Early Concessions in Iraq and the Middle East
Article from: OGEL 1 (2003), in Roundup of Articles
Summary
The discovery of oil at the Masjid-i-Suleiman No 1 well in May 1908 by the new British corporation Anglo-Persian Oil Company, APOC, nearly 100 ago, demonstrated with extraordinary force the importance of the new Middle East oil province that it had just revealed. Petroleum geologists were led to speculate about the potential for similar accumulations elsewhere along the Arabian Gulf and to explore and then produce in Persia (Iran ) and in Iraq, then later in Bahrain, Saudi Arabia, Kuwait, Qatar, the Trucial States (The Emirates) and later still in Oman. The first petroleum ...