14 April 2005 The pending appointment of a new government in Iraq — the third since September 2003 — appears unlikely to open the doors to large investments by international oil companies, although the drawing up of a constitution later this year may take them one step closer. But that’s not deterring firms from getting a foot in the door, with some 29 companies signing memorandums of understanding (MOU) with…
Tag: Luhais
Iraq Focuses On Pilot Projects To Counter Big Field Declines
8 July 2005 Iraq’s South Oil Co. (SOC) is launching a handful of pilot production projects at oil fields in southern Iraq, in an attempt to compensate for declines at its large producing fields, according to local industry sources. The big-field problems have been exacerbated by a lack of funds for drilling new wells and working over existing wells, as well as delays in implementing water injection projects. The major…
Iraq’s Production, Export Status Seen Unchanged Until Late 2006
21 September 2005 Iraq is unlikely to see any major change in its current 2.2 million barrels per day of production capacity or in the paralysis of its northern export route until late 2006 or early 2007 at the earliest, according to former Oil Minister Thamer al-Ghadban. Upstream progress will only come with the implementation of recently awarded contracts and others under consideration, he told International Oil Daily Tuesday on…
Newly Appointed Iraqi Oil Minister Outlines Priorities
1 June 2004 Iraq’s newly appointed interim oil minister, Thamer al-Ghadban, aims to restructure his ministry and the companies under its umbrella, and to launch a number of long delayed oil development projects, he told Energy Intelligence Briefing on Tuesday, in his first interview after being sworn in. Al-Ghadban was named as part of the new interim government that will take over most of the power from the coalition occupation…