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Oil concluded with (BP) contract development of Kirkuk fields
09/5/2018 12:00 am [rtl]Confirmed that the associated gas will be invested Baghdad / Al-SabahThe Ministry of Oil announced the conclusion of a contract with the company (Bp) global development of oil fields within the province of Kirkuk, stressing that will be the development of effective solutions to invest gas associated with oil operations also.The Minister of Oil Ali Jabbar al-Allaibi in a press statement received "morning" a copy of it yesterday, that the ministry has entered into with the company (Bp) global contract to develop the fields of Kirkuk province, noting that the decline of oil production of Kirkuk fields was due to the circumstances and challenges experienced in the province over the past years , Which necessitated a comprehensive re-evaluation of the oil fields and facilities and the creation of the required technical treatments according to the vision of the future and modern technology through the use of modern and this is carried out by the company (Bp) global. He added that the company will also develop appropriate solutions for the investment of gas associated with oil operations in addition to increasing production, which supports the local need of this material. For his part, the regional head of Bp) in the Middle East (Michael Townsend) said that his company will, according to this contract, conduct a comprehensive assessment of the oil fields in addition to the development of appropriate solutions to the technical problems and treatments required for this, as well as the development and upgrading of technical and production performance For oil fields and installations. The Kirkuk field, the fifth largest oil field in the world in terms of capacity, which is a plateau crossed by the small Zab River and the length of about 96 km and the width of the four kilometers, the depth of Kirkuk field wells between 450 meters to 900 meters, and the rate of production of the well One 35 thousand barrels per day. The Kirkuk oil reserves alone are estimated at about 13 billion barrels, or about 12 percent of Iraq's total crude oil reserves.[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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