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[size=36]To dig and rehabilitate dozens of wells ... Oil contracts with international companies[/size]
Economie| 08:29 - 05/04/2021
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BAGHDAD - Mawazine News
The Ministry of Oil announced, on Monday, that the Iraqi Drilling Company is preparing to conclude contracts to drill and rehabilitate dozens of oil wells with international companies operating the Zubair, Al-Gharaf and Rumaila fields, as part of Iraq's strategy to raise oil production rates in the future.
"The Ministry of Oil and his company are considering concluding drilling work contracts with Chinese and American companies operating in Iraq, as drilling and service contracts to take advantage of the modern capabilities to raise the technical level of his company," the director general of the Iraqi Drilling Company, Basem Abdul Karim, said in an interview with the official newspaper.
He added that "the Iraqi company is about to start digging 20 wells in the Nasiriyah field in Dhi Qar governorate," noting that "it is included in a long-term plan with the Dhi Qar Oil Company to advance the sector, with a completion period of more than two years."
Abdul Karim indicated that his company, after the relative relaxation of the repercussions of the Corona virus, resumed its negotiations with the international companies developing the oil fields in the country and their counterparts affiliated with the Ministry in the provinces, in preparation for signing the postponed contracts with the aim of enhancing the country's energy capabilities.
He explained that "the drilling and rehabilitation contracts, which are hoped to be concluded soon, included drilling 37 wells in the Zubair field for the Italian company (ENI), the main operator of the field, and starting discussions with the main contractor (BP) for the Rumaila field to develop the giant field west of Basra."
The director general of the Iraqi Drilling Company revealed, "The signing of a contract to drill 43 oil wells in Majnoon field with the Basra Oil Company, which is the third largest oil field in the world, with reserves amounting to 12.6 billion barrels."
Recently, the Iraqi Drilling Company and a consortium of the (Petronas) oil company, the main operator of the Al-Gharraf field, reached a preliminary agreement to complete the contract for drilling 28 new oil wells in Al-Gharaf district, north of the city of Nasiriyah.
The Iraqi Drilling Company announced that it had recently completed drilling 14 oil wells in the Zubair field, west of Basra Governorate, for the Italian company (ENI), the main operator of the field. Ended 29 / p4
The Ministry of Oil announced, on Monday, that the Iraqi Drilling Company is preparing to conclude contracts to drill and rehabilitate dozens of oil wells with international companies operating the Zubair, Al-Gharaf and Rumaila fields, as part of Iraq's strategy to raise oil production rates in the future.
"The Ministry of Oil and his company are considering concluding drilling work contracts with Chinese and American companies operating in Iraq, as drilling and service contracts to take advantage of the modern capabilities to raise the technical level of his company," the director general of the Iraqi Drilling Company, Basem Abdul Karim, said in an interview with the official newspaper.
He added that "the Iraqi company is about to start digging 20 wells in the Nasiriyah field in Dhi Qar governorate," noting that "it is included in a long-term plan with the Dhi Qar Oil Company to advance the sector, with a completion period of more than two years."
Abdul Karim indicated that his company, after the relative relaxation of the repercussions of the Corona virus, resumed its negotiations with the international companies developing the oil fields in the country and their counterparts affiliated with the Ministry in the provinces, in preparation for signing the postponed contracts with the aim of enhancing the country's energy capabilities.
He explained that "the drilling and rehabilitation contracts, which are hoped to be concluded soon, included drilling 37 wells in the Zubair field for the Italian company (ENI), the main operator of the field, and starting discussions with the main contractor (BP) for the Rumaila field to develop the giant field west of Basra."
The director general of the Iraqi Drilling Company revealed, "The signing of a contract to drill 43 oil wells in Majnoon field with the Basra Oil Company, which is the third largest oil field in the world, with reserves amounting to 12.6 billion barrels."
Recently, the Iraqi Drilling Company and a consortium of the (Petronas) oil company, the main operator of the Al-Gharraf field, reached a preliminary agreement to complete the contract for drilling 28 new oil wells in Al-Gharaf district, north of the city of Nasiriyah.
The Iraqi Drilling Company announced that it had recently completed drilling 14 oil wells in the Zubair field, west of Basra Governorate, for the Italian company (ENI), the main operator of the field. Ended 29 / p4
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