Iraqi Oil signs a "standard purchase" document with licensing round companies
In a statement received by Shafak News Agency, Undersecretary for Extraction Affairs Karim Hattab said that the ministry is keen to organize work in the oil sector and to find the best formulas and mechanisms for cooperation between national companies and international companies, in order to achieve common goals in accelerating and implementing the ministry's plans to develop and sustain oil fields. and increase production.
Hattab added, during the signing ceremony of the standard procurement document approved with the international companies contracting within the oil licensing rounds, that this document aims to unify and organize the procurement operations of all international companies within the licensing rounds, according to mechanisms and items that were prepared and agreed upon in cooperation with foreign and national companies, and through Specialized committees and relevant departments.
Hattab pointed to obtaining the approval of the Ministerial Committee for Energy and the Opinion Authority in the ministry to adopt this document, stressing that one of the global consulting offices will be assigned to evaluate this experience after a year, for the best that we are looking for.
For his part, the head of BP in Iraq, Zaid Al-Yasiri and the representative of the global licensing tour companies, considered that signing this document is a positive step to improve work mechanisms, and this document has been prepared between the ministerial committee and international companies contracting within the licensing round contracts, benefiting from the experiences of the past years, which Together, we aim to find the best means and mechanisms for contracts and purchases, which contribute to accelerating the implementation of development plans for oil fields.
The Director General of the Petroleum Contracts and Licensing Department at the National Oil Company, Ali Maarij, praised this document that regulates procurement operations, and according to which international and national companies are committed, and considered it a proactive plan towards developing cooperation mechanisms with international companies, praising the role of the relevant committees in preparing this document.
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