Opec's second biggest oil producer plans 9mn b/d capacity by 2029, double current levels. But burdensome ‘technical service contracts’ have scared off many IOCs, and Baghdad is increasingly turning to its national oil companies for development. Will Iraq’s new government rise to the immense challenges facing the country’s upstream, downstream and powergen sectors?
| Crude Output | 4.01 | mn b/d |
| Crude Exports | 3.00 | mn b/d |
| Crude Export Rev. | 41.8 | $bn |
*ALL EXCEPT CRUDE OUTPUT EXCLUDE KRG.
6 Mar, 2026
Featured
Iraq has become the first Gulf state to begin shutting-in major fields in response to the Hormuz closure. It won’t be the last.
27 Feb, 2026
27 Feb, 2026
20 Feb, 2026
30 Jan, 2026
23 Jan, 2026
16 Jan, 2026
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.