Archive for the ‘2005’ Category
14 June 2005
Iraq’s Oil Minister Ibrahim Bahr al-Uloum has set up three new committees for marketing, contracts and downstream in a bid to fight corruption, as promised when he took over in May, Iraqi sources said.
However, the sources warned that the new formula of running the oil ministry’s affairs by committees could paralyze the workings of the different departments by adding a new layer of bureaucracy.
Just a week after naming a new head for State Oil Marketing Organization (Somo), Bahr al-Uloum has set up an oil marketing …
1 July 2005
Two of Iraq’s top oil officials have been replaced by the country’s new oil minister, in a move widely regarded as politically motivated.
The changes represent the second major shake up of the oil ministry since Ibrahim Bahr al-Uloum was appointed as minister in May, Baghdad sources told International Oil Daily Thursday.
Nabil Lamuza, director general of planning and studies, was replaced by an outsider, Fayad Hassan Nemeh. Nemeh, who worked for the last 15 years in an engineering company manufacturing gas cylinders, was appointed earlier this …
7 July 2005
Regardless of its official name, Iraq Oil Exploration Co. (IOEC) has done little in the way of exploration for the past 15 years — and is unlikely to start exploring the country’s vast areas anytime soon, in the absence of seismic equipment and trained staff.
However, since the collapse of the Baath regime in 2003, the company has been focusing on building a modern National Data Center and is busy reacquiring field data it lost in the postwar chaos, according to an IOEC official.
“During its 40 …