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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Shell launches its giant projects in Basra

    Rocky
    Rocky
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    launches - Shell launches its giant projects in Basra Empty Shell launches its giant projects in Basra

    Post by Rocky Sun 27 Aug 2023, 7:07 am

    Shell launches its giant projects in Basra
    • Time: 08/27/2023 11:09:34
       
    • Read: 1,560 times

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    {Economic: Al Furat News} The French company "Total Energy" launched its four giant strategic projects in Basra Governorate, which it had previously contracted to implement with the Ministry of Oil. Burning gas in three fields.
    The General Manager of the Basra Oil Company, Bassem Abdul Karim Al-Shamkhani, said in a press statement, “The (Total) company activated its four contracts last week, August 16, and thus the two parties entered the Ministry of Oil and (Total) in the stage of commitment to implement the investment contracts signed in the final version.” last July," noting that "the biggest challenge that we faced in the past period is related to how to implement contracts to create sustainable oil development for the investment of associated gas within the integrated projects of the south, which includes four major and large projects for the oil and gas sectors."
    He explained, "The two contracts for the (GGIP) project between the French company (Total) and the company (Basra Oil) are among a total of four contracts, to develop the Artawi field, and invest 600 million cubic feet in two phases for the national effort fields, the Majnoon field, and the West Qurna 2 gas field." In addition to the implementation of the sea water project, which produces 5 million barrels for the purpose of water injection operations and the continuity of production in the oil fields in Basra, Maysan and Dhi Qar.
    He added, "As for the fourth project, it is the electric power project that produces 1,000 megawatts, in addition to extinguishing the flame of burnt gas in the fields (Artawi, Al-Saba, Al-Luhais, and Al-Tuba north of Basra) in addition to the giant Majnoon field in the northeast of the province."
    It is noteworthy that the Ministry of Oil signed with the French company “Total” in September 2021, the first version of a group of giant strategic contracts in the fields of oil, gas, renewable energy, and sea water, at an investment cost of $ 27 billion for a period of 27 years.

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