Eco

2026 Najaf Oil: Ministry Reveals Details of "Shams-11" Well and Fast-Track Investment Plans with Chinese Partner

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rafidayn24 May 07, 2026
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2026 Najaf Oil: Ministry Reveals Details of "Shams-11" Well and Fast-Track Investment Plans with Chinese Partner

The 2026 energy landscape in Iraq witnessed a major breakthrough with the announcement of a hydrocarbon discovery in the "Qurnain" block. Reaching a depth of 1,965 meters at the Shams-11 well, 2026 data indicates a substantial potential of 8.8 billion barrels of light oil. The 2026 ministerial meeting with ZhenHua highlighted the transition to QPC as the operator and discussed 2026 accelerated investment strategies. With the 2026 successful completion of 2D seismic surveys by Iraq's Oil Exploration Company, the 8,773 km² area is poised to become a vital 2026 production hub. This 2026 discovery underscores the high potential of Iraq's southwestern border regions.