[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
The Director General of the Oil Exploration Company, Ali Jassim Hammoud, revealed, on Thursday, the imminent conclusion of a work contract with an international company to develop exploratory survey operations in the waters of the Arabian Gulf, stressing that the step comes with the aim of maximizing and investing the national reserves of hydrocarbon wealth and compensating the depleted of it.
Jassim told Al-Sabah that "the project of seismic surveys of the Arabian Gulf is a qualitative leap in the oil sector's business record, and this step represents a starting point for exploratory work in regional waters."
He added, "Our first work in this project has become imminent, especially after concluding a contract with the Chinese company Cinoc for an exploratory survey in the Arabian Gulf in the land and marine parts of the territorial waters, and that we hope to maximize and invest the national reserves of hydrocarbon wealth by relying on concerted National efforts for the success of this experiment, which is the first of its kind in seismic surveys for our company.”
He explained, "Efforts are focused towards implementing the plans of the Iraqi National Oil Company in transforming expectations into a tangible matter," stressing the work and achievement with extreme accuracy and record speed by investing the efforts and expertise of the company's employees.
Jassim pointed out that "there are no limits to the ceiling of our ambitions in working to maximize hydrocarbon wealth, compensate for the depleted of it, and advance the national industry, taking into account the extreme accuracy in the work of seismic surveys, combined with reducing the factors of effort and time to reach the highest levels of quality and perfection," noting that "among the activities What we will try with the joint study with the Chinese company Cinoc are specialized bathometric and geophysical surveys, as well as high-resolution gravitational surveys of the work area.”
Added 09/29/2022 - 11:41 AM
Update 09/29/2022 - 12:59 PM
[You must be registered and logged in to see this link.]