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Oil Minister: Inviting international companies to explore, develop and produce new border patches w

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rocky
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Oil Minister: Inviting international companies to explore, develop and produce new border patches w

Post by rocky on Sun 26 Nov 2017, 4:02 am

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2017/11/26 12:48


(Encyclopedia of this day , news | [You must be registered and logged in to see this link.] ) -
Economy News _ Baghdad


The Minister of Oil announced on Sunday that a promotional media conference will be held tomorrow to invite international companies to invest in and contribute to the exploration, development and production of nine border patches of hydrocarbon formations, one of them in the territorial waters.


Oil Minister Jabbar Ali Al-Allaibi said in a statement received by "Economy News" that "the ministry aims through this round to maximize production and reserves of oil and gas through the optimal investment of national wealth in cooperation with international companies in the development and production of these border patches with Kuwait and Iran."



"The ministry will announce the names of these patches in the provinces of Basra, Maysan, Muthanna, Wasit, Diyala and one in the territorial waters in southern Iraq," al-Allaibi said.


He pointed out that these contracts differ from the contracts of previous licensing rounds and that the ministry will adopt new models in agreement with companies wishing to invest according to the requirements of the national interest in the development of the oil and gas industry in the country and in such a way to ensure financial revenues.




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Oil: 26 companies compete for a project to explore, develop and produce 9 border patches

Post by rocky on Fri 12 Jan 2018, 3:57 am

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2018/01/12 12:32


(Encyclopedia of this Day News | [You must be registered and logged in to see this link.] ) - Economy

Since 2018-01-12 at 12:19 (Baghdad time)


Baghdad - Mawazine News

The Ministry of Oil announced on Friday the rehabilitation of 5 new international companies, as well as 21 international companies from different Arab, Asian, European and American nationalities who had previously qualified to participate in the project of exploration, development and production of the border exploration excavations.

"The newly qualified companies will participate with the international companies qualified in the previous licensing rounds of 21 international companies of different nationalities, Arab, Asian, European and American, to compete for the exploration project," said Assem Jihad, a spokesman for the ministry. And the development and production of (9) land and sea border exploration explorations.

"The Department of Petroleum Contracts and Licenses has adopted four basic criteria for qualifying companies to participate in the competition for the project (Financial and Economic Standard, Legal Standard, Technical Standard and Training, and Health, Safety and Environment Standard)," Jihad said. 2017 until 9 November 2017, and the number of companies providing rehabilitation (8) companies.

He explained that "the documents submitted by the companies were studied by the Ministry within the controls and rules in force and qualified (5) companies, which applied controls."

It is noteworthy that the oil minister, Jabbar Ali al-Allaibi, reviewed in his press conference in November 2017, joint exploration explorations border with Kuwait and Iran, while calling on all international companies to invest to participate and compete for the exploration and development and production of nine border patches.

The exploratory patches include water cisterns, Mount Sannam and Faw, located on the Iraqi-Kuwaiti border. The exploratory plains located on the Iraqi-Iranian border are Sinbad and include the Sinbad 1 and Sindbad 2 fields. Takhir, Hattab, Nazardak, Saadia, Khana, Akaba, Naudoman). These patches are located within the land boundary. The marine exploratory patches were the Gulf patch that lies within the Iraqi territorial waters of the Gulf. .anthy 29/6 n


The opinions expressed below do not reflect the opinion of Mawazine News, but reflect the views of their respective owners only.







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Two UAE companies within 5 international companies to qualify 9 exploratory sites in Iraq

Post by rocky on Fri 12 Jan 2018, 3:59 am

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2018/01/12 12:00


(Encyclopedia of this day , news | [You must be registered and logged in to see this link.] ) -
Economy News Baghdad:


The Ministry of Oil announced on Friday the rehabilitation of five new international companies of different nationalities out of eight companies submitted to qualify for the project of exploration, development and production of border exploratory patches.


"The newly qualified companies will participate with the qualified international companies in the previous licensing rounds of 21 international companies of different nationalities, Arab, Asian, European and American, will participate in the competition for the project of exploration, development and production," ministry spokesman Assem Jihad said in a press release. (9) land and sea border exploratory patches. "


Jihad added that the Department of Petroleum Contracts and Licenses has adopted four basic criteria to qualify companies to participate in the competition for the project (financial and economic standard, legal standard, technical standard and training and the standard of health, safety and environment), noting that "companies submitted their documents for the period from 15 August 2017 to 9 In November 2017, and the number of companies provided for rehabilitation (8) companies.


Jihad said that "the documents submitted by the companies were studied by the ministry within the controls and rules in force and qualified (5) companies, which applied controls."


"The five qualified companies are Dana Gas UAE, Dragon Oil, GJPC, Schlumberger Middle East and Russia's Zarubezhneft," a source at the Ministry of Oil told The Economist News.



The oil minister, Jabbar Ali al-Luaibi reviewed in his press conference in November 2017, joint border exploration with Kuwait and Iran, calling on all international companies to invest to participate and compete for the exploration and development and production of nine border patches.



The exploratory patches include Khadr al-water, Jabal Sinam and Faw, located on the Iraqi-Kuwaiti border, and the exploratory plains located on the Iraqi-Iranian border are Sinbad and include the Sinbad 1 and Sindbad 2 fields and the Hawizah. It includes the installation of the southern and Shihabi Hawizah, Zerbatiya and Zarbatia and Tariq , And the oil field and includes the fields of Mandali, Habib installation, Tal Ghazal, Hattab, Nazardak, Saadia, Khana oil, obstacle, Naudoman), stressing that these patches fall within the land borders. 

The offshore exploratory patches were the Gulf patch that lies within Iraqi territorial waters in the Gulf.










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26 companies have qualified to compete for oil concessions in border areas in Iraq

Post by rocky on Fri 12 Jan 2018, 4:03 am

26 companies have qualified to compete for oil concessions in border areas in Iraq[You must be registered and logged in to see this image.]
The bid conditions will be completed no later than the end of May, with the opening ceremony on June 21. 12 January 2018 11:43 p
The Iraqi Ministry of Oil announced on Friday the rehabilitation of five new international companies out of 8 companies submitted to qualify for participation in the project of exploration, development and production of patches exploration border. 
The newly qualified companies will participate with the international companies qualified in the previous licensing rounds of 21 international companies of different nationalities, Arab, Asian, European and American, will participate in the competition for the project of exploration, development and production of nine ground exploration explorations And freely .
Asim Jihad added that the Department of Petroleum Contracts and Licenses has adopted four basic criteria to qualify companies to participate in the competition for the project, including (financial and economic standard, legal standard, technical standard, training and HSE standard).
He pointed out that the companies submitted their documents for the period from 15 August 2017 to 9 November 2017, and the number of companies providing rehabilitation (8) companies, and the study of documents submitted within the controls and rules in force and the qualification of (5) companies to which the controls applied .
In his promotional press conference in November 2017, the Minister of Oil, Mr. Jabbar Ali Al-Luaibi, reviewed the joint border exploration pits with Kuwait and Iran. He called on all international companies to invest and participate in the exploration, development and production of nine border pits .
The exploratory patches include the water cisterns, Mount Sannam and Faw, located on the Iraqi-Kuwaiti border. The exploratory plains located on the Iraqi-Iranian border are Sinbad and include the Sinbad 1 and Sindbad 2 fields and Al Huweiza. It includes the installation of the southern and Shihabi Hawizah, Zerbatiya, Zarbatiya and Tariq , And oil box and includes fields Mandali, Habib installation, Tal Ghazal, Hattab, Nazardak, Saadia, Khana oil, Obstacle, Naudoman).
The official spokesman of the ministry, that the patches fall within the land borders, and the marine exploratory patches were Gulf patch, which lies within the territorial waters of Iraq in the Gulf .
The bid conditions will be completed no later than the end of May, with the opening ceremony on 


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