Oil Exploration Company (OEC)

The Oil Exploration Company (OEC) is one of the state-owned petroleum service companies under the Iraqi Ministry of Oil. It's activities include: seismic data acquisition, processing and interpretation; location of exploration and delineation wells; and related geological and geophysical studies leading to the final delineation of the discovered oil and gas fields. The point at which these discoveries are prepared for development is where the OEC's responsibilities cease. As of 2006 the OEC had 1,312 employees and as of late 2011 its Director General was Husam Jaber Hasan.

The OEC also represents the Iraqi government in the operating consortium (with partners Gazprom, Petronas and TPAO at the Badra oil field, with a 25 percent share in the project.

=External Links=

Official website: oec.oil.gov.iq

=References=