This study tries to focusing on applying information communication technology for economic importance of Mid Oil Company (MDOC), which is among contemporary oil companies in Iraq. Since ICT forms a significant aspect of achieving organizational economic objectives, most of public and private bodies seek to utilize ICT tool and techniques to improve work efficiencies. The emerging growth in ICT has made it process and service automation possible in managing organizational activities. To determine this effect of ICT on organizations, this study formulated statistical research model at MDOC through using fifteen questionnaires, which were distributed on three axes. The outcome of the questionnaire analysis revealed that there is inadequate comprehensive infrastructure to suitably support ICT within the selected organization management. In addition, it revealed that there are no ideal standards to maintain and sustain internet networks. Based on these revelations, the study presents recommendation for the adoption of ICT with the aim of minimizing cost, enhancing communication and managing infrastructure. Also recommends the need to support IT department within an organization, with essential equipment, in terms of man and machine, for better efficiency to employ the key of ICT Impact in Iraqi governmental oil companies.