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Iraq begins official talks with the US "Chevron" to develop the Nasiriyah field
Shafaq News/ The Ministry of Oil announced on Tuesday that it had held talks with the American "Chevron" company to develop the Nasiriyah field.
This came during a meeting between the Minister of Oil, Ihsan Abdul-Jabbar, with the senior management of Chevron, represented by (Jay Pryor) and (Clay Neff), on the sidelines of his participation in the (CERAWEEK 2022) energy conference organized by the Information and Insights Company (HIS Markit in Houston, Texas) for the period from 7-11 March.
And he expressed, during a statement received by Shafak News Agency, the ministry's keenness to develop oil fields in a way that contributes to strengthening the country's economic capabilities.
The Minister of Oil added that "the meeting with the "Chevron" company came to find out the company's procedures and the advanced steps for its agreement with the Dhi Qar Oil Company regarding the development of the Nasiriyah oil field and the construction of infrastructure for oil and gas production."
He pointed out that "this project will contribute to reviving the local economy of the province in addition to developing the national economy of Iraq."
Nasiriyah field is one of the oil fields in Dhi Qar governorate, which was discovered in 1973 and began its experimental work in June 2009 with a capacity of 10,000 barrels per day, and in 2018 its production reached 90,000 barrels per day, with a plan to raise production to 200,000 barrels per day, and raise the capacity to 300 thousand barrels per day.
In November of last year, the Council of Ministers authorized the National Oil Company to negotiate with the American Chevron regarding the development of crude fields in Nasiriyah, in the Dhi Qar Governorate in the south of the country.
The negotiation is related to the implementation of an oil and gas production project that includes the development of 4 exploration areas in the governorate.
The Iraqi Oil Ministry says that its plan in Dhi Qar governorate includes a group of giant projects in the oil, gas and water injection sectors, with an initial target capacity of 600,000 barrels of crude oil per day within seven years of starting work.
She added that the plan may later include the establishment of projects to produce electricity with solar energy.
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This came during a meeting between the Minister of Oil, Ihsan Abdul-Jabbar, with the senior management of Chevron, represented by (Jay Pryor) and (Clay Neff), on the sidelines of his participation in the (CERAWEEK 2022) energy conference organized by the Information and Insights Company (HIS Markit in Houston, Texas) for the period from 7-11 March.
And he expressed, during a statement received by Shafak News Agency, the ministry's keenness to develop oil fields in a way that contributes to strengthening the country's economic capabilities.
The Minister of Oil added that "the meeting with the "Chevron" company came to find out the company's procedures and the advanced steps for its agreement with the Dhi Qar Oil Company regarding the development of the Nasiriyah oil field and the construction of infrastructure for oil and gas production."
He pointed out that "this project will contribute to reviving the local economy of the province in addition to developing the national economy of Iraq."
Nasiriyah field is one of the oil fields in Dhi Qar governorate, which was discovered in 1973 and began its experimental work in June 2009 with a capacity of 10,000 barrels per day, and in 2018 its production reached 90,000 barrels per day, with a plan to raise production to 200,000 barrels per day, and raise the capacity to 300 thousand barrels per day.
In November of last year, the Council of Ministers authorized the National Oil Company to negotiate with the American Chevron regarding the development of crude fields in Nasiriyah, in the Dhi Qar Governorate in the south of the country.
The negotiation is related to the implementation of an oil and gas production project that includes the development of 4 exploration areas in the governorate.
The Iraqi Oil Ministry says that its plan in Dhi Qar governorate includes a group of giant projects in the oil, gas and water injection sectors, with an initial target capacity of 600,000 barrels of crude oil per day within seven years of starting work.
She added that the plan may later include the establishment of projects to produce electricity with solar energy.
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