OPERATIONS

Iraq: Foreign companies welcome

For those companies with comprehensive insurance cover, Iraqs Oil Ministry has called for bids to...

In a statement the Director General of the State Company for Oil Projects Ahmed al-Shamma said, “International companies were approached by the oil ministry’s reservoir department to do engineering studies. The contracts [will] be the first to be undertaken on the country’s main oil producing fields since the 1980s. These are very old fields [and] we’re checking on present production [as] we want to optimise production.”

“Fix-up work [will] continue for an estimated two years. Companies have until July 29 to submit tenders for equipment and materials [and] the ministry is analysing company offers and should make a decision in late September-early October,” added Ahmed.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry