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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


    Iraq announces new licensing round for nine oil wells

    Rocky
    Rocky
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    Iraq announces new licensing round for nine oil wells Empty Iraq announces new licensing round for nine oil wells

    Post by Rocky Sun 26 Nov 2017, 6:57 am

    [rtl]

    Iraq announces new licensing round for nine oil wells


    2017/11/26 15:27 • 69 times read




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    [rtl]
    The Minister of Oil Jabbar Ali Al-Allaibi announced the convening of a promotional media conference to be held on Monday and aims to invite international companies to invest in and contribute to the exploration, development and production of nine border Patches of hydrocarbon structures, one of them in the territorial waters.
    "The ministry aims at maximizing oil and gas production and reserves 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," Bayan quoted the ministry as saying. 
    "The ministry will announce the names of these patches in each of the provinces of Basra, Maysan, Muthanna, Wasit, Diyala and one in the territorial waters in southern Iraq." 
    On the nature of the contracts of this round, Allaibi said 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 oil and gas industry in the country and to ensure financial revenues fed the federal budget and contribute to the development and strengthening Economic growth "



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    [/rtl]
    Rocky
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    Iraq announces new licensing round for nine oil wells Empty Oil announces new round of licenses in nine geographical locations

    Post by Rocky Sun 26 Nov 2017, 7:29 am


    Oil announces new round of licenses in nine geographical locations

    15:58 - 26/11/2017


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    Information / Baghdad ...
    Oil Minister Abdul Jabbar al-Obeidi said on Sunday that the ministry is seeking to launch nine new geographical locations for exploration and development by international companies.
    "A media conference will be held on Monday, which aims at inviting international companies to invest in and contribute to the exploration, development and production of nine border posts with hydrocarbon structures, one of which is in the territorial waters," Al-Oeibi said in a statement.
    He added 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 each of the provinces of Basra, Maysan, Muthanna, Wasit, Diyala and one in the territorial waters in southern Iraq."
    On the nature of the contracts of this round, Allaibi said that "these contracts are different from the contracts of previous licensing rounds and the Ministry of Sf 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 to ensure financial revenues fed the federal budget and contribute to the development and promotion of growth Economic "

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