Oil Production in Iraq’s Kirkuk Jumps To 360,000 Bpd

Iraqi state-run North Oil Company (NOC) has boosted its crude oil production from the Kirkuk governorate to above 360,000 barrels per day (bpd), a company source told Shafaq News Agency on Friday. North Oil Company (NOC), whose origins date back to the setting-up of Iraq Petroleum Company (IPC) in Kirkuk in 1929, looks to further raise oil production in Kirkuk to 400,000 bpd by the end of 2024, according to the news agency’s source.    “This increase is expected following the development and rehabilitation of several…