Money and business in the Middle East.

Companies

Basrah Oil Company

Iraq · Oil & gas (upstream) · State-owned · Founded 1969 · Basra

Basrah Oil Company is a state company of Iraq's Ministry of Oil, headquartered in Basra, whose website gives its founding date as 16 June 1969 and its activities as the exploration, production, treatment and export of crude oil. Its history page traces it to the Iraq National Oil Company's development of the North Rumaila field, where drilling began on 15 July 1970 and from which an export pipeline to Fao was completed in 1972. It holds 30% of the Gas Growth Integrated Project with TotalEnergies and QatarEnergy, according to TotalEnergies. Its website names Basim Abdulkarim Nasser as Director General.

boc.oil.gov.iq ↗

Audited financial statements: INXEN has not verified a published source for this entity as of 24 October 2026.

Key facts

No verified figure held yet.

Ownership and relationships

Key people

  • Basim Abdulkarim Nasser · Director General, Basrah Oil Company

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