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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
    Rocky
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    Posts : 268995
    Join date : 2012-12-21

    money and business Empty money and business

    Post by Rocky Sat 23 Dec 2017, 1:31 am

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    money and business




    النفط Oil announces the receipt of Majnoon field from Shell at the end of March 
    The Ministry of Oil announced that it will receive the Majnoon oil field from the company "Shell" global end of next March, noting that it seeks to reduce the cost of production of the barrel in the field to 30%. 
    Oil Minister Jabbar Ali al-Luaibi said in a statement that "a national executive department was set up to manage the Majnoon oilfield in the south of the country and to take responsibility and documents from Shell, which decided to withdraw from the field by mutual consent." The field ended 30 March 2018, with the presence of some employees of the company "Shell" until June to complete some of the obligations and procedures.
    "The formation of the National Executive Directorate of the field is an important step in the right direction to move forward in the management and implementation of plans and development programs that were previously approved with Shell to increase the capacity of the field to more than 400 thousand barrels per day in the coming years." 
    "The priority of this administration is to reduce the cost of producing a barrel from this field to more than 30%, which is the basis for ensuring the efficiency of expenditure and production," he said, adding that "the new administration to organize the process of compensation of foreign workers leaving the field, .
    For his part, the Director General of the Basra Petroleum Company, that "the field management includes specialists who have expertise and skill in the Basra Oil Company, were carefully selected to do this task in addition to contracting with advisers to provide technical advice in the studies of reservoir and maintenance and implementation of investment projects and others, Noting that "the process of receiving the field from Shell is proceeding according to the agreed program, and the new national executive management will implement the commitments for the development of the field and to achieve the goals planned." 
    The Majnoon field of the large oil fields, which is located in the territory of Iraq by 100% and contains 11 multi-oil and able to produce, with three types of oil, heavy oil, medium and light.
    On 8 November, sources told Reuters news agency that oil company Royal Dutch Shell had agreed to leave the Majnoon oil field and hand over its operations to the state-run Basra Oil Company by the end of the year. June 2018. 
    He said that the company "Shell" requested withdrawal from the field of Majnoon to devote fully to the development of gas investment operations in the Gas Company of Basra.
     
    التعاقد Contract with a Japanese company for the rehabilitation of a unit in the electric power station in Basra 
    The Directorate of the production of electric power in the southern region, on Thursday, it signed a contract with a Japanese company to implement a project funded by the Japanese loan to qualify the first generating unit at the station for electricity production. 
    "The Directorate signed a contract with Japanese company Mitsubishi to implement the rehabilitation project of the first generating unit at Al-Haritha thermal station located in the province of Basra," Director General of the Directorate Tahseen al-Saad said in an interview. 
    Al-Saad said that "the first unit suffers problems because of its foot and damaged parts of them during the previous wars, the current capacity is between 100 to 125 MW, and when the completion of the project will return to work at full capacity of design of 200 MW."
    He pointed out that "the project to rehabilitate the unit funded by the Japanese loan to Iraq," adding that "the project is scheduled to be completed after 30 months." 
    It is noteworthy that the thermal Hartha plant has a current capacity of 320 MW, and consists of four generating units, including two units have been disabled since 1991 because of the exposure of the plant bombed during the second Gulf War, and three months ago completed the Japanese company Mitsubishi (Mitsubishi) Fourth at the same station.
     
    زراعة Agriculture Baghdad: The area planted for wheat and barley crops amounted to 64550 dunums 
    The Directorate of Agriculture of Baghdad Rusafa, the area planted for wheat and barley crops amounted to 64550 dunums. 
    "The cultivated area for wheat and barley crops reached 64550 dunums," the directorate said in a statement. "The cultivated and irrigated area of ​​the wheat crop was 57,000 dunums and the barley harvest was 7550 dunums." 
    The Directorate added that "the processed and final quantities of wheat seeds amounted to 1040 tons, and 600 tons of barley seeds, which were processed by the company between Mesopotamia and the Center for seed technology," explaining that "the amount of fertilizers processed wheat crop amounted to 770 tons of urea, 880 tons "He said.

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