is operated by Rosneft Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Akri-Bijeel was discovered in 2010, lies in block Block 11 (Kurdistan). Buy the profile here.
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The project is currently in approval stage and is expected to start commercial production in 2025. The development cost is expected to be $828 m.
Field participation details
The field is owned by Kurdistan Regional Government and Rosneft Oil.
Production from Akri-Bijeel
Production from the Akri-Bijeel conventional oil development project is expected to begin in 2025 and is forecast to peak in 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.
Contractors involved in the Akri-Bijeel conventional oil field
Some of the key contractors involved in the Akri-Bijeel project as follows.
Design/FEED Engineering: ExidaSP
Other Contractors: John Wood Group and Kavin Engineering And Services
About Rosneft Oil
Rosneft Oil Co (Rosneft) is a vertically integrated oil and gas company. It explores, develops and produces crude oil, natural gas and condensates; and refines, markets and distributes petroleum products and petrochemicals. It has exploration assets in Western Siberia, Eastern Siberia, Timan-Pechora and Southern Russia. Internationally, Rosneft has operations in Egypt, Germany, Iraqi Kurdistan and India. The company markets refined petroleum products through a network of service stations in several regions in Russia, and exports them to various other countries. Its refined petroleum products include diesel, gasoline, jet fuel, fuel oil and petrochemicals, among others. Rosneft is headquartered in Moscow, Russia.
For more details on the Akri-Bijeel Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
