Oil launches projects to rehabilitate and develop the production of nine patches and exploratory oil

Oil launches projects to rehabilitate and develop the production of nine patches and exploratory oil fields



12/07/2017




Oil Minister Ali Jabbar Allaibi, Wednesday announced the launch of projects to explore and rehabilitate and develop the production of nine patches of exploration and oil fields, "noting that these patches are land and sea are located near the border in the south and central Iraq.


Allaibi said in a statement obtained by "direction Press" a copy of which is that "the process of development and rehabilitation include patches exploration vegetables water and Jabal Sanam, Umm Qasr, which lies on the Iraqi-Kuwaiti border, will also include rehabilitation patches exploratory located on the Iraqi-Iranian border, a patch of Sinbad and Hovaiza and Shehabi Zurbatiyah projects The oil box, "noting that" these patches are located within the land borders. "

He Allaibi that "marine patches exploration included patches of the Arabian Gulf, which lies within Iraqi territorial waters in the Gulf," he said, adding "the ministry's keenness on optimal investment fields border by offering these fields to develop access to production in cooperation with specialized international companies."


"The Department contracts and petroleum licenses in the ministry will prepare and create all the technical information patches exploratory oil fields and meta-toolkit information to be submitted to qualified companies in advance and willing to buy and participate in the competition for the rehabilitation of patches exploratory", pointing out that he "can former foreign oil companies are not eligible and willing to participate , provide information and documentation related to technical, financial, legal, health, safety, security and environmental aspects of the Department contracts. "


He Allaibi that "exploration operations within the form of the contract will include seismic surveys and the drilling of exploratory wells and evaluation programs and scan and remove mines and unexploded ordnance and production of crude oil and the best use of free gas or associated gas, and to provide funding, expertise, technology, equipment, machinery and services," explaining that "qualification contract is required to run Iraqi labor and the use of them. "


And announced that the Iraqi Oil Ministry, on April 25, 2012, for the start of the fourth licensing round for 12 exploration blocks in different parts of Iraq, stressing that the goal of the tour to strengthen Iraq's oil reserves.
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