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Referring 13 blocks and fields in various governorates to licensing rounds.. Iraq is enhancing its oil production
The first 05/14/2024
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Iraq has intensified its efforts to advance the energy sector and enhance its oil and gas production, following the referral of many blocks and fields during the fifth supplementary and sixth licensing rounds, which ended yesterday with 13 companies winning to invest and explore new oil fields distributed among various governorates.
According to the Minister of Oil, Hayyan Abdul-Ghani, during a press conference held yesterday at the conclusion of the activities of the two licensing rounds, which Al-Sabah attended, the total number of referrals reached 13 referrals for a plot and field distributed among the governorates of Baghdad, Mosul, Anbar, Maysan, Najaf Al-Ashraf, Wasit, Diwaniyah, Holy Karbala, Basra and Babylon, indicating that The fields that were referred are: “East Baghdad field, Al-Dima field in Maysan, the Middle Euphrates field shared between the governorates of Najaf Al-Ashraf and Holy Karbala, Al-Faw patch in Basra, Allan and Sasan in Nineveh, Al-Qarnain patch shared between the governorates of Najaf Al-Ashraf and Anbar, Zurbatiyah patch, and Abu Khaymah in Basra, Plot No. 7 shared between Najaf Al-Ashraf, Diwaniyah, Al-Muthanna, Wasit, and Babylon, Al-Dhafriyah in Wasit, Sumer Patch in Muthanna, Jabal Sanam Exploratory Patch, which has extensions in neighboring countries in Basra, Al-Khalisiya Patch shared between Nineveh and Anbar.
Abdul-Ghani explained that the referral of this number of patches and fields represents a very good step for the Ministry of Oil, noting that the Contracts and Licensing Department is awaiting great work and effort to prepare and sign the contracts, and it has been given a period of two months to finally resolve them.
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