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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

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    Oil signed four contracts with France's Total for integrated oil and gas development and growth proj

    Rocky
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    Oil signed four contracts with France's Total for integrated oil and gas development and growth proj Empty Oil signed four contracts with France's Total for integrated oil and gas development and growth proj

    Post by Rocky Mon 10 Jul 2023, 5:10 am

    Oil signed four contracts with France's Total for integrated oil and gas development and growth projects

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    Economy News - Baghdad
    On Monday, the Ministry of Oil signed four contracts with the French company Total for integrated oil and gas development and growth projects, while clarifying the details of the projects.
    "The signing of these contracts with the French company Total and its partners is important, as these efforts fall within the integrated South project, which includes four major and large projects for the oil and gas sectors," said Oil Minister Hayan Abdul-Ghani, in a speech during the signing ceremony of the contracts, followed by "Al-Iqtisad News". Indicating that "the first of these projects is the use of the sea for the purposes of reservoir support, which is one of the projects with great economic feasibility and aims to provide sea water to support the reservoir pressure in the various oil fields."
    He added, "The other project is the investment of associated gas with a capacity of 600 million cubic feet per day, and it is divided into two phases, each phase 300 cubic metres." In addition to preserving the environment and health.
    He stated that "the third project is to develop the Artawi oil field and increase production from this field to more than 210 thousand barrels per day," pointing out that "the field produces special light oil with a degree of more than forty degrees and is considered one of the excellent fuels in the region," pointing out To, "The fourth contract project represents an important addition to the renewable energy sector in Iraq, which is the investment of solar energy with a capacity of one gigawatt, or 1,000 megawatts. It is one of the largest energy consolidation projects in the region and the real start for renewable energy investment in Iraq."
    He stated that "the fulfillment of the requirements of these fields has received a lot of work, study and discussion, and it took a lot of time and effort. The teams and groups for negotiation and training for the team representing the Ministry and the team representing Total have made a lot of effort and youth work, in order to reach a path that satisfies all concerned parties." Pointing out that "these contracts were carried out with the care of the Council of Ministers, led by Prime Minister Muhammad Shia'a al-Sudani, who was keen to follow up and focus on all concerned parties to overcome obstacles, difficulties and procedures to fulfill the requirements of this fuel."
    And between: "We will proceed with Total and with all partners to serious and fruitful cooperation in order to proceed with the implementation of these contracts on the ground in order to harvest the fruit of this cooperation and success and achieve the great achievement in service of the common interest, which will reflect positively on the reality of the oil industry, foreign affairs, energy and Iraq."


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