Home
Oil Minister arrives at North Oil Company in Kirkuk, discusses BP contract
[You must be registered and logged in to see this image.]
2024-08-02 03:18
Share
font
[You must be registered and logged in to see this image.]
2024-08-02 03:18
Share
font
Shafaq News/ A source in the North Oil Company in Kirkuk Governorate reported on Friday that the Iraqi Oil Minister Hayan Abdul Ghani arrived at the company's headquarters and discussed with its general manager a number of topics, including the contract of the British company "BP" to develop oil fields in the governorate and the Iraqi-Turkish pipeline.
The source explained to Shafaq News Agency, "The Minister of Oil, Hayan Abdul-Ghani, accompanied by a number of officials from the Ministry, arrived at the headquarters of the North Oil Company on an unannounced visit. The delegation was received by the Director General of the North Oil Company, Burkan Hassan Abdullah, and the Minister conducted an inspection tour of the company's departments."
He added, "The Minister of Oil held a meeting with the Director General of the North Oil Company and a number of his assistants and engineers from the company's departments, and discussed with them the levels of oil production in general with the company and the mechanisms for increasing the overall production of the North Oil Company, which has resources capable of increasing its oil production."
The source also indicated that "the Minister of Oil requested from the company's management a comprehensive map of crude oil production in the Kirkuk fields and the Hafna, Jambur, and Khabaza oil fields, and a detailed report on production levels in each field for the purpose of working on developing these fields, in conjunction with concluding the contract with the British company (BP)."
The source confirmed that "the Iraqi Minister of Oil asked the company to work accurately with the British company for the purpose of implementing the terms of the contract signed with it yesterday, Thursday, in order to develop the oil fields, and increase the company's overall production, as well as prepare a plan for the unexploited oil wells developed by the company for the purpose of developing them by North Oil and the British company (BP)."
The source added that "the management of the North Oil Company gave a complete picture of the general production situation in the company, the completion of the repair work of the Iraqi-Turkish pipeline, and the start of the experimental pumping of the pipeline, which was tested with complete success, and is ready to transport crude oil from the Kirkuk fields to the Turkish port of Ceyhan."
Yesterday, Thursday, a comprehensive petroleum memorandum of understanding was signed between the Ministry of Oil and the British Petroleum Company (BP) to develop Kirkuk fields for oil and gas production.
According to a statement issued by the office of Prime Minister Mohammed Shia Al-Sudani, the latter sponsored the ceremony, and the Iraqi side was signed by Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, while the CEO of BP, Murray Auchincloss, signed on behalf of the company.
The statement indicated that the memorandum includes the rehabilitation and development of the four fields of the North Oil Company in Kirkuk, which are the Kirkuk field with its two domes (Baba and Avana), the Bai Hassan field, the Jambur field and the Khabbaz field.
According to the statement, the memorandum also included the possibility of agreeing on other fields or exploration areas, with the agreement of both parties, in light of the government’s efforts to optimally invest in promising opportunities in the energy sector, with the aim of increasing and enhancing oil production, gas investments and solar energy in this region.
[You must be registered and logged in to see this link.]
The source explained to Shafaq News Agency, "The Minister of Oil, Hayan Abdul-Ghani, accompanied by a number of officials from the Ministry, arrived at the headquarters of the North Oil Company on an unannounced visit. The delegation was received by the Director General of the North Oil Company, Burkan Hassan Abdullah, and the Minister conducted an inspection tour of the company's departments."
He added, "The Minister of Oil held a meeting with the Director General of the North Oil Company and a number of his assistants and engineers from the company's departments, and discussed with them the levels of oil production in general with the company and the mechanisms for increasing the overall production of the North Oil Company, which has resources capable of increasing its oil production."
The source also indicated that "the Minister of Oil requested from the company's management a comprehensive map of crude oil production in the Kirkuk fields and the Hafna, Jambur, and Khabaza oil fields, and a detailed report on production levels in each field for the purpose of working on developing these fields, in conjunction with concluding the contract with the British company (BP)."
The source confirmed that "the Iraqi Minister of Oil asked the company to work accurately with the British company for the purpose of implementing the terms of the contract signed with it yesterday, Thursday, in order to develop the oil fields, and increase the company's overall production, as well as prepare a plan for the unexploited oil wells developed by the company for the purpose of developing them by North Oil and the British company (BP)."
The source added that "the management of the North Oil Company gave a complete picture of the general production situation in the company, the completion of the repair work of the Iraqi-Turkish pipeline, and the start of the experimental pumping of the pipeline, which was tested with complete success, and is ready to transport crude oil from the Kirkuk fields to the Turkish port of Ceyhan."
Yesterday, Thursday, a comprehensive petroleum memorandum of understanding was signed between the Ministry of Oil and the British Petroleum Company (BP) to develop Kirkuk fields for oil and gas production.
According to a statement issued by the office of Prime Minister Mohammed Shia Al-Sudani, the latter sponsored the ceremony, and the Iraqi side was signed by Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, while the CEO of BP, Murray Auchincloss, signed on behalf of the company.
The statement indicated that the memorandum includes the rehabilitation and development of the four fields of the North Oil Company in Kirkuk, which are the Kirkuk field with its two domes (Baba and Avana), the Bai Hassan field, the Jambur field and the Khabbaz field.
According to the statement, the memorandum also included the possibility of agreeing on other fields or exploration areas, with the agreement of both parties, in light of the government’s efforts to optimally invest in promising opportunities in the energy sector, with the aim of increasing and enhancing oil production, gas investments and solar energy in this region.
[You must be registered and logged in to see this link.]
» utube 9/7/24 MM&C Iraq Dinar-#Iraqidinar-#XRP-Open MarkOperations-OMO-Currenc
» Parliamentary Committee Points to a “Dysfunction” in Customs Work: Their Talk Is Repeated... and The
» Prime Minister's Advisor: Central Bank Decisions Contribute to Reducing Inflation Rates in the Count
» Commerce announces the launch of the electronic payment service for import license fees and export I
» Government advisor announces platform to grant project establishment licenses and reduce raw materia
» Omani industrial exports to Iraq jump in 8 months
» Al-Sudani: We are proceeding with digitization and electronic transformation processes in various se
» Prime Minister's Office Announces Launch of Application Form for Robotics and Artificial Intelligenc
» Iraqi Oil Ministry responds to letter from US Congress members to President Biden
» Three-pronged government plan for tax reform
» Currency Auction.. The Central Bank of Iraq sells more than 254 million in one day
» The Ministry of Oil responds to the "slander" of American representatives: We do not escape or mix,
» The Ministry of Planning follows up on the implementation stages of the Nasiriyah International Airp
» Jordan's exports to Iraq rise over the past eight months
» Preserving freedoms is our identity and the depth of our strategy
» Settling the controversy over the mechanism for burying the bodies of "terrorists" in Iraq - Urgent
» Al-Sudani: The government is proceeding with digitization and electronic transformation of various s
» Expert reveals details of Iraqi oil smuggling route: This is its price - Urgent
» Suez Canal is no longer safe.. Expert advises exporting Iraqi oil via Ceyhan, Turkey - Urgent
» Al-Karkh Health / The Organizing Committee of the Twelfth Annual Scientific Conference for Laborator
» Al-Sudani's government in a difficult situation... No US withdrawal and negotiations sought to "calm
» MP: Amnesty law gives public money thieves the right to commit their crimes with impunity
» Economic recession hits Anbar, and rising unemployment and theft threaten its stability
» Kurdistan Finance: “My Account” banking system provides loans worth 15 million dinars to employees
» For disbursing agricultural loans.. Severe imprisonment for the former manager of the Agricultural B
» The meeting of the Iraqi Economic Council delegation with the Kurdistan Regional Government begins
» Leaks about the US withdrawal from Iraq are a "painkiller" and a maneuver to support "Harris" and Al
» With 15 million.. Kurdistan Finance: "Hisabi" system will provide loans to employees
» Government advisor outlines financial gains from merger of National and Iraqi insurance companies
» Judge Hanoun: We are continuing the file of recovering money and corrupt people from abroad
» Minister of Transport receives his Egyptian counterpart at Baghdad International Airport
» Iran's exports to Iraq reach $4.5 billion in 5 months
» Central Bank of Iraq announces comprehensive banking reform map
» Dollar prices stabilize in Baghdad markets
» Minister of Labor: Student grant will return with the start of the school year
» Government Advisor: We are working on developing a tax system that is attractive to investors
» Baghdad Provincial Council: This is what hinders the implementation of generator pricing
» International conference on Al-Hol camp
» Integrity: We are continuing the file of recovering funds and corrupt people from abroad
» Chasing {rumor accounts} on social media
» Resuming the promotion of terrorism victims’ transactions
» 16 Guidelines for Developing Electronic Payment Services
» Correcting the position of foreign workers in Najaf
» Labor completes procedures for launching the 43rd batch of soft loans
» 67 billion shares traded in the stock market
» Telecommunications activity economically
» Sudden security tightening at the largest US military bases in Iraq - Urgent
» Sources to Baghdad Today: Iranian President to arrive in Baghdad next Wednesday
» The Syndicate of Journalists in the Region on the Closure of the “Jawdir” Foundation: It Contradicts
» Planning reveals the estimated percentage of the population of Iraq - Urgent
» Judge Zidane receives the Chargé d'Affaires of the German Embassy
» A high-level government delegation arrives in Erbil to discuss issues of ports, taxes and checkpoint
» Advisor to Al-Sudani: There is no salary crisis, these are just rumors to raise concerns
» The Ministerial Council for Economy reveals details of its meeting tomorrow, Sunday, in Erbil
» How likely is it to raise taxes to cover the deficit? A government advisor answers
» Iraqi Ministry of Finance: Salaries are financed according to available liquidity
» He will sign an agreement with Iraq.. The Iranian President will visit Baghdad in mid-September
» In parallel with the theft of the century, a deputy exposes a new waste in the name of “the theft of
» Washington blows up the withdrawal hypothesis...the government remains silent
» British report: Washington plans a long stay in Iraq
» “Fake garages” in Iraq.. Extortion of vehicle owners by subsidized parties
» Minister of Finance settles controversy over delay in paying employees’ salaries
» Labor confirms the continuation of the student grant and it will return at the beginning of the scho
» The Prime Minister directs, through the “Homeland and People” program, the service effort to enter t
» Iraq's oil exports to the US rose last week
» Green continues above the 150,000 threshold
» Morning list of dollar prices in Iraqi stock exchanges today
» Parliamentary demands to amend the paragraphs of the Provincial Councils Law.. What are the reasons?
» They want to be rewarded for not receiving a salary.. Education contracts are piling up in front of
» A large ministerial delegation will visit the region tomorrow to discuss crucial files and issue imp
» Iraq's Judiciary Under Fire: An Organized Campaign Threatens the Fortress of Justice
» The Ministry of Interior reveals to Al-Maalouma international coordination to pursue drug smugglers
» Central Bank of Iraq records more than $1 billion in currency sales in a week
» Al-Sudani launches executive works on 3 combined cycle projects in the electricity sector
» We monitored the financial allocations to develop all sectors.. Al-Sudani: The energy file represent
» Absent for (10) months.. Parliament fails to decide on the position of "President"
» Iraq's losses amount to $19 billion due to the suspension of oil exports.. Crisis in restarting the
» Minister of Electricity: Operation of the Iraqi-Gulf energy connection will be at the end of the yea
» Al-Sudani announces reaching final understandings to implement a project to produce 10,000 megawatts
» Is Iraq heading towards a salary crisis? An economic expert explains!
» Minister of Justice follows up on digital transformation steps in the ministry
» After "transgressing" the legislative authority, MP Hassan Al-Khafaji is threatened with the withdra
» Alsumaria's most prominent files in the afternoon bulletin: the withdrawal of the international coal
» Court of the Century: Courage in the Shadow of Silence
» US Institute: Washington must stop exchanging intelligence with Baghdad after eavesdropping scandal
» MP: Foreign interference in personal status law is unacceptable
» Bad news for employees in Iraq.. A salary crisis is looming
» During a month.. The Iraqi Stock Exchange trades 67 billion shares worth 43 billion dinars
» Iraq announces increase in investment volume to $69 billion in a year and a half
» The truth about stopping the payment of salaries of 7 thousand Peshmerga members
» Trump Family Cryptocurrency Project Promises to 'Ensure US Dollar Dominance'
» Within 6 months.. Jordan exports 37 gigawatts of electricity to Iraq
» Completion of drilling the first multi-section oil well in Baghdad
» Civil Status, Residence and Passports: Electronic Passport Factory to be Opened in Baghdad
» The Ministerial Council for Economy announces holding its next session in the Kurdistan Region
» A slight decrease in the dollar exchange rates in Baghdad, Basra and Erbil
» Interior: More than 40 million Iraqis have obtained the unified national card
» Protected by "influential parties" or "paying bribes" .. "unlicensed" stores selling alcoholic bever