Follow us! Follow us!

Iraq contracts to dig 40 oil wells in Majnoon giant field

From Reputable News Sources

Iraq contracts to dig 40 oil wells in Majnoon giant field

Unread postby admin » Wed Dec 19, 2018 9:26 am

Iraq contracts to dig 40 oil wells in Majnoon giant field

2018/12/19 12:27

Iraq contracts to dig 40 oil wells in Majnoon giant field

{Baghdad: Euphrates News} The Ministry of Oil, two contracts to dig 40 wells and the implementation of seismic surveys of Majnoon oil field giant in the province of Basra.
A statement to the ministry received the agency {Euphrates News} a copy of the Deputy Prime Minister for Energy and Minister of Oil Thamir Abbas Ghadhban, stressing during his presence the signing of the contracts for the first two decades to dig 40 oil wellsin the field between the Basra Oil Company and Schlumberger, and the second signing contract for the implementation of seismic survey dimensions The three and two dimensions of the field between the Basra Oil Company and the oil exploration company, "the ministry's keenness to proceed with the implementation of plans to develop the field of Majnoon oil national effort."
Al-Ghadhban added that "the field of Majnoon from the giant fields to have great production potential and the signing of the two contracts comes to raise the production rates in the field, as well as the provisions of the technical management of the field national effort after Shell withdrew from the implementation of its obligations to develop the field," explaining that "drilling 40 wells will increase rates Production in the field, which in turn will provide additional revenue for the state treasury. "
He said that "the implementation of seismic surveys of a crazy field by the oil exploration company in the style of the three dimensions will provide accurate information to the Basra Oil Company and will enable them to promote the production in the field and increase production capacities and extract oil with the best technology and modern technology with a purely national effort."
For his part, said the Director General of Exploration Oil Company Nashwan Mohammed Nuri that "the contract signed with the Basra Oil Company is one of the large contracts implemented by the company with its national capabilities, and the surveys will be carried out in the three dimensions and dimensions to be able to obtain accurate information to clarify the structural image of the field and determine the extension of oil patches "noting that" the duration of the contract 19 months , "stressing that the Ttoffer potential field, technical and laboratory company has enabled it to implement many of the contracts with licensing companies in Iraq."
the Majnoon field is one of the giant oil fields in Iraq and the amount of energy a Current production in which more than 240 thousand barrels per day, and announced that the Ministry of Oil for the development of national effort field after Shell International withdrew from the implementation of the contract to develop the field , which won in the oil licensing rounds.
It is said that {Schlumberger} is the largest company in the world working in Oilfield services field, which has activities in about 85 countries and employs more than 100 thousand people from 140 nationalities, works in the field of drilling, maintenance and testing of oil and gas wells and the field of oil services.

alforatnews.com
If its not on Iraqi Dinar Chat...It's probably crap!
User avatar
admin
Site Owner
Site Owner
 
Posts: 23542
Joined: Fri Sep 16, 2011 11:26 am

Return to Iraqi Politics & Economy

Who is online

Users browsing this forum: Bing and 52 guests

cron