Sonangol Pesquisa e Produção Iraq

Name

Sonangol Pesquisa e Produção Iraq

Legal name

Sonangol Pesquisa e Produção Iraq

Website

https://sonangoliraq.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Sonangol Pesquisa e Produção Iraq is a subsidiary of Angola's state-owned Sonangol that operates the Qaiyarah and Najmah heavy oil contract areas in Nineveh province, Iraq, developing and producing hydrocarbons for government and petroleum market buyers.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas Production

NAICS

Crude Petroleum Extraction (21112)

SIC

Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

Keywords

• Upstream oil operations
• Heavy oil production
• Hydrocarbon exploration
• Oil field development
• Petroleum services

Headquarters

HQ city

Baghdad

HQ country

Iraq

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Hydrocarbon Production and Sales: Revenue generated through exploration, production, manufacturing, transportation, and marketing of hydrocarbons from the Qaiyarah and Najmah oilfields in Iraq. The company operates as a subsidiary of Sonangol (Angola's national oil company) and generates revenue from the sale of oil extracted from heavy oil reserves.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Sonangol Pesquisa e Produção Iraq operates as the upstream oil and gas company for the Qaiyarah and Najmah Contract Areas in Iraq's Nineveh province, delivering exploration, production, manufacturing, transportation, and marketing of hydrocarbons. The subsidiary develops multi-reservoir heavy oil reserves characterized by high gravities, viscosities, and sulphur content, applying advanced technologies and engineering concepts to produce and sell crude oil under its concession operator role.

Product overview

Sonangol Pesquisa e Produção Iraq is a subsidiary of Angola's national oil company (Sonangol) that operates as an oil and gas exploration and production company in Iraq. The company serves as the operator for the Qaiyarah and Najmah Contract Areas and is responsible for the exploration, production, manufacturing, transportation, and marketing of hydrocarbons. The company's primary offering consists of heavy oil field development and production operations, with a stated purpose of promoting harmonious development and sustainable use of hydrocarbon resources in Iraq.

Differentiator

Problem solved

Functional benefit

Products and services

• Qaiyarah and Najmah Oil Fields Operations Operator and developer of the Qaiyarah and Najmah heavy oil fields in Nineveh province, Iraq, approximately 70 kilometers south of Mosul, applying advanced engineering to develop multi-reservoir heavy oil reserves with high gravities, viscosities, and sulphur content, and producing crude for sale to petroleum markets and government counterparties.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Sociedade Nacional de Combustíveis de Angola E.P. (Sonangol)coreStrategic or Co-development PartnerSonangol P&P Iraq is a subsidiary of Angola's national oil company, Sociedade Nacional de Combustíveis de Angola E.P., which is the sole concessionaire for exploration of oil and gas on the subsoil and continental shelf of Angola. The subsidiary operates under the parent company's umbrella for hydrocarbon exploration, production, manufacturing, transportation, and marketing activities.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Eni S.p.A. Operates Zubair field in southern Iraq as part of its broader E&P portfolio — comparable as an international IOC operator in Iraq with significant upstream production, but operating at global incumbent scale.
• China National Offshore Oil Corporation (CNOOC): Operates the Halfaya field in Iraq alongside other international partners — comparable as a national oil company operator in Iraq with crude production focus, though at significantly larger scale.
• BP (Iraq operations): Operates the supermajor-sized Rumaila field in southern Iraq — broader incumbent that overlaps as a foreign major producing crude under Iraqi contract terms, though at much larger scale and with broader portfolio.
• Lukoil Overseas (Iraq operations): Russian-major subsidiary operating the West Qurna-2 field in Iraq — comparable as a national oil major's foreign subsidiary producing crude oil under Iraqi concession terms.
• Petronas (Iraq operations): Malaysian state oil company operating Iraq's Garraf field as part of broader international portfolio — directly comparable as a national oil company subsidiary operating upstream oil assets in Iraq.

Direct peers

• Crescent Petroleum: Sharjah-based privately held E&P with Iraqi upstream interests and operator experience in Kurdistan — directly comparable foreign upstream operator in Iraq.
• Gulf Keystone Petroleum: Operator of the Shaikan heavy-oil field in Kurdistan, Iraq — closely comparable to Sonangol P&P Iraq's heavy-oil development mandate at Qaiyarah & Najmah.
• Genel Energy plc: UK-listed independent E&P with material oil production from Kurdistan, Iraq — same operating model as Sonangol P&P Iraq: upstream crude producer relying on Iraqi concession economics.
• DNO ASA: Norway-based independent E&P with flagship Tawke field operations in Kurdistan, Iraq — directly comparable as a foreign operator producing crude oil under Iraqi concession terms.

Emerging players

• ShaMaran Petroleum Corp: Junior Iraq-focused E&P with operations at Atrush in Kurdistan — comparable niche foreign operator in Iraqi oil, though smaller than Sonangol P&P Iraq's contracted acreage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/sonangol-p-p-iraq

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sonangol Pesquisa e Produção Iraq