Kuwait Energy Basra

Iraq’s Block 9 Oil Field (Faihaa Field) – RBL Facility

Borrower(s)
Kuwait Energy Basra
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Iraq

Deal Overview

Kuwait Energy Basra Limited (KEBL) secured a $346 million reserve-based lending facility to fund continued drilling and infrastructure optimisation for the Block 9 (Faihaa Field) conventional oil field development in southern Iraq.

Deal Volume
$346m
Financial Close
18/02/2026
Dealmakers
Sources

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Project Deals

Iraq’s Block 9 Oil Field (Faihaa Field)
$346m
Greenfield
Oil - Upstream (Exploration and production)
Middle East
Middle East
Iraq