MOSUL TIME RADIO
Yesterday , Wednesday, the Ministry of Oil announced the signing of 13 initialed contracts with the winning companies to develop fields and exploration blocks within the fifth complementary and sixth licensing rounds, while indicating that these contracts will add large quantities of oil production estimated at 750 thousand barrels per day, in addition to an investment of 850 mqmq per day. From gas .
Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed this in a statement from the Ministry of Oil “The Ministry is keen and earnestly seeking to maximize oil production, as well as optimize gas investment through developing oil and gas fields and exploratory patches .”
He added, “These contracts will add large quantities of oil production estimated at 750 thousand barrels per day, in addition to investing 850 mqmq per day of gas,” noting that these quantities and production and investment capacities of gas aim to achieve flexibility in equipping electric power generation stations with gaseous fuel. In addition to supporting the energy sector in Iraq .”
The Minister of Oil noted Until “the Ministry signed with the companies that won the initials contracts to develop oil fields and exploratory blocks, as the contract was signed for the Al-Faw exploratory block, the Sanam Mountain exploratory block, the Sumer exploratory block, the Abu Khaymah exploratory block, the Dimah field, the Allan and Sasan exploratory block, and the Al-Khulaisiyah exploratory block, The Qarnain exploratory patch, the Zurbatiyah exploratory patch, the exploratory patch No. (7), the Dhafriyah exploratory patch, the eastern Baghdad field, and the middle Euphrates fields .”
For his part, the Undersecretary for Extraction Affairs, Bassem Muhammad Khudair, said: “These contracts that were signed today will be sent to the Ministerial Council for Energy to obtain approvals for the purpose of conducting the final signing of the contracts in order to begin implementing development operations,” indicating that these projects will improve the economic reality of the country and save quantities of gas. required for self-sufficiency .
The Ministry of Oil stated, “The fifth supplementary and sixth licensing rounds continued their activities over a period of three days, and on the first day: the Chinese company ZEPC won two contracts to develop the East Baghdad field and the Middle Euphrates fields, while the Iraqi company KAR won two contracts to develop the Dima field in Maysan and the Alan and Sasan fields in the province.” Nineveh, the Chinese company UEG won the contract to develop the Al-Faw area in Basra, and the “Zhenhue” company won . The Chinese company won the contract to develop the Qarnain patch in the provinces of Najaf and Anbar, and the “GEO-JADE ” company won the development of the Zarbatiyah patch in the Wasit Governorate .
On the second day: The Chinese company Sinopec won the development of the “Sumer” exploration block in the Muthanna Governorate, and the exploration block (7), which extends across the governorates of “Diwaniyah, Najaf Al-Ashraf, Babylon, Wasit and Muthanna”, was developed by the Chinese company CNOOC , and the Chinese Anton Oil Company also won the development of the Al-Dhafriya field. In Wasit Governorate, “Zenhua” Company won Zhenhua The Chinese company developed the “Abu Khaymah” patch in the Muthanna Governorate, near the Iraqi-Saudi border, and the Geo-Jade company won the development of the “Jabal Sanam” exploratory patch in the Basra Governorate on the Iraqi-Kuwaiti border .
On the third day: The Iraqi Car Company won the investment in the Al-Khulaysia area, which extends within the Nineveh and Anbar governorates on the Iraqi-Syrian border.
