Posts Tagged ‘Amara’
11 September 2008
Iraqi Oil Minister Hussein al-Shahristani has named Ali Muarij, a petroleum engineer from southern Iraq, director-general of Missan Oil Co. (MOC), the first regional operating company to be set up since Iraq National Oil Co. was dismantled in 1987, Iraqi sources told International Oil Daily from Baghdad Wednesday.
The cabinet in June approved the creation of MOC to operate all oil fields in Missan province in southern Iraq, until now overseen by South Oil Co. (SOC). Al-Shahristani told International Oil Daily in July that he intended to …
25 April 2008
India’s state Oil and Natural Gas Corp. (ONGC) and Indonesia’s Pertamina recently opened talks with Iraq’s oil ministry about renegotiating exploration contracts signed with the Baath regime before the war in 2003, Iraqi officials told International Oil Daily Thursday.
The two companies met with Iraqi ministry officials in Amman last week to adapt the deals to the new model contracts — called Service Exploration and Production Contracts (SEPC) — the ministry is introducing for exploration deals. Financial terms will also have to be renegotiated to take into …
27 March 2007
The Iraqi government decided to renegotiate an old production sharing contract which had been signed by China National Petroleum Corp. (CNPC) to develop the 90,000 barrel per day Al-Ahdab oil field with the former Iraqi regime “for political and legal reasons” rather than retender, a senior Iraqi government official told International Oil Daily late last week.
CNPC officials traveled to Baghdad earlier this month for a first meeting with the Iraqi oil ministry on the fate of the production sharing agreement it signed in 1997 following the …