Strategic 2026 Achievement: Iraq Announces Major Oil Discovery in "Qurnain" Block, Najaf, with 3,248 bpd Capacity

In a landmark 2026 update, Iraq's Ministry of Oil confirmed a significant light oil discovery in the "Qurnain" block, located in Najaf province near the Saudi border. Following 2026 exploration efforts by the Chinese firm ZhenHua and QPC, the "Shams-11" well yielded a daily production rate of 3,248 barrels. This 2026 find is the first successful discovery from the combined fifth-plus and sixth licensing rounds. The 2026 technical reports highlight the efficient seismic surveys completed in early 2026, covering 2,850 km. This 2026 energy milestone bolsters Iraq's production capacity and demonstrates effective international partnerships in the 2026 oil sector.