Halliburton (HAL) said Monday it won a contract from Basra Oil Company to provide integrated field management and engineering, procurement and construction management services for the Bin Umar and Sindbad oil and gas fields in southern Iraq.

The company said the contract covers field development planning, production optimization, digital solutions and EPCM services for the two fields.

Halliburton said it will deploy its Landmark portfolio to integrate subsurface, drilling and production operations.

Basra Oil estimates oil production could reach about 150,000 barrels per day and 300 million standard cubic feet of associated gas from the Bin Umar field during the first five-year development phase, Halliburton said.

Basra Oil will retain ownership, operatorship and decision-making authority over the assets, while Halliburton will execute the project in coordination with the state-owned company, it added.