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Oil Exploration signs a contract to implement seismic surveys for the Khana oil patch with the Chinese company Geoged
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[rtl]Baghdad / NINA / The Petroleum Exploration Department signed a contract to implement the seismic survey of the Khana oil patch with the Chinese company Geojeed for the benefit of the Central Oil Company.
The Undersecretary for Extraction Affairs (Bassem Muhammad Khudair) said: On behalf of the Deputy Prime Minister for Energy Affairs and the Minister of Oil: Today we attended the signing of a referral contract. Two- and three-dimensional seismic survey of the Khana oil patch within the fifth licensing round to the Petroleum Exploration Company.
He added that the implementation of this contract achieves the strategic vision of the oil sector by involving national oil companies in the implementation of oil projects and in a manner consistent with future plans. He
continued, “The Ministry is keen to increase production capacity. ” In addition to improving the working conditions and environment, as well as reducing gas imports, we will also provide job opportunities and enhance the state’s financial revenues through the implementation of such giant projects.”
For his part, the Director General of the Petroleum Exploration Company (Osama Raouf Hussein) said, “We are very happy to sign this contract with The Chinese company Geojeed, as this is a project that will be implemented by the Petroleum Exploration Company with its national staff and advanced equipment.”
He explained that “the implementation of the contract will be in two parts, the first two-dimensional and its size 770 km/length while the second part is 700 square km in size, and this project is considered promising. ” Oil and gas, in addition to employing national workers working in the areas surrounding the project.”
For his part, Director General of the Central Oil Company, Muhammad Yassin, said, “The Naft Khana patch is one of a group of oil patches in Diyala Governorate, which includes four explored fields. Two-dimensional and three-dimensional seismic surveys will be conducted in accordance with this contract to explore the quantities of oil and gas present in it, which are It is hoped that it will add large quantities of crude oil and gas to local production, and equip electric power generation plants with local fuel instead of imported fuel.”/End H[/rtl]
The Undersecretary for Extraction Affairs (Bassem Muhammad Khudair) said: On behalf of the Deputy Prime Minister for Energy Affairs and the Minister of Oil: Today we attended the signing of a referral contract. Two- and three-dimensional seismic survey of the Khana oil patch within the fifth licensing round to the Petroleum Exploration Company.
He added that the implementation of this contract achieves the strategic vision of the oil sector by involving national oil companies in the implementation of oil projects and in a manner consistent with future plans. He
continued, “The Ministry is keen to increase production capacity. ” In addition to improving the working conditions and environment, as well as reducing gas imports, we will also provide job opportunities and enhance the state’s financial revenues through the implementation of such giant projects.”
For his part, the Director General of the Petroleum Exploration Company (Osama Raouf Hussein) said, “We are very happy to sign this contract with The Chinese company Geojeed, as this is a project that will be implemented by the Petroleum Exploration Company with its national staff and advanced equipment.”
He explained that “the implementation of the contract will be in two parts, the first two-dimensional and its size 770 km/length while the second part is 700 square km in size, and this project is considered promising. ” Oil and gas, in addition to employing national workers working in the areas surrounding the project.”
For his part, Director General of the Central Oil Company, Muhammad Yassin, said, “The Naft Khana patch is one of a group of oil patches in Diyala Governorate, which includes four explored fields. Two-dimensional and three-dimensional seismic surveys will be conducted in accordance with this contract to explore the quantities of oil and gas present in it, which are It is hoped that it will add large quantities of crude oil and gas to local production, and equip electric power generation plants with local fuel instead of imported fuel.”/End H[/rtl]
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