Established in 2006 as a Community of Reality

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


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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.

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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    money and business

    Rocky
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    Posts : 273064
    Join date : 2012-12-21
    • Post n°1

    money and business Empty money and business

    Post by Rocky Sun 10 Sep 2017, 1:43 am

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    money and business




    DNO Norway signs contract with ExxonMobil for exploration in Baasheka field 

    DNO, a Norwegian oil and gas company, said in a statement on Saturday that it had signed a contract with ExxonMobil to participate in exploration work within the area of ​​Baasikah Exploration in the Kurdistan region. According to the contract, DNO will have the rights to manage drilling and exploration in the licensed exploration area in the Baasheqa field, which owns 40% of the value of its shares, by acquiring half of ExxonMobil's assets in the field. ExxonMobil will hold 40% of the shares. 20% of the shares and the provincial government will receive 20% of the interest rate. 
    Until KRG's approval, DNO will start drilling an exploratory well in the field during the first half of 2018, followed by drilling a second exploratory well into separate construction equipment.
    The area of ​​324 km2 is located 60 km west of Erbil and 20 km east of Mosul. ExxonMobil, the US oil and gas company, had previously conducted extensive geological and structural studies of the field and installed drilling equipment before the work was interrupted due to the security situation in the region. 
    Ba'asyika's licensed area contains two large undeveloped exploration areas, which are expected to contain several important oil reserves according to seismic and chalk tests.
    DNO is currently overseeing the work of two other licensed plots in the province, one of which is in the fields of Tawki and Vishkhabur, both producing 110,000 barrels per day and the other in the Beninan and Bastura heavy oil fields, which are now undergoing further development and expansion. With three operational drilling facilities, DNO Norway is the most active drilling company among the international oil companies operating in the Kurdistan region. 
     The location of World Oil : World OIL 



    ï ® Allawi: cultivated land in Iraq fell by 75% 

    revealed by Vice President Iyad Allawi, about the decline of cultivated land area in Iraq to 75%, and as he emphasized that agricultural initiatives go to the pockets of corrupt money, warning of the consequences of the deterioration Agriculture on the food security of the citizen and the sovereignty of the Iraqi decision.
    "We regret the terrible decline in the area of ​​cultivated land, which has decreased from 48 million acres to only 12 million," Allawi said in a statement. These situations. " 
    Allawi added that "the funds of agricultural initiatives go to pockets of spoilers, and we warn of the repercussions of the deterioration of agriculture on the food security of citizens and the sovereignty of the Iraqi decision," referring to "the escalation of rural migration and the loss of thousands of jobs."
    Allawi explained that "the absence of the economic vision of the governments that followed my ministry led to the deterioration of the agricultural situation and the overall economic situation, forcing Iraq amid the financial crisis to import more than 75% of its food needs and 91% of other goods." It is noteworthy that Iraq depends on the import of agricultural and animal products to neighboring countries, where the volume of imports after 2003.
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