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Oil opens a well in Basra and calls on international companies to develop 10 border fields
Date of release:: 2017/7/20
(Baghdad: Al-Furat News) The Ministry of Oil announced the completion and launch of the third well in the field of Sinbad, the border in the province of Basra.
The Minister of Oil Jabbar Ali al-Allaibi during the inauguration ceremony, according to a statement of the ministry received the agency {Euphrates News} a copy of it, "the ministry's keenness to develop all border fields and the best investment for them."
Al-Allaibi added that "the ministry has developed a plan to develop these fields, either by the national effort or through contracting and cooperation with international companies, praising the national effort to contribute actively by the Basra Oil Company and Iraqi drilling and others."
"The ministry will start building the surface structures of the field."
For his part, said spokesman Assem Jihad, "The results of the drilling heralds a promising reservoir card will add good quantities of crude to national production," calling "the call of international companies to contribute to the development of 10 oil fields border."
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