Siba is a producing conventional gas field located onshore Iraq and is operated by Kuwait Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Siba Contract Area. Buy the profile here.
An expansion project is associated with the Siba, namely the Siba Development. This project is currently in the feed stage.
Field participation details
The field is owned by Egyptian General Petroleum, Ministry of Oil, Iraq, Turkiye Petrolleri Anonim Ortakligi and United Energy Group.
Production from Siba
The Siba conventional gas field recovered 14.70% of its total recoverable reserves, with peak production expected in 2029. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.
Contractors involved in the Siba conventional gas field
Some of the key contractors involved in the Siba project as follows.
Design/FEED Engineering: China Petroleum Engineering
Other Contractors: Schlumberger, Anton Oilfield Services Group, Gtl International and China Petroleum Engineering
About Kuwait Energy
Kuwait Energy Plc (Kuwait Energy), a subsidiary of United Energy Group Ltd, is an oil and gas company that carries out the exploration, appraisal, development and production of hydrocarbons. The company operates a wide range of oil and gas assets in the Middle East and North Africa (MENA) region. It has assets across Egypt, Yemen and Iraq. Kuwait Energy produces oil from East Ras Qattara (ERQ), Burg El Arab (BEA), Abu Sennan and Area A in Egypt, Block 9 and Siba in Iraq. The company also provides technical expertise, advice and assistance to oil and gas companies, and local governments. Kuwait Energy is headquartered in Hong Kong City, Hong Kong.
For more details on the Siba Conventional Gas Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.