Q&A: Garraf Oilfield Director Settar Mahdi Jabara

NASSIRIYA - The Garraf oil field, one of the greenfield projects from Iraq's second bidding round, is getting ready for its first sustainable commercial production.

Within six years, the 860 million barrel field should be producing 230,000 barrels per day (bpd), according to the contract signed with operator Petronas of Malaysia (45 percent) and junior partner Japex (30 percent). Iraq's South Oil Company (SOC) has a 25 percent holding for the state.