Iraq's Basra Oil Company

The Basra Oil Company (BOC) is Iraq’s primary organization responsible for exploring, extracting, and managing oil in the Basra region. It operates many of Iraq’s oil fields, which hold significant reserves, making it vital to the country's economy. BOC handles the production process, oversees infrastructure like pipelines and refineries, and coordinates with international companies for investment and technology. Its activities directly influence Iraq’s oil output and revenues, playing a crucial role in the global energy market. As a state-owned enterprise, BOC works under government oversight to ensure oil resources are developed efficiently and sustainably.