China National Petroleum Corporation (CNPC) is making significant strides in operations at Iraq's West Qurna 1 oilfield. Following its field acquisition from ExxonMobil in 2024, CNPC has set an ambitious goal to boost production capacity to 1.2 million barrels per day (bpd) by 2035.
A Gradual Rise in Output
Under CNPC’s management, production at the West Qurna 1 oilfield has steadily climbed, reaching its current output of 550,000 bpd. With ongoing development projects, the company aims to increase production capacity to:
800,000 bpd by 2028
1 million bpd by 2030
1.2 million bpd by 2035
This marks a significant transformation for one of Iraq’s largest oilfields, highlighting CNPC’s commitment to operational efficiency and capacity building.
Strategic Importance of West Qurna 1
The West Qurna 1 oilfield is a cornerstone of Iraq’s energy sector and a critical asset in CNPC’s international portfolio. This expansion aligns with global energy demands and underscores China’s role in shaping the future of oil production.
The project also supports Iraq’s broader energy goals by attracting investments and contributing to national revenue streams, while strengthening its partnership with international stakeholders.
A Collaborative Path Forward
Major expansions such as these require intricate planning and execution. CNPC’s focus on sustainable development ensures the project aligns with environmental and community considerations. These efforts demonstrate a collaborative approach between CNPC, local authorities, and global partners to drive energy sector growth responsibly.
Aries One: Supporting Global Energy Projects
At Aries One, we recognize the significance of global energy developments like the West Qurna 1 expansion. Our Consulting, Project Management, and Staffing, expertise empower energy companies to execute ambitious projects with precision and efficiency.
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