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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


    ExxonMobil experts return to work in Qurna 1

    Rocky
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    ExxonMobil experts return to work in Qurna 1 Empty ExxonMobil experts return to work in Qurna 1

    Post by Rocky Mon 26 Aug 2019, 2:03 am

    [size=36]ExxonMobil experts return to work in Qurna 1[/size]

    Political | 09:06 - 26/08/2019

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    BAGHDAD - 
    The Basra Oil Company revealed the commitment of Exxon Mobil to return its experts to their work offices in the field of Qurna 1 within the coming days. 
    The Director General of the company Ihsan Abdul Jabbar, to "the return of experts" ExxonMobil "the main operator of the West Qurna 1 to their work offices in the field located north of Basra in accordance with the terms of the contract of oil licenses for 2010 after a period of the company's transfer of work management offices State of United Arab Emirates". 
    Abdul Jabbar stressed that "negotiations with Exxon Mobil Company on the offer of investment in the South Integrated Project will not be interrupted," pointing out that "the Ministry of Oil has formed a permanent committee in its headquarters to study and review the data of the technical and commercial offer for this project."
    He pointed out that "it is not surprising that this issue takes a long time in negotiations because it is one of the largest mega projects in the region in terms of diversification of projects and the amount of funds invested." 
    He noted that "in accordance with the Ministry of Oil's memorandum of understanding with the State of Kuwait, which was recently approved by the Council of Ministers, the two parties agreed to assign an international consultant to study the status of joint oil reservoirs in specific fields with Kuwait and Kakrit". Safwan Dome "to ensure the economic interests and benefits of the two countries."


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    ExxonMobil experts return to work in Qurna 1 Empty ExxonMobil vows to return its experts to West Qurna 1 field

    Post by Rocky Mon 26 Aug 2019, 2:15 am

    [rtl]

    ExxonMobil vows to return its experts to West Qurna 1 field

    [/rtl]
    [rtl]Release date:: 2019/8/26 8:19 • 111 times read[/rtl]
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    [rtl]
    Basra Oil Company revealed the commitment of the company "Exxon Mobil" US to return its experts to their work offices in the field of West Qurna / 1 in the province of Basra within the coming days, and confirmed the preparation of a program to modernize and expand the export system through the southern ports.
    General Manager Ihsan Abdul-Jabbar said in a press statement that "the company has a reserve capacity to raise the rate of export of crude oil to a level above the current stable at 3 million and 400 thousand barrels per day in compliance with the limitations of (OPEC), which aims to stabilize and support oil prices in Global Markets ". 
    He pointed out that experts from ExxonMobil, the main operator of West Qurna 1, will soon return to their work offices in the field located north of Basra in accordance with the terms of the oil licensing contract for 2010, after a period of the company transferring operations management to its offices in the United Arab Emirates.
    Abdul Jabbar stressed that negotiations with Exxon Mobil Company regarding the investment offer in the South Integrated Project have not stopped, pointing out that the Ministry of Oil has formed a permanent committee in its headquarters to study and review the data of the technical and commercial offer of this project since this project. It is one of the largest mega projects in the region in terms of diversification of projects and the amount of funds invested.
    He noted that in implementation of the memorandum of the Ministry of Oil to the understanding with the State of Kuwait, which was recently approved by the Council of Ministers, the two parties have agreed to assign an international consultant to study the status of joint oil reservoirs in specific fields with Kuwait and Karkar Safwan "to ensure the economic interests and benefits of the two countries.
    On the development and modernization of pipeline crude oil export system project, Abdul-Jabbar that the oil ministry said prepared and technically engineered a program to modernize and expand export by laying three pipelines from the stations and depots of crude oil and oil areas in Basra to export terminals in the ports of Basra and Khor al-Amaya in the northern Gulf to raise the rate of energy system Export capacity of 1.5 million barrels per day, in addition to the current export capacity of Dodd 3 million and 750 thousand barrels in order to achieve the reliability of proven at an average of 5 million and 500 thousand barrels through the southern ports after the completion of the project.


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    Rocky
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    ExxonMobil experts return to work in Qurna 1 Empty Exxon Mobil experts return to West Qurna 1

    Post by Rocky Mon 26 Aug 2019, 2:26 am

    Exxon Mobil experts return to West Qurna 1

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    Economy News - Baghdad
    Basra Oil Company revealed that the company "Exxon Mobil" to return its experts to their work offices in the field of West Qurna 1 within the coming days, confirming the preparation of a program to modernize and expand the system of export through the southern ports.
    General Manager Ihsan Abdul Jabbar said in a statement quoted by the official newspaper "Sabah" and seen by the "economic news", that "the company has spare capacity to raise the rate of export of crude oil to a higher level than currently stable at 3 million and 400 thousand barrels per day in compliance with the limitations OPEC, which aims to stabilize and support oil prices in world markets. "
    He pointed to the return of experts "Exxon Mobil," the main operator of West Qurna 1 field to their offices in the field located north of Basra in accordance with the terms of the oil licensing contract for 2010 after a period of the company transferred operations management to its offices in the United Arab Emirates.
    Abdul Jabbar stressed that negotiations with ExxonMobil on the investment offer in the South Integrated Project would not be interrupted, adding that the Oil Ministry formed a permanent committee at its headquarters to study and review the data of the technical and commercial offer for this giant project.
    He added that "it is not surprising that this issue takes a long time in negotiations because it is one of the largest mega projects in the region in terms of diversity of projects and the amount of money invested."       
    He said that "in implementation of the memorandum of the Ministry of Oil to the understanding with the State of Kuwait, which was approved by the Council of Ministers recently, the two parties agreed to assign an international consultant to study the status of joint oil reservoirs in specific fields with Kuwait and the preparation of special outputs for the joint investment method for" Rakta "and" Safwan Dome "to ensure the economic interests and benefits of the two countries."
    Regarding the development and modernization of the crude oil export pipeline system, Abdul Jabbar said that "the Ministry of Oil has prepared a technical and engineering program to modernize and expand the export system by extending three pipelines from crude oil stations and warehouses in the oil areas in Basra to export stations in the ports of Basra and Khor Al-Amiya in the northern Arabian Gulf." The rate of export capacity is about one million and 500 thousand barrels per day, in addition to the current export capacity of about 3 million and 750 thousand barrels to achieve a proven reliability at the rate of 5 million and 500 thousand barrels through the southern ports after the completion of the project.

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