Water issues at Iraq’s giant southern oil fields could hamper output boost: BOC

Water problems at Iraq’s mega southern oil fields operated by international oil companies may hamper the country’s ability to pump more crude from the key region in OPEC’s second-biggest producer, a senior manager at state-owned Basra Oil Co. told S&P Global Platts on Feb. 3. Currently, southern fields operated by BOC and international oil companies are producing around 2.95 million…